Former Northeastern U. Student Who Dropped Out Gives $25 Million for New Professorships
Plus, the News Literacy Project landed $10 million from Los Angeles philanthropists Melanie and Richard Lundquist to combat misinformation.
A Half-Billion Dollars of Influence: Big Philanthropists and the Midterm Elections
Major charitable donors are becoming political heavyweights, thanks to controversial eight- and even nine-figure contributions.
Charitable Giving to Fight Climate Change Now Tops at Least $7.5 Billion, a 25% Rise
Many more nonprofits are receiving aid as a result of the increased dollars. Still, the share of philanthropic money that goes to climate change is tiny compared with all funds donated to causes like education and the arts.
Foundations and Big Donors Step In to Tackle the Nation’s Nurse Shortage
Grant makers are backing ways to pay educational costs and make the jobs more attractive, especially to people of color, who often don’t choose the profession, and promoting innovations such as the use of robots for routine tasks.
Conservatives Care About the Climate, Too. Philanthropy Should Stop Ignoring Them.
A growing network of center-right nonprofits is committed to emissions reduction and has the potential to drive durable bipartisan policy solutions to the climate crisis. Grant makers should take a closer look at them.
Salvation Army and American Red Cross Share $80 Million for Climate-Driven Disaster Planning
Also, Breakthrough Energy has awarded $50 million to develop jet fuel with lower emissions, and four Pittsburgh foundations gave $4 million to rebuild the synagogue where an antisemitic mass shooting killed 11 people in 2018.
Growing Public Support for Worker Rights Should be Matched by Increased Philanthropic Giving
As more employees organize and seek a voice in corporate decisions affecting their lives, grant makers have the best chance in decades to address labor-market issues that have long stood in the way of worker equity and opportunity.
Ballmer Group Commits $217 Million Through Its New Climate-Change Effort
Also, the Bill & Melinda Gates Foundation donated $1.2 billion to end polio worldwide by 2026, and Bank of America gave $24 million for economic development in communities of color.
The nation’s biggest private supporter of education says helping kids do better in math will help ensure they graduate high school and get well-paying jobs as adults. That means cutting support for reading, writing, and the arts.
Gates Foundation Boosts GivingTuesday With $10 Million Donation
The new gift, announced Tuesday, also represents the Gates Foundation’s ongoing efforts encouraging people to give.
Recent federal momentum on addressing hunger and nutrition is an opportunity for grant makers to rethink funding practices that have failed to bring about lasting results.
Plus, Jackie and Mike Bezos gave $710 million to Fred Hutch Cancer Center, and Massachusetts General Hospital got $50 million to expand sickle cell disease research and to support other programs.
No Thank You: Why One Foundation Leader Doesn’t Want Gratitude From Grantees
Grant makers aren’t giving away their own money so the conversation with their partners should always be about equals working to change the world — not as benefactor and supplicant.
Carnegie Medal of Philanthropy Honors Dolly Parton, Stacy and Lynn Schusterman, and Others
Dolly Parton won for her free book program and her donation for Covid vaccine research, Stacy and Lynn Schusterman for supporting justice and equity, and Manu Chandaria for providing scholarships and more in Africa. Background From the Chronicle: Stacy Schusterman and others talk about running family foundations.
Urgent Philanthropic Action Is Needed as the Nation’s Water Crisis Claims Lives and Livelihoods
Climate giving too often focuses solely on future crises even though communities are already suffering the effects of drought, flooding, and other climate-driven water problems. Efforts to address the challenges facing two Western rivers demonstrate a better path forward for grant makers.
MacArthur ‘Genius Grant’ Fellows of 2022
A specialist in plastic-waste management, artists, musicians, computer scientists, and a poet-ornithologist who advocates for Black people in nature are among this year’s 25 winners of the John D. and Catherine T. MacArthur Foundation’s prestigious fellowships known as “genius grants” that honor…