The 24-hour event, broadcast on six continents, generated pledges from foundations, vaccine pledges from numerous countries, and a commitment from the U.S. government for humanitarian needs caused by the pandemic.
John and Tashia Morgridge Pledge $125 Million to Their Alma Mater
Plus, five universities and St. Jude Children’s Hospital received large gifts.
How a Family Foundation Leader Builds Trust With Grantees
In an interview, Julie Aleman, philanthropist and executive director of the Younger Family Fund, talks about the insights she’s gained from working on both fundraising and grant making and how families can foster a culture of generosity that carries through to the next generation.
Chicago Couple Give Northwestern U. $480 Million Gift
The donation from Patrick and Shirley Ryan will support education and research programs in applied microeconomics, business, digital medicine, neuroscience, and global health.
$123 Million in Surprise, Unsolicited Grants Go to 71 Ariz. Charities
Also, GM has pledged $50 million to strengthen economic development in Detroit, and the Novo Nordisk Foundation has committed $47.5 million to MIT and Harvard to analyze genetic data for links to common diseases.
Walmart Heir Pledges $100 Million for Conservation of African Parks
Plus, Special Olympics, the Miami Foundation, five universities, and others all received big gifts.
MacKenzie Scott Dominates Donations to Racial Equity After George Floyd’s Death
Scott was responsible for $567 million distributed to the top recipients of racial-equity donations in 27 states.
Watch the Debate: How Senate Bill to Speed Up Giving Would Work
The nonprofit world is divided over a plan to change tax rules for foundations and contributors to donor-advised funds.
3 Key Findings in a Study of Donors to Racial-Justice Causes
People of color made up a big share of donors who gave money after the police murders of Black Americans, hate crimes against Asian Americans, and other bias crimes.
How to Hang On to Fundraisers in a Hot Job Market
Leaders should initiate frequent and frank conversations with employees to stay on top of their concerns, make sure DEI efforts are genuine, and provide clarity on any shifts to a group’s mission.
Bezos Earth Fund Awards $73.7 Million, Pledges Additional $130 Million by Year End
Also, Edward Jones has committed $150 million to charities in the United States and Canada, and Open Philanthropy gave $42 million to Georgetown University’s Center for Security and Emerging Technology.
Billionaire Banker Denny Sanford Pledges $350 Million to Sanford Health
Plus, five universities, a journalism nonprofit, and a Jewish temple land gifts ranging from $5 million to $50 million.
9/11 Ignited the Era of Online Giving — and Permanently Changed Fundraising
Immediately after the terrorist attacks, tech companies helped galvanize a massive increase in online donations from people desperate to help. Twenty years later, nonprofits are still struggling with the promise and pitfalls of online fundraising.
Facebook Awards $38 Million for Affordable Housing and Homelessness in Silicon Valley
Also, Apple adds $30 million to expand its Racial Equity and Justice Initiative, and Home Depot and the Arthur M. Blank Foundation have together pledged $2 million for Hurricane Ida relief.
A Big Example of Direct Giving
A Minneapolis couple try to give away all of their considerable income each year. Most contributions go to nonprofits, but for the past decade, they’ve increased their giving to individuals. Here’s why.
Many Attractive Elements of Direct Giving Also Have Downsides
The potential for scams, the challenges to scale effectively, and the potential to amplify existing inequities are just a few of the drawbacks of direct giving through crowdfunding campaigns, payment apps, and other technologies.