Peloton Makes First Grants From $100 Million Commitment for Racial Equity and Well-Being
Also, Wayfair has given $20 million to LISC for its Black Economic Development Fund, and the Andrew W. Mellon Foundation gave $1.4 million to Michigan State U. for its Enslaved.org database to document the genealogy of families during the historical slave trade.
By M.J. Prest
Senior Editor, Advice
Dozens of Philanthropy Leaders Join Statement Protesting Voting Law Changes
A high-profile part of the protest is a two-page ad with the headline “We Stand for Democracy,” published today in several prominent newspapers.
MacArthur Selects Winner of 100&Change Contest
Also, the California Endowment is giving $100 million to Asian American groups; the Rockefeller Foundation committed $20 million for its Equity-First Vaccination Initiative, and Intel is giving $20 million toward the global recovery from the Covid-19 pandemic.
By M.J. Prest
Senior Editor, Advice
Businesses and Philanthropy Unite to Fight Racial Wealth Gap
The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in the new effort, called NinetyToZero, so named for the roughly 90 percent wealth gap between white and Black Americans.
By Glenn Gamboa
Contributor
Raytheon Technologies, Open Society Foundations Each Commit $500 Million Grants for Education
Also, the John Deere Foundation has pledged $200 million in grants to nonprofit groups over the next 10 years, and the Lennar Foundation gave $50 million to establish a new cancer center at City of Hope Orange County.
By M.J. Prest
Senior Editor, Advice
Asian American Business Leaders Pledge $10 Million to Fight Hate
The founders of Peloton, Stitch Fix, YouTube, and Zoom are among the more than 3,400 Asian American business leaders and their supporters who have pledged to fund nonprofits that serve Asian Americans and Pacific Islanders.
By Emily Haynes
Senior Editor, Nonprofit Intelligence
2 Commitments of $100 Million Address Racial Wealth Gaps and Accelerate Covid Research
Plus, see below for more about the gift to address the wealth gap. Also, the Conrad Prebys Foundation awards $78 million in its first round of grant making.
By M.J. Prest
Senior Editor, Advice
Goldman Sachs Commits $100 Million for One Million Black Women Program
Also, the J.P. Fletcher Foundation has given $25.5 million to Boston Children’s Hospital for a neuroscience center, and Google.org has pledged $25 million to its new Impact Challenge for Women and Girls.
By M.J. Prest
Senior Editor, Advice
FedEx Awards $100 Million to Create an Institute at Yale to Reduce Carbon in the Atmosphere
Also, Bloomberg Philanthropies has given $25 million to endow a fellowship program at New York University’s Robert F. Wagner School of Public Service, and the Citi Foundation will make $25 million in grants to charities that work directly with small businesses owned by people of color.
By M.J. Prest
Senior Editor, Advice
Google.org Will Award $25 Million for Innovative Ideas That Empower Women
The winners of the Impact Challenge for Women and Girls, which will be announced in the fall, will each receive between $300,000 and $2 million.
By Alex Daniels
Senior Reporter
Dallas Mavericks Basketball Team Awards Emergency Grants for Winter Storm Relief in Tex.
Also, the Mother Cabrini Health Foundation gave $115 million to 400 charities across New York State, and Goldman Sachs awarded $25 million to teach job skills in finance to students at eight historically Black colleges and universities.
By M.J. Prest
Senior Editor, Advice
Blackstone Promises $40 Million to Entrepreneurship Program for Students of Color
Also, the MacArthur Foundation has awarded $18 million to reduce over-incarceration in 15 U.S. cities and counties, and the Harold Grinspoon Foundation is giving $11 million in matching grants to re-open Jewish summer camps.
By M.J. Prest
Senior Editor, Advice
Google Awards $50 Million for Public-Health Campaigns About Covid-19 Vaccines
Also, the Andrew W. Mellon Foundation gave $15 million to the Library of Congress for a new program to connect with ethnic and racial minority communities, and Walmart has made its first round of grants through its Center for Racial Equity.
By M.J. Prest
Senior Editor, Advice
Airbnb.org Grants $2 Million to Help Refugees Following Repeal of Muslim Travel Ban
Also, the Community Foundation for Greater New Haven has committed $26 million to address the challenges of Covid-19 and racial inequality in Connecticut, and the McKnight Foundation gave $6.5 million through its Midwest Climate and Energy program.
By M.J. Prest
Senior Editor, Advice
Starbucks Pours $100 Million Into Community Resilience Fund
Also, the Andrew W. Mellon Foundation gave $72 million to 16 grantees through its Just Futures Initiative, and Netflix granted $25 million to address systemic racism in real-estate development and ownership.
By M.J. Prest
Senior Editor, Advice
Amazon Commits $125 Million to Housing Equity Fund
Also, Morgan Stanley gave $100 million to the National Equity Fund to help low-income renters in Atlanta, and First Premier Bank has granted $50 million to endow need-based scholarships for students at universities in South Dakota.
By M.J. Prest
Senior Editor, Advice