Kresge and Hewlett Pour Another $45 Million Into Racial Equity
These latest grant announcements add to the multi-billion response from philanthropy that has materialized since the killing of George Floyd by Minneapolis police in May.
By Alex Daniels
Senior Editor, Foundations
Charles Koch’s Book Urges ‘Bottom-Up’ Approach to Philanthropy
The billionaire libertarian says what many progressive activists have long been saying — trust the people who have first-hand experience with a problem to come up with solutions.
By Alex Daniels
Senior Editor, Foundations
New Campaigns Seek to Generate More Than $1 Billion for Women and Girls
Three new efforts arrive less than six months after the pre-eminent grant maker in the field announced it would shutter two anti-violence and civil-rights programs.
By Alex Daniels
Senior Editor, Foundations
Donors Step Up Giving to Influence 2020 Voting
Donors are pouring money into efforts they say are designed to fix the democratic process. Critics see a thinly disguised effort to use philanthropy to defeat Donald Trump and his policies.
By Alex Daniels
Senior Editor, Foundations
Wealthy Donors’ ‘One for Democracy’ Effort Looks to Raise $100 Million to Protect the Vote
A group of 70 philanthropists who pledged to put 1 percent of their wealth toward efforts improve the democratic process says it has already collected $38 million in commitments for its new democracy effort.
By Alex Daniels
Senior Editor, Foundations
Rockefeller-Led Covid Testing Plan Steps In to Replace Government Inaction
In the absence of clear federal guidance the grant maker, along with other partners, is leading the way on multiple fronts in the effort to include Covid testing and tracing.
By Alex Daniels
Senior Editor, Foundations
Grant Manager Salaries Make Small Gains; Wide Gender Gap Persists
The median pay for a grant manager was $76,000, according to a survey conducted in late by 2019 PEAK Grantmaking, an increase over $70,000 the group reported in 2016.
By Alex Daniels
Senior Editor, Foundations
Huge Sums of Money Are Flowing to Racial Justice. Are They Going to the Right Places?
Racial-justice advocates worry the money will go to superficial efforts or will overlook the small, Black-led grassroots groups that will be crucial for creating systemic change.
By Alex Daniels
Senior Editor, Foundations
Foundations Establish $5 Million Covid-19 Response Fund to Focus on the Global Economy
The Ford, Open Society, and other foundations have pooled $5 million in a fund that seeks to quickly help people harmed by the coronavirus pandemic and work toward long-term changes to a global economic system they view as broken.
By Alex Daniels
Senior Editor, Foundations
Momentum Fund Seeks to Help Nonprofits Overwhelmed by Relief Contributions
Nearly 700 groups have applied for an $8.5 million pool of grant money to help administer coronavirus rapid-response funds equitably.
By Alex Daniels
Senior Editor, Foundations