Foundations and Big Donors Gave at Least $5 Billion Worldwide to Curb Climate Change
The ClimateWorks Foundation says that the funding total has nearly doubled since 2015, but it’s still less than 2 percent of all giving worldwide.
New Report Shows Spike in Will Creation and Charitable Bequests During Covid-19
The coronavirus pandemic is driving a major increase in the number of Americans who create wills and the number who leave a bequest, according to a new report from FreeWill, a company that provides free online estate-planning tools.
Citi Foundation Will Spend Another $100 Million on Jobs Program (Grants Roundup)
Also, 3M commits $50 million to advance racial equity in Minnesota and beyond, and the Andrew W. Mellon Foundation distributed $24 million in emergency grants to 12 midsize arts museums.
60% of Foundations Expect to Give More Because of the Covid and Economic Crises
The average increase in giving this year is 17 percent, according to a new report, and the vast majority of grant makers are loosening restrictions for grantees.
What Now? The Philanthropic Future Our Democracy Needs
This year of crisis has forced us to take a hard look at the rules and assumptions that shape philanthropy. In the process we’ve learned a lot about ourselves and where we need to go next.
Broadcom CEO Hock Tan and Wife, Lisa Yang, Give MIT $27 Million (Gifts Roundup)
Plus, Baltimore Museum of Art, two hospitals and two universities landed big gifts.
Foundations Should Give Employees Paid Time Off on Election Day
We need to back up philanthropic efforts to support democracy and ensure a fair election by making certain our own staffs and our grantees can fully exercise their rights as citizens on November 3, say Ellen Dorsey and Darren Walker.
Foundations Pool $36 Million for Black-Led Organizing Groups
Democracy Frontlines Fund, a group of grant makers led by the Libra Foundation, is pushing for more support for smaller grassroots organizations working to help improve the lives and build the political power of Black people.
Philanthropy’s Long, Complicated Involvement in Immigration
Today’s debates over immigration policy reflect longstanding — but necessary — differences within philanthropy about how best to support newcomers to our nation.
Hispanics in Philanthropy Wins $3 Million From Google.org to Boost Small Businesses
The grant-making group hopes to raise $60 million over five years to help Latino-owned businesses thrive.
Hispanics in Philanthropy Wins $3 Million From Google.org to Boost Small Businesses
The grant-making group hopes to raise $60 million over five years to help Latino-owned businesses thrive.
Bank of America Awards $50 Million for Racial Equity in Economic Opportunity (Grants Roundup)
Also, the Alfred Landecker Foundation has given $13 million to the Hebrew University of Jerusalem for academic studies of the Holocaust, and the Fidelity Charitable Trustees’ Initiative awarded $12.7 million to help organizations serving nonprofits and donors navigate the pandemic and other challenges.
How to Make Giving for Racial Justice Count
Investing in strengthening Black-led groups and focusing on justice as much as equity is critical, says Nat Chioke Williams, head of the Hill-Snowdon Foundation.
How to Make Giving for Racial Justice Count
Investing in strengthening Black-led groups and focusing on justice as much as equity is critical, says Nat Chioke Williams, head of the Hill-Snowdon Foundation.
Digital Dependence Has Obliterated the Notion of Nonprofit Independence
Nonprofits and foundations need to embrace alternative technologies, organizations, and public policies that reduce the reliance on big tech and allow for safe use of digital tools.
Battling the Symptoms of Injustice, Not the Disease (Letter to the Editor)
The CEO of the Edward W. Hazen Foundation says urging foundations to support programs that ameliorate injustice instead of attacking the causes will never achieve a truly just society.