Can Local News Heal a Divided Country? 22 Foundations Are Betting $500 Million It Can Help
Press Forward aims to repopulate and diversify newsrooms and advocate for policies like making subscriptions tax deductible.
By Alex Daniels
Senior Editor, Foundations
Southern Methodist U. Gets $30 Million for Data Science and Engineering
Also, the Open Society Foundations is giving $107 million to establish the Roma Foundation for Europe, and Unicef received $10 million from the Church of Jesus Christ of Latter-day Saints to strengthen maternal and infant health care in the Central African Republic, Haiti, Mali, and Mozambique.
By M.J. Prest
Senior Editor, Solutions
Open Society Foundations Pledges $107 Million to Start New Roma Foundation
The new organization will be independent of OSF and will focus on preparing Roma workers with skills to help them find jobs in the digital economy and as part of the anticipated green transition.
By Thalia Beaty
Associated Press
Bezos Earth Fund Grant Gets Climate Change on Local Weather Forecasts
It once took months to understand the impact of human-caused climate change on extreme weather, but now scientists can determine that on a daily basis. Now TV meteorologists can relay that information to viewers.
By Jim Rendon
Executive Editor
Why All of Us Need to Give to Nonprofit News Outlets
If less than half a percent of all private contributions went to journalism nonprofits, we could replace the loss of local newsrooms and strengthen democracy.
By Brian Eule
Contributor
More Than Half of Black-Serving Groups Would Shut Down if They Lost Key Donors
Most operate on razor-thin margins and need more philanthropic support for training in fundraising, leadership, and financial management, a new survey has found.
By Rasheeda Childress
Senior Editor, Fundraising
George Soros’s Open Society Foundations Intend to Cut Programs in Europe, Worrying Grantees
The strategic change coincides with Alex Soros, George’s son, announcing a shift to a new operating model the board adopted at the end of June, its first major move since he took over as head of the Board of Directors in December.
By Thalia Beaty
Associated Press
These Lottery Winners Put Millions to Philanthropy. Now Their Foundation Is Closing.
Lessons from a family’s decades-long giving focused on Latinx arts and culture, education, and diversity on nonprofit boards.
By Maria Di Mento
Senior Editor
Hawaii Community Foundation’s Maui Strong Fund Receives Nearly $60 Million in Donations
Also, the Gray Foundation has awarded $25 million for breast-cancer research at five hospitals and universities, and the Toyota USA Foundation has committed up to $23.5 million for STEM programs at schools in Alabama, Indiana, and Kentucky.
By M.J. Prest
Senior Editor, Solutions
The Diversity Issue on College Campuses This Fall That May Surprise You
At universities nationwide, women greatly outnumber men, with huge ramifications for the economy and society. Philanthropy can help correct the imbalance.
By Rick Dalton, Jon Reidel and Bob Seaberg
DonorsChoose Sees Banner Donation Year With Help From Gates Foundation and Millions of Small Gifts
The nonprofit, which collects contributions to help teachers buy classroom supplies, is seeing a lot of engagement from donors at a time when overall giving is down, especially among young people.
By Glenn Gamboa
AP Business Writer
How a Donor’s Embrace of a Neglected Idea Allowed This Nonprofit to Thrive
In an unusual move, the Ford Foundation helped a grantee build an investment portfolio. Two results: better fundraising and a $20 million MacKenzie Scott donation.
By Monica Aleman and Ndana Bofu-Tawamba
Foundation Giving May Rise Slightly in 2023 as Assets Overcome Recent Slump
Grant makers’ assets are estimated to have increased almost 8 percent during the first half of 2023 as global stock markets recovered from a tough 2022, according to a new report.
By Yesica Balderrama
Contributor
Philanthropy Must Stop Ignoring the World’s Hardest Hit Climate Victims
Donors who are serious about addressing the climate crisis need to pay attention to places like Kenya’s Kakuma Refugee Camp and other nearly invisible communities across the globe.
By Tamar Kosky Lazarus
Contributor
Arkansas Children’s Northwest Receives $25 Million for Endowment and Expansion
Also, the T. Boone Pickens Foundation has given $20 million to Johns Hopkins Medicine’s Wilmer Eye Institute, and the NBA Foundation awarded $13.5 million to 40 organizations to advance equity in historically marginalized communities.
By M.J. Prest
Senior Editor, Solutions
A Nonprofit’s Expensive Road to Inexpensive Birth Control
Medicines360 developed a low-cost hormonal IUD but encountered challenges from the tax code, FDA regulations, and Medicare and Medicaid programs. It also spent $82 million.
By Sono Motoyama
Contributor