A Neurobiologist Finds More Satisfaction in Disruptive Giving
Looking for more people-centered work, Rebecca Balter found her calling in supporting organizing in the South and environmental-justice efforts.
By Sara Herschander
Contributor
Entrepreneur Gave $50 Million to His Alma Mater. Now He’s Looking to Broaden His Giving
Austin McChord started Datto, a data backup and security company, when he was a student at the Rochester Institute of Technology. Its success has fueled his philanthropy. Plus: See the rest of our <a href="https://sandbox.philanthropy.com/package/the-future-is-now">special report</a> on young donors challenging what it means to be a philanthropist.
By NICOLE WALLACE
Features Editor
Global Bank Executive Moonlights as Owner of a Social-Enterprise Restaurant
April Tam Smith’s restaurant in New York’s Hell’s Kitchen gives people jobs with dignity, and the proceeds go toward several charities, including one that starts schools in war-torn Congo.
By Drew Lindsay
Senior Editor, Special Projects
Business-School CEO Switches Gears to Head Her Family’s Foundation
Robin Bruce, daughter of home builder David Weekley, has expanded the staff and taken grant making in a new direction.
By Drew Lindsay
Senior Editor, Special Projects
An Organizer and First in Her Family to Inherit Wealth Becomes an Environmental Activist
Jessie Bluedorn saw firsthand how an innovative small-scale approach to environmental justice could alter lives. That has inspired her grant making. <b>Plus:</b> See the rest of our special report on <a href="https://sandbox.philanthropy.com/package/the-future-is-now">young donors</a>.
By Sara Herschander
Contributor
Howard Hughes Medical Institute Commits $60 Million to Diversify Science Education
Also, the Ewing Marion Kauffman Foundation grants $50 million for credentialing and career training in Kansas City, and Wells Fargo Foundation awards $22.5 million to close racial gaps in homeownership in three U.S. cities.
By M.J. Prest
Senior Editor, Solutions
Effective Altruism and Sam Bankman-Fried Share a Fundamental Flaw — They Both Ignore Human Nature
The FTX head’s indifference to individual investors is also reflected in his embrace of effective altruism — a problematic strategy that seeks to repress factors such as personal connection and sympathy when making giving decisions.
By Rebecca Richards
Contributor
Late Financier Karin Larson Leaves $32.5 Million for Continuing Studies Program
Plus, Hunt Companies chairman Woody Hunt gives $25 million for the study of trade and commerce between the United States and Mexico.
By Maria Di Mento
Senior Editor
Bezos Day 1 Families Fund Awards $123.5 Million for Homelessness Prevention
Also, the Bill & Melinda Gates Foundation committed $75 million to boost enrollment in higher education among students in Washington State, and the ClimateWorks Foundation will give $21.5 million to address fertilizer’s effect on climate change, food security, and energy.
By M.J. Prest
Senior Editor, Solutions
We Know That Bridging Deep Differences Is Possible. Our Organizations Do It Every Day.
A coordinated effort is needed in communities across the country to bring together people of different political parties, faith traditions, and racial and ethnic identities. A new undertaking from four major nonprofits aims to lead the way.
Billionaire Leonard Lauder Gives $52 Million for Nurse-Practitioner Program
Plus, McKenzie Scott gave $15 million to support Lutheran Immigration and Refugee Service, and three universities and the MD Anderson Cancer Center all landed big gifts.
By Maria Di Mento
Senior Editor
Gates Foundation Pledges $7 Billion for Health, Gender Equality, and Farming in Africa
The new funding comes as countries in East Africa and the Horn of Africa face the worst drought in decades.
By Evelyne Musambi
Associated Press
The Nursing Shortage Isn’t Only About Burnout
A dearth of nursing education faculty is preventing more people from entering the field — an issue that needs greater attention from donors, say a college dean and a foundation president.
Google.org Awards $10 Million to Feeding America to Bolster Food Banks
Also, the Perot Foundation and the Sarah and Ross Perot Jr. Foundation gave $50 million to the University of Texas Southwestern Medical Center to endow a dual-degree program for physician-scientists, and the Rockefeller Foundation has awarded $11 million to promote Indigenous farming practices to safeguard the global food system from the effects of climate change.
By M.J. Prest
Senior Editor, Solutions
Good News for Local News as More Nonprofit Outlets Show What’s Possible
Local journalism is coming back to life in many communities thanks to increased giving from foundations and individual donors. But the success of these nonprofit newsrooms is far from guaranteed and will depend on continuing philanthropic support.
By Sarabeth Berman
Contributor
Worry that the gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle the money were largely unfounded. Plus: MacKenzie Scott’s Giving Total Is Now Over $13 Billion
By Maria Di Mento
Senior Editor