Trump’s Tax Cuts Led to a $20 Billion Reduction in Charitable Giving Within a Year
Giving usually increases from year to year — especially when the economy is doing well.
By Daniel Hungerman
Contributor
Giving Away a Fortune: What Could Warren Buffett’s Adult Children Support?
When Howard, Susie, and Peter Buffett have spoken publicly about their giving, they’ve talked about taking risks to confront hard problems or fund ventures others might not.
By Thalia Beaty and Josh Funk
Associated Press
The Next Generation of Buffetts Is Poised to Become One of the Biggest Forces in Philanthropy
Warren Buffett’s fortune, now valued at $144 billion, will go to a charitable trust managed by his three children when he dies, and the money must be given away within 10 years.
By Thalia Beaty and Josh Funk
Associated Press
The settlement of a case that would have tested whether charities can make grants based on race — and perhaps put the decision before the Supreme Court — has left the issue in a legal gray zone.
By Alex Daniels
Senior Editor, Foundations
Chicago’s Art Institute Lands $75 Million for Expansion
Plus, two brothers gave $75 million to UW-Madison for a new engineering building, the Mayo Clinic landed $50 million to expand cancer care to more underserved patients, Mackenzie Scott gave $40 million, and the Juilliard School received $20 million.
By Maria Di Mento
Senior Editor
Climate and Clean Energy Equity Fund Will Install Next CEO in January
Also, the Dennis and Phyllis Washington Foundation has tapped its first new leader in 22 years, and Glenn Lowry plans to step down after 30 years as director of the Museum of Modern Art.
By M.J. Prest
Senior Editor, Solutions
‘Giving Done Right’ Podcast Returns
The Center for Effective Philanthropy podcast’s new season will cover climate change, artificial intelligence, investing in nonprofit leadership, and more.
These 17 Nonprofit Leaders Want to Change How You Vote
Organizers, funders, lawyers, scholars, writers, and celebrities (Jennifer Lawrence!) aim to reboot our election system. Also, coming soon from the Chronicle: the people who want to build trust in elections.
By Drew Lindsay
Contributor
How a $50 Million Philanthropic Investment Is Bolstering Coalitions of Care Workers, Advocates
Longtime advocates for care workers and families say there’s momentum for their cause, thanks to decades of grassroots organizing, a pandemic that brought the care crisis to everyone’s doorstep, and an infusion of philanthropic support.
By Eden Stiffman
Senior Editor
Fearless Fund Drops Grant Program for Black Women Business Owners in Lawsuit Settlement
The case has been closely watched as a bellwether in the growing legal battle waged by conservative groups against corporate diversity programs.
By Alexandra Olson
Associated Press