An Immigrant and Google.org Official Finds a Home in Giving Circles
Hector Mujica’s parents were not wealthy, but their generosity set the tone for his philanthropy.
A Neurobiologist Finds More Satisfaction in Disruptive Giving
Looking for more people-centered work, Rebecca Balter found her calling in supporting organizing in the South and environmental-justice efforts.
Entrepreneur Gave $50 Million to His Alma Mater. Now He’s Looking to Broaden His Giving
Austin McChord started Datto, a data backup and security company, when he was a student at the Rochester Institute of Technology. Its success has fueled his philanthropy. Plus: See the rest of our <a href="https://staging.philanthropy.com/package/the-future-is-now">special report</a> on young donors challenging what it means to be a philanthropist.
Global Bank Executive Moonlights as Owner of a Social-Enterprise Restaurant
April Tam Smith’s restaurant in New York’s Hell’s Kitchen gives people jobs with dignity, and the proceeds go toward several charities, including one that starts schools in war-torn Congo.
Business-School CEO Switches Gears to Head Her Family’s Foundation
Robin Bruce, daughter of home builder David Weekley, has expanded the staff and taken grant making in a new direction.
An Organizer and First in Her Family to Inherit Wealth Becomes an Environmental Activist
Jessie Bluedorn saw firsthand how an innovative small-scale approach to environmental justice could alter lives. That has inspired her grant making. <b>Plus:</b> See the rest of our special report on <a href="https://staging.philanthropy.com/package/the-future-is-now">young donors</a>.
Effective Altruism and Sam Bankman-Fried Share a Fundamental Flaw — They Both Ignore Human Nature
The FTX head’s indifference to individual investors is also reflected in his embrace of effective altruism — a problematic strategy that seeks to repress factors such as personal connection and sympathy when making giving decisions.
Late Financier Karin Larson Leaves $32.5 Million for Continuing Studies Program
Plus, Hunt Companies chairman Woody Hunt gives $25 million for the study of trade and commerce between the United States and Mexico.
Billionaire Leonard Lauder Gives $52 Million for Nurse-Practitioner Program
Plus, McKenzie Scott gave $15 million to support Lutheran Immigration and Refugee Service, and three universities and the MD Anderson Cancer Center all landed big gifts.
Good News for Local News as More Nonprofit Outlets Show What’s Possible
Local journalism is coming back to life in many communities thanks to increased giving from foundations and individual donors. But the success of these nonprofit newsrooms is far from guaranteed and will depend on continuing philanthropic support.
Worry that the gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle the money were largely unfounded. Plus: MacKenzie Scott’s Giving Total Is Now Over $13 Billion
MacKenzie Scott’s Giving Total Is Now Over $13 Billion
Scott released names of more than 1,200 charities that she supported with big gifts over the past seven months.
Retired Blackstone Partner and Wife Give $25 Million for Early-Childhood Health
Plus, a former vice chairman of the Federal Reserve supports a D.C. neighborhood museum. Also, two universities, the National Gallery of Art, and a health-care system in Utah all land big gifts.
To Tackle the Climate Crisis, Philanthropy Needs to Get Religion
Religious groups are taking a leading role in fighting climate change but have gone largely unnoticed by grant makers. As the U.N Climate Conference gets underway this week, now is a good time for donors to recognize the power of religious institutions to mobilize communities to protect the planet.
Plus, Salvation Army of San Diego landed $35 million to expand programs serving people struggling with homelessness, and five other donors gave big gifts to support democracy programs, climate resilience, and medical care.
Anonymous Donor Pledges $500 Million Matching Gift to Small Kansas College
The donor will contribute $2 for every dollar given or pledged to McPherson College by other people through June 30.