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Giving

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Gilead Sciences Adds $200 Million to Its Foundation’s Endowment, Pledges Support for People of Color and LGBTQ Youths

Gilead Sciences Adds $200 Million to Its Foundation’s Endowment, Pledges Support for People of Color and LGBTQ Youths

Also, two foundations gave $20 million to expand internet access for households in the Cleveland area, and the Knight Foundation awarded $1.5 million to back Black and women entrepreneurs in Macon, Ga.

A New Report Raises Concerns About Philanthropy’s Trustworthiness. How Alarmed Should We Be?

A New Report Raises Concerns About Philanthropy’s Trustworthiness. How Alarmed Should We Be?

Independent Sector found a decline in trust of nonprofits, especially philanthropic organizations. But there are likely many factors that account for this finding — not all of them as bad.

Philanthropy Can Help Rebuild Main Street for a Post-Pandemic World

Philanthropy Can Help Rebuild Main Street for a Post-Pandemic World

The challenges facing downtown areas, especially in communities of color, were exacerbated by the pandemic but have existed for years. Local philanthropy is particularly well-suited to help them recover.

NYU’s Business School Lands $50 Million From Namesake Donor

NYU’s Business School Lands $50 Million From Namesake Donor

Plus, five additional universities received big gifts.

Foundations Are Undermining Social Equity Under the Guise of Accountability

Grant makers use conflict-of-interest policies to demonstrate they are being prudent with their dollars, but instead this approach allows them to keep an arm’s length from the very people most likely to advance meaningful change.

$30 Million Storytelling Fund Seeded by Ford, Skoll, and Compton Foundations

$30 Million Storytelling Fund Seeded by Ford, Skoll, and Compton Foundations

Also, three banks have made $30 million in grants to bolster inclusive real-estate development in Memphis, and the New Breath Foundation and the East Bay Community Foundation have jointly pledged $10 million to support Asian American and Pacific Islander communities in Northern California.

The Gateses’ Divorce Offers a Case Study in What’s Wrong With the Way Journalists Cover Philanthropy

The Gateses’ Divorce Offers a Case Study in What’s Wrong With the Way Journalists Cover Philanthropy

The focus on personality obscures what matters: what Bill Gates is doing to transform global health and stave off climate change, writes a former Gates Foundation official.

MacArthur Grant Aims to Help People With Disabilities Find Work in Philanthropy

MacArthur Grant Aims to Help People With Disabilities Find Work in Philanthropy

Fellows get training through an organization called RespectAbility as part of the organization’s push to make up for a void on foundations staffs: Less than 1 percent of people at foundations have a disability, according to a recent study.

Should Philanthropy Fund Government? A $400 Million Gift Settles That Question in Kalamazoo, Mich., for Years to Come

Should Philanthropy Fund Government? A $400 Million Gift Settles That Question in Kalamazoo, Mich., for Years to Come

Private donations will cover revenue losses the city faces from a 38 percent property tax cut enacted in 2017. The goal is to keep the city competitive when fighting for jobs and talent with Southwest Michigan’s many other localities.

Our Nation’s Care Infrastructure Is Failing Families. It’s Time for Philanthropy to Make It a Priority.

Our Nation’s Care Infrastructure Is Failing Families. It’s Time for Philanthropy to Make It a Priority.

A new $50 million philanthropic effort aims to ensure all Americans have access to high-quality care for children and families. As the Biden administration seeks to expand federal support for caregiving, more grant makers should embrace this opportunity to change what care looks like in the United States.

Los Angeles Fund Awards $36.1 Million to Revive Cultural Groups; Novartis Advances Black Leaders in Health

Los Angeles Fund Awards $36.1 Million to Revive Cultural Groups; Novartis Advances Black Leaders in Health

Also, the Knight Foundation is seeking proposals for research to stop the spread of disinformation online.

MacArthur Issues $80 Million in Grants From Its Bond Offering

The MacArthur Foundation has now committed nearly all of the $125 million it raised in a bond offering last summer.

Philanthropy’s New Activism in Public Safety

After George Floyd’s murder by police a year ago, foundations, corporations, and individuals donated billions of dollars to nonprofits in support of racial-justice and equity efforts. But the increase in funding comes at a time when homicide rates are on the rise so grant makers may come under pressure to change course — especially from politicians in regions with strong support for the police.

UCLA Students Take On the Role of Grant Makers

UCLA Students Take On the Role of Grant Makers

Students enrolled in Philanthropy as Civic Engagement spend 10 weeks researching local nonprofits, visiting with charity executives, and discussing how to make the greatest impact through giving. After 10 weeks, they vote on how to award $80,000 to Los Angeles nonprofits.

Philanthropy Can Help Bridge the Gap Between the Idea of Disability Rights and the Reality

Philanthropy Can Help Bridge the Gap Between the Idea of Disability Rights and the Reality

The Americans With Disabilities Act became law 31 years ago, but it did not end discrimination against that population. Philanthropy has a special role to play in supporting the ongoing struggle and demonstrating in both word and action what inclusion looks like, says the head of the Doris Duke Charitable Foundation.

How Philanthropy Can Make the Quantum Leaps Society Is Counting On

Letting people close to the problems make decisions about where money should go and building trust are essential if we want to do more than make incremental changes.