90% of Wealthy Households Gave to Charity Last Year, Study Finds
Three-fourths of rich donors don’t expect the pandemic to significantly change their giving patterns going forward.
By dan.parks
Contributor
Joyce Foundation Commits $250 Million for Economic and Racial Equity in the Great Lakes Region
Also, Google and Comcast NBCUniversal have pledged millions in grants in honor of Asian American and Pacific Islander Heritage Month.
By M.J. Prest
Senior Editor, Solutions
Blinded by my class and race privilege, it never occurred to me to probe the organization’s salary structure more closely and provide the support its leaders needed to continue their important work.
By Lisa Ranghelli
Contributor
Increased AmeriCorps Funding Opens Door for More Philanthropic Investment in Service Opportunities
By combining philanthropic dollars with funds from AmeriCorps and state governments, philanthropy can play a pivotal role in boosting national service. To encourage grant makers to join in this work, the Schultz Family Foundation today is launching a $1 million challenge to match grants of $100,000 to $250,000 to AmeriCorps state service commissions that are working with philanthropy to expand national service.
By Tyra A. Mariani
Contributor
Philanthropy’s Failed Covid Test
While large sums have been given, the wealthiest are still richer than before the pandemic hit. And grant makers have been reluctant to say they will permanently lift restrictions on grants. What’s more, when it comes to vaccines, the world’s neediest are still waiting.
By Benjamin Soskis
Contributor
Microsoft CEO and Wife Give $15 Million to Children’s Hospital
Plus, the U.S. Holocaust Memorial Museum received $5 million from the children of Holocaust survivors, and four other nonprofits land big gifts.
By Maria Di Mento
Senior Editor
Grant makers are urging investment managers to vote for corporate board members and proposals that will put pressure on companies to do more to aid people of color.
By dan.parks
Contributor
Soros’s Open Society Returns More Focus to Fight Authoritarianism Around the Globe
The transition will lead to cuts in grant-making programs that focus on scholarship, migration, and the future of work. It will also involve elimination of 200 jobs at Open Society.
By Alex Daniels
Senior Editor, Foundations
Rockefeller Heirs Launch Campaign to Block Oil and Gas Development
After putting in $30 million of their own into the fund, the Rockefeller descendants want to raise $100 million to cut off the supply of fossil fuels by supporting legal challenges and protest activities.
By dan.parks
Contributor
An effort spearheaded by U.N. Women and the governments of Mexico and France calls on philanthropic, government, and business leaders to address the profound imbalance in funding for feminist organizations.
Heinz Endowments Commits $30 Million to Center for Shared Prosperity at Carnegie Mellon U.
Also, the Liberty Mutual Foundation gave $40 million to 450 nonprofit groups, and the Mastercard Impact Fund committed $10 million to help contain the current Covid-19 surge in India.
By M.J. Prest
Senior Editor, Solutions
Gates Divorce Raises Questions About the Future of Billions in Philanthropic Cash
The split between the billionaire co-founders of the world’s largest private foundation is sure to have very public consequences, with the breakup having already sent a wave of anxious uncertainty through the worlds of philanthropy and community health.
By Haleluya Hadero and Glenn Gamboa
Donors Race to Aid India During Covid Surge
The catastrophic wave of Covid-19 in India has prompted donors to send millions of dollars to the country, which Tuesday crossed the grim mark of more than 20 million cases of the killer disease.
By Alex Daniels
Contributor
If a foundation lacks an authentic awareness or commitment to diversity and inclusion, requiring higher asset distribution may exacerbate the very inequities advocates are working to reverse.
By Kyle Caldwell
Contributor
Grant Maker Bolsters Human Connection as a Way to Take on Polarization
The need for human connection drives a new strategy at the Einhorn Collaborative. Along with other foundations, it is creating a $100 million fund to support nonprofits that help people who are dug in on opposite sides of an issue see the humanity in their counterparts.
By Alex Daniels
Senior Editor, Foundations
A Foundation Fosters Deep Relationships to Boost Economic Resilience in Rural Kentucky
The Foundation for Appalachian Kentucky acts as a hub to catalyze economic development.
By NICOLE WALLACE
Features Editor