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Glenn Gamboa

Associated Press

Glenn Gamboa covers philanthropy for the Associated Press and is part of a partnership that the Chronicle has forged with the news service to expand coverage of the nonprofit world. He was previously the managing editor of the impact-investing site Karma and a senior staff writer at Newsday.

Businesses and Philanthropy Unite to Fight Racial Wealth Gap

The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in the new effort, called NinetyToZero, so named for the roughly 90 percent wealth gap between white and Black Americans.

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Nonprofit Helps People With Differing Views Find Common Ground

The founder of StoryCorps likes a healthy debate but worries when people on different sides of the political divide show contempt for each other.

Fidelity Charitable Donors Channeled $9.1 Billion to Charities Amid the Pandemic

That is a surge of 24 percent and comes as the biggest donor-advised fund sponsor received more than $14 billion in 2020. Still, charities say they are struggling to meet needs and have made many job cuts.

Foundations Focus Their Attentions on Saving Democracy

Many of the major U.S. nonprofits and philanthropies that provided funding to help safeguard the 2020 elections plan to keep the money flowing, reports Glenn Gamboa, an Associated Press reporter who is part of a new Chronicle-AP partnership.