Hewlett Commits $50 Million to New Effort to Rethink How Capitalism Should Work
The William and Flora Hewlett Foundation said today it will spend $50 million over the next five years to help generate a new way of thinking about capitalism and the economy.
By Alex Daniels
Senior Editor, Foundations
Asian American Nonprofits Hope to See More Anti-Racism Money Directed Their Way
As philanthropy has boosted funding to address the nation’s legacy of anti-Black racism, advocates for Asian Americans hope the recent interest in social justice broadens to include their communities, which have also been the victims of hate.
By Alex Daniels
Senior Editor, Foundations
Plan to Boost Donor Payout Faces Long Odds in Congress, but Some Advocates Say the Timing Is Right
A plan to rewrite federal rules governing how quickly money from foundation endowments and donor-advised funds must be given out to charity faces long odds in a new Congress that will be busy dealing with a lengthy list of other pressing issues, according to some nonprofit leaders.
By Alex Daniels
Senior Editor, Foundations
Grant Makers Urged to Stay Focused on Climate Change in Biden Administration
After four years playing defense, leaders fighting climate change have a friend in the White House. That’s no reason for foundations to dial back their efforts on the issue, advocates say.
By Alex Daniels
Senior Editor, Foundations
Powerhouse Coalition of Wealthy Donors and Big Foundations Urges Congress to Spur More Giving
Wealthy philanthropists, an academic, the heads of the Ford, Kellogg, and Kresge foundations, and multiple others are asking to change the rules on charitable giving to force more dollars out the door quickly.
By dan.parks and Alex Daniels
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