Even in an Era of Trust-Based Philanthropy, Grantees Can’t Trust Funders
Wellspring’s recent announcement of winding down is the latest example of sudden donor pivots harming grantees and perpetuating power imbalances.
Why Billionaire Philanthropy Might Not Be as Generous as You Think
When donated wealth comes from big business, labor practices, impact on communities and environment, and tax practices may come under scrutiny.
By Tobias Jung
Contributor
Washington and Lee U. Goes Need-Blind Thanks to $132 Million Gift
Plus, Rochester businessman Phil Saunders gave the University of Rochester Medical Center $30 million to support orthopedics, nursing, and medical school faculty.
By Maria Di Mento
Senior Editor
Are Fundraisers to Blame for the Giving Crisis?
The fundraising powerbrokers at the Generosity Commission overlook their own role in alienating everyday donors.
By Jason Lewis
Contributor
Here’s What I.V.F. Patients Really Need: More Access and Fewer Lies
Politicalization of the procedure detracts from the urgent need for more funding and research.
By Georgeanna Jones Klingensmith
Contributor
Audacious Project Commits $60 Million to Repurpose Drugs for Rare Diseases
Also, Colorado State U. received $50 million to help build a new engineering facility, and the Stuart Foundation pledged $30 million to the California Thriving Youth Initiative.
By M.J. Prest
Senior Editor, Solutions
GoFundMe Bets Social Media Can Unlock Gen Z Giving. A Meta Partnership and New Tools Will Test That
New tools from the giving platform will make it easier to circulate causes across online platforms in a push to cater toward younger generations.
By sam-omar.hall
Copy Editor
Why Helping Small Businesses Succeed Should Be a Philanthropic Priority
To create an equitable economy, grant makers should address the financial and training hurdles that cause so many entrepreneurs to fail.
By Sandy Fernandez
Contributor
Bloomberg Philanthropies Launches Its Largest Mayors Challenge Ever to Inspire City Leaders Globally
It also announced the winner in this year’s challenge — a city in India that is giving farmers affordable access to cold storage, powered with solar panels.
By Glenn Gamboa
AP Business Writer
Country Music Doyenne Dolly Parton Gives $1 Million for Hurricane Relief
Plus, Cornell University landed $20 million to boost mental health services for students, and the Cincinnati Symphony Orchestra received $10 million to attract new audiences.
By Maria Di Mento
Senior Editor
As Calls to Cut Foreign Aid Mount, Philanthropy Must Accelerate Support for Grassroots Groups
With USAID funding under threat in Congress, grant makers should ensure local nonprofits across the globe can continue their critical work.
By Kathleen Enright
Contributor
Bookbinding: Can Reading Groups Help Close America’s Divides?
Community foundations test the idea, asking supporters to host gatherings to discuss books exploring how the country can come together. Plus, tips to build your organization’s own book circle.
By Rasheeda Childress
Senior Editor, Fundraising
Charles E. Lakin Foundation Gives $165 Million for Community Revitalization in Western Iowa
Plus, the Barr Foundation awarded $34.5 million to 92 community-based organizations across Massachusetts, and the Duke Endowment committed $15 million for Hurricane Helene relief.
By M.J. Prest
Senior Editor, Solutions
Diversity Up, Turnover Down, Wage Growth Normal at U.S. Foundations
A Council on Foundations survey finds greater racial diversity at the nation’s grant makers as well as a higher proportion of women in charge.
By Alex Daniels
Senior Editor, Foundations
Northern Illinois University Lands $40 Million From Bausterts
Plus, a military history museum lands $30 million and a collection of historic aircraft, Mayo Clinic receives $25 million, and MacKenzie Scott gives Nonprofit Finance Fund a second 8-figure gift.
By Maria Di Mento
Senior Editor
Why Does Philanthropy Keep Overlooking Disability Funding?
Foundation pledges to support disability-focused work haven’t led to significantly more investments. During National Disability Employment Awareness Month, let’s right that wrong.
By Richie Siegel
Contributor