More Than Two-Thirds of Foundations Don’t Make Endowment Grants
Endowments are a key tool for nonprofit longevity, but few foundations provide funding for this form of sustainability.
By Alex Daniels
Senior Editor, Foundations
LaGuardia Community College Scores $116.2 Million From the Owners of the New York Mets
Also, Jeff Bezos and Lauren Sánchez have given two unrestricted gifts of $50 million each through their Courage and Civility Award, and two former professors at the University of Maryland at College Park have donated $27.2 million to its math department.
By M.J. Prest
Senior Editor, Solutions
Health Care-Access Maverick to Lead California Endowment
The $4.7 billion foundation named Brenda Solórzano, an early architect of trust-based philanthropy and a veteran of health-care grant making in the Golden State, as its next president.
By Alex Daniels
Senior Editor, Foundations
Bezos Earth Fund Pledges $60 Million to Develop Protein Alternatives to Meat
Also, the Doris Duke Foundation committed $33 million to help families protect children at high risk of abuse and neglect, and the Kataly Foundation awarded $20 million to reclaim Native land in the San Francisco Bay Area.
By M.J. Prest
Senior Editor, Solutions
Big Surprises as MacKenzie Scott Announces ‘Open Call’ Winners
The billionaire philanthropist announced 361 winners — and $640 million in giving.
By NICOLE WALLACE
Features Editor
A Plea to Philanthropy: Don’t Run Away From Controversial Topics
I’ve come to accept the growing scientific consensus that nuclear energy is critical to addressing climate change. Other grant makers should, too.
By Theo Kalionzes
Contributor
Seattle Developer Gives $25 Million and an Art Collection to University
Plus, the Chicago Symphony Orchestra Association received $21 million from a longtime donor, and a food bank in Washington, D.C., landed $10 million.
By Maria Di Mento
Senior Editor
Midlevel Donors Offer Fundraisers a Huge Opportunity Amid Declines in Giving
A new report found that 31 percent of such donors have made a bequest and 23 percent are considering it.
By Rasheeda Childress
Senior Editor, Fundraising
A Hidden Burden on Low-Income Communities That Philanthropy Can Help Fix
Matched-fund requirements make accessing federal infrastructure and climate dollars all but impossible for the very communities grant makers seek to help.
By Louise Lief
Contributor
Where Billionaires, Celebrities, and the NFL Go to Support Vets
The Bob Woodruff Foundation has drawn praise — and millions in funding — from Craig Newmark, MacKenzie Scott, and Bruce Springsteen.
By Sara Herschander
Contributor
Gates Foundation Commits $180 Million to Eliminate Cervical Cancer
Also, Cancer Grand Challenges has awarded $125 million to five international research teams, and the OneOhio Recovery Foundation will deliver $51 million to efforts to prevent and treat opioid addiction in Ohio.
By M.J. Prest
Senior Editor, Solutions
How Transparent Philanthropy Can Liberate Billions of Dollars — and Do More Good
By sharing knowledge and data, grant makers can make their giving more accessible, equitable, and — crucially — effective.
The Push for Payback: Robert Wood Johnson and 80 Other Foundations Make a Case for Reparations
The Robert Wood Johnson Foundation and its grantees haven’t abandoned the push for cash-based reparations. But they aim to advance policy changes in education, public health, criminal justice, and business development.
By Alex Daniels
Senior Editor, Foundations
Albertson Family Foundation Grants $52 Million to Idaho Groups
Also, the University of Virginia received $55 million for Alzheimer’s research and its athletics department, and the Okta for Good Fund has committed $50 million over five years to strengthen cybersecurity at nonprofit groups, among other priorities.
By M.J. Prest
Senior Editor, Solutions
Donations by Top 50 U.S. Donors Fell Again in 2023, Sliding to $12 Billion
Mike Bloomberg, Phil and Penny Knight, and Michael and Susan Dell led the list of biggest givers.
Who’s Up Next? How the Next Wave of Megadonors Will Give
Racial justice, the environment, and scientific research are getting an influx of money from wealthy people seeking tangible change.
By Maria Di Mento and Jim Rendon