The 2023 Soros Arts Fellows Plan to Fight Climate Change and Other Global Issues With Public Art
Each of the fellows will receive $100,000 in unrestricted funding from Open Society Foundations to develop a public art project that confronts climate change with community-based solutions.
By Glenn Gamboa
AP Business Writer
Grant Seekers May Benefit as Wealthy People Put More Money Into Their Foundations
Foundation giving is likely to rise by 2 percent this year, to $95 billion, according to a new estimate by FoundationMark.
By Yesica Balderrama
Contributor
He Lived Quietly and Then Gave $200 Million for a Science Immersion Program
Plus, Fort Lewis College, three universities, and a civic engagement group for youths all landed multimillion-dollar gifts.
By Maria Di Mento
Senior Editor
Garcelle Beauvais Teams With Kellogg Foundation for a $90 Million Plan to Help Haiti
“Pockets of Hope” will focus community-level efforts to provide education, health care, and economic development.
By Glenn Gamboa
AP Business Writer
Bloomberg Philanthropies Launches $50 Million Fund to Help Cities Tackle Global Issues
The effort will give help launch programs proven effective in other cities, providing grants for startup costs and technical support, as well as sponsor trips and webinars to inform leaders about new programs.
By Glenn Gamboa
AP Business Writer
Why Is Philanthropy Afraid to Talk About Reparations?
Donors committed to racial repair need to support reparations for Black people forcefully and unapologetically.
By Cora Daniels
Contributor
Foundations and Companies Pour Millions Into Aid for Victims of Israel-Hamas Conflict
In other grant-making news, the Hodson Trust gave almost $110 million to add to scholarship endowments at Washington and Hood Colleges, and $40 million from the Art Bridges Foundation will help offer free admission to 64 museums across the United States.
By M.J. Prest
Senior Editor, Solutions
Billionaire Bernie Marcus to Rich People: Get Off Your Rear Ends and Do Something Good
The 94-year-old Home Depot co-founder has donated roughly $2 billion so far, including big bets in Atlanta.
By Maria Di Mento
Senior Editor
The Israel-Hamas War: A Time for Open Hands, Not Clenched Fists
The horrors in the Middle East should spur the nonprofit world to work together to create something better — not just tear things down.
By Eboo Patel
Contributor
First Woman to Join Washington & Jefferson College’s Board Leaves It $50 Million
Plus, the University of Connecticut’s Nursing School and the University of Buffalo received $40 million each, UCLA landed $15.4 million, and three other universities got seven- and eight-figure gifts.
By Maria Di Mento
Senior Editor
Does Alternative Meat Need Philanthropy to Take It Beyond?
Support from philanthropy helped spark an alt-meat boom, and the industry finds itself at a crossroads.
By Eden Stiffman
Senior Editor
Opinion: Stacey Abrams and Julián Castro Are Right: Retreat on Civil Rights Isn’t an Option
Collective donor paralysis in the face of the Supreme Court’s affirmative action ruling will reverse years of positive momentum toward racial equity.
A Mental-Health Nonprofit Popular Among Colleges Is Expanding. Has Its Approach Worked?
Twenty-five years ago, a college student took his own life. Now a foundation bearing his name — and based on an Air Force program — is working to improve mental health in hundreds of colleges.
By Kay Dervishi
Contributor
Philanthropic Efforts to Fight Misinformation Should Start in the Classroom
To build a future founded on facts, more states and school districts need to make media-literacy instruction a requirement. For philanthropy, that means stepping up support of nonpartisan legislative advocacy.
By Charles Salter
Contributor
Citi Foundation Pledges $50 Million in Unrestricted Grants to Community Groups
Also, four big foundations pooled $30 million to organizations that serve the populations most vulnerable to climate disruption, and the UJA-Federation of New York is giving $10 million from its endowment to help victims of Hamas’s attack on Israel.
By M.J. Prest
Senior Editor, Solutions
Study: Giving to Women’s and Girls’ Groups Is Up — but Still Lags Other Causes
U.S. donors gave more than $8 billion to groups that serve women and girls in 2020, an increase from the year before.
By Maria Di Mento
Senior Editor