Phil and Penny Knight Pour Another $500 Million into Advanced Science Center at the U. of Oregon
Billionaire Nike co-founder Phil Knight and his wife, Penny, previously gave $500 million to the center, which seeks to speed up research to improve people’s lives.
Critics Worry Supreme Court Ruling on Donor Disclosure Will Make Charity Fraud Easier
The Supreme Court on Thursday voted 6 to 3 to overturn a California donor-disclosure law that critics said was a needless intrusion on donor privacy and would hurt giving.
Foundations and Wealthy Donors Urged to Advance Racial Justice by Giving to Grant-Making Charities
These funds have close relationships with grassroots groups, can get the money to them quickly, and sometimes give over a longer time horizon than large foundations do.
Ford Foundation Will Spend $420 Million Over 5 Years to Advance Gender Equality
Darren Walker, Ford’s CEO, said in an interview that philanthropy tends to focus on charity instead of investing in efforts to overhaul systems that hold women back.
Gates Foundation Pours $2.1 Billion Into Women’s Causes
The money will go toward women’s economic empowerment; family planning and health; and expanding women’s access to leadership positions.
Plus, the Helmsley Charitable Trust is giving $20 million to improve water, sanitation, and hygiene systems for rural residents of Alaska.
They drove ambulances, administered oxygen, and kept the health-care system running when the coronavirus struck, but many of these workers struggle to advance in their careers without assistance. Grant makers interested in work-force development can help.
Professor Gives Tufts $10 Million for Entrepreneurship
Plus, brother and sister tech investors, Shervin Pishevar and Sarah Pishevar Haynes, gave Howard University $3 million to honor their father, Abraham Pishevar.
To understand why it’s important to support healing-focused approaches to structural racism, philanthropy should take time to learn the horrible history of government-sanctioned boarding schools designed to obliterate Indigenous cultures.
A Challenge to Philanthropy: Find a New Way to Talk About Care Giving
Nonprofits and foundations are rallying to help educators, health workers, and others who support the young, the old, and people with disabilities. But policy changes will come up short unless we stop using a phrase that suggests caring is a natural skill, not a career choice.
Airbnb Commits $100 Million for Community Development Worldwide
Also, three investment firms have pledged $90 million to train students at historically Black colleges and universities for careers in cryptocurrency and other alternative investments.
Warren Buffett Resigns as Trustee of the Gates Foundation
At age 90, Warren Buffett, chairman and chief executive of Berkshire Hathaway, has resigned as a trustee from the Bill and Melinda Gates Foundation. He says has he has no plans to step down from his role at Berkshire.
Battles about the New York Times 1619 Project and other efforts to focus on systemic racism are now the hottest thing in the culture war. But foundations have been slow so far to recognize the threat.
Billions Flood Into Blue Meridian as It Seeks to Help Innovative Nonprofits
The group is aggregating huge amounts of cash to give patient, no-strings-attached capital — as well as coaching and guidance — to organizations that have developed promising ways to solve social problems.
Liberty Media Chairman John Malone Gives $25 Million to Medical Center
Plus, a community college in Long Beach, Calif., landed $30 million from the billionaire MacKenzie Scott, and her former in-laws, Jacklyn and Miguel Bezos, gave $12 million to a private school for financial aid.
How Much Can We Really Learn About Philanthropy From ‘Giving USA’ and Other Data Sources?
We have more knowledge about philanthropy than ever before, but we need to be wary of the limitations of that knowledge and the objectivity behind the data.