Grant Making Groups Stand Firm in Defense of Race-Based Philanthropy
The Council on Foundations and Independent Sector have filed an amicus brief supporting the Fearless Fund Foundation, which is defending a lawsuit that tests whether the SCOTUS decision barring affirmative action in college admissions can be applied to grant making.
By Alex Daniels
Senior Editor, Foundations
The $10 Billion Charity No One Has Heard Of
The SDG Impact Fund is a donor-advised fund that grew from $238 million to $10 billion in one year. It has prompted some questions from experts.
By Alex Daniels
Senior Editor, Foundations
Proposed IRS Regulations of Donor-Advised Funds Fall Short, Critics Say
The Treasury Department on Tuesday issued proposed rules regulating donor-advised funds that sidestep many of the heated debates over the fast-growing form of charitable giving.
By Alex Daniels
Senior Editor, Foundations
Extra! Knight Taps News Veteran to Lead Its Plan to Revitalize Local News
The John S. and James L. Knight Foundation has named Maribel Perez Wadsworth its next president, making the Cuban-American news veteran the foundation’s first woman leader.
By Alex Daniels
Senior Editor, Foundations
How Much Good Can $100 Million Do? Sesame Street and IRC Put a Big Bet to the Test
Six years into a collaboration designed for Syrian refugee children, the hope is that the adapted TV show will validate early-childhood development as a key to any humanitarian emergency response.
By Alex Daniels
Senior Editor, Foundations
For Grant Makers With Programs in Israel, the Attacks Are ‘Deeply Personal’
Reeling from the news of the war atrocities in Israel, philanthropies with close ties to the country pledged to help with immediate needs, trauma response, and more.
By Alex Daniels
Senior Editor, Foundations
Nonprofits and the Trust Problem: New Signs of Worry for the Field
Nonprofits remain trusted by a majority of Americans — but that trust is eroding, according to a new study.
By Alex Daniels
Senior Editor, Foundations
Statues of Confederate Generals Have Come Down. What Should Take Their Place?
The Mellon Foundation has launched a $250 million nationwide effort to rethink public art and memorials. Debates over it are just starting.
By Alex Daniels
Senior Editor, Foundations
Can a Grant-Making Competition Stop Rich Donors From Getting Cold Feet?
In 2019, Lever for Change spun off from the MacArthur Foundation as a separate organization with an eye-popping goal: to drive $1 billion in philanthropic funding over four years to promising nonprofits.
By Alex Daniels
Senior Editor, Foundations
The House GOP Wants to Probe Nonprofits. Both Left and Right Have Pushed Back
The Ways and Means Committee is looking into whether the nonprofit tax code is rife with abuse, allowing nonprofits to be key players in political races, rather than serving charitable causes.
By Alex Daniels
Senior Editor, Foundations