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, Solutions
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, Solutions
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, Solutions
How the 10 Biggest Foundations Changed in a Year of Covid — and What’s Next
A Chronicle review found that only a handful of the wealthiest grant makers are ready to commit to increases in grant distributions or providing continued flexibility.
By Alex Daniels and Michael Theis
5 Economic Indicators That (Mostly) Point to a Brighter Year for Nonprofits
It’s been a hard 12 months for nonprofits and much uncertainty still lies ahead, but expert say there many guideposts that can help determine what kind of fundraising performance to expect in 2021 and beyond.
By dan.parks
Contributor
Nearly 500 Foundation Leaders Unite to Push for More Support of Asian Americans
A letter circulated by Asian Americans/Pacific Islanders in Philanthropy noted a “perpetual outsider” status felt by its members. The group also released a study outlining the paucity of philanthropic support directed toward Asian American communities.
By Alex Daniels
Senior Editor, Foundations
Gates and Others Give to Malaria-Free Zambia Program
Also, the Hospital for Special Surgery is getting $35 million to expand, Howard University is receiving $10 million to prepare students for careers in finance, and the Ford Foundation awarded $4.5 million to amplify stories about communities that live along the U.S.-Mexico border.
By M.J. Prest
Senior Editor, Solutions
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, Solutions
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, Solutions
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, Solutions
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, Solutions
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, Solutions
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, Solutions
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, Solutions
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, Solutions
How to Navigate Corporate Giving in 2021
The pandemic has transformed vast swaths of the economy, and corporate philanthropy is no exception. Covid-19 and the need for remote work have caused many companies to reassess their philanthropic priorities. The way that businesses and charities work together is evolving, too.
By Kyle Mitnick
Contributor