The 50-year movement to legalize cannabis was funded by a handful of very rich and ideologically diverse philanthropists, including Hugh Hefner, George Soros, and Sean Parker.
By Marc Gunther
Contributor
Three Children’s Hospitals Land Gifts Totaling More Than $155 Million
Plus, Drake and Hofstra universities also landed huge sums, along with Jupiter Medical Center Foundation.
By Maria Di Mento
Senior Editor
Coca-Cola Foundation Promotes New President From Within
Also, the Smithsonian Institution has named a new inspector general, and the American Academy of Arts & Sciences has chosen the president of Middlebury College as its next leader.
By M.J. Prest
Senior Editor, Solutions
‘Start With Culture Change’: The Work Boards Must Do Before Launching Diversity Efforts
Nonprofit leaders, trustees, and consultants discuss what can go wrong when organizations focus on board diversity without first creating an inclusive board culture.
By Emily Haynes
Senior Editor
Men Behind the Doomsday Seed Vault in the Arctic Win World Food Prize
The awardees said they hope the prize will enable them to push for hundreds of millions of dollars in additional funding for seed bank endowments.
By Scott McFetridge
Associated Press
New Builders Initiative Looks to Fight Polarization by Encouraging Collaboration and Alliances
Among the coalition members: entrepreneur Daniel Lubetzky, actor Liev Schreiber, journalist Katie Couric, and Lonnie Ali, director of the Muhammad Ali Center,.
By Glenn Gamboa
AP Business Writer
Kataly Foundation and Bank of America Commit $84 Million for Community-Development Fund
Also, Robin Hood gave $35 million to almost 100 nonprofit groups to increase financial stability for low-income residents of New York City, and $22 million will launch the GE Aerospace Foundation, which will develop a pipeline of engineers from a variety of backgrounds.
By M.J. Prest
Senior Editor, Solutions
Marc Benioff Lunch Auction Raises $1.5M for Charity. Not Bad for First Year Without Warren Buffett
This is the first year that a meal with Benioff, Salesforce’s chairman and CEO, was the prize of the auction, which benefits the Glide Foundation in San Francisco.
By Josh Funk
AP Business Writer
While she is widely expected to devote billions to women’s causes, she has been undertaking other efforts that could be just as consequential for philanthropy.
By Alex Daniels and Stephanie Beasley
Melinda French Gates Resigns as Gates Foundation Co-Chair, 3 Years After Her Divorce From Bill Gates
She will receive $12.5 billion as part of her agreement with Gates, which she said would commit to future work focused on women and families.
By Thalia Beaty
Associated Press