MacKenzie Scott’s Giving Total Is Now Over $13 Billion
Scott released names of more than 1,200 charities that she supported with big gifts over the past seven months.
Retired Blackstone Partner and Wife Give $25 Million for Early-Childhood Health
Plus, a former vice chairman of the Federal Reserve supports a D.C. neighborhood museum. Also, two universities, the National Gallery of Art, and a health-care system in Utah all land big gifts.
The Midterms Show Why Philanthropy Needs to Help Build a Pipeline of Young Progressive Candidates
Donors on the left shouldn’t wait for the next election cycle to give nonprofits the resources they need to train and nurture new political talent — and to catch up with far better financed organizations on the right.
Clarios Foundation Pledges $20 Million to Unicef to Improve Environmental Health for Children
Also, the Kislak Family Foundation gave $10 million to the Library of Congress for a new gallery about Indigenous societies, and several major grants have been announced at the U.N. Climate Change Conference, taking place this week in Egypt.
To Tackle the Climate Crisis, Philanthropy Needs to Get Religion
Religious groups are taking a leading role in fighting climate change but have gone largely unnoticed by grant makers. As the U.N Climate Conference gets underway this week, now is a good time for donors to recognize the power of religious institutions to mobilize communities to protect the planet.
Plus, Salvation Army of San Diego landed $35 million to expand programs serving people struggling with homelessness, and five other donors gave big gifts to support democracy programs, climate resilience, and medical care.
Anonymous Donor Pledges $500 Million Matching Gift to Small Kansas College
The donor will contribute $2 for every dollar given or pledged to McPherson College by other people through June 30.
Blank Foundation Founder and President Discuss Family Philanthropy
Arthur Blank, co-founder of Home Depot, and Fay Twersky, president of the Arthur M. Blank Family Foundation, talk about a collaborative approach to decision-making.
4 Ways to Make Donor-Advised Funds Simpler and Fairer
At a time of increased criticism about how the philanthropic world operates, congressional legislation aimed at reining in DAFs needs to go further. Among other things, it should address issues such as the funds’ lack of transparency and their tax advantages over foundations.
New Chair of Rockefeller Brothers Fund Wants the Public to Understand How Philanthropy Works
In an interview, Joseph Pierson, the new chair, and Valerie Rockefeller, the outgoing board leader, discuss general operating support, MacKenzie Scott’s giving approach, whether philanthropy should work to dismantle capitalism, and how the grant maker decided to divest from fossil fuels.
Is Philanthropy Taking the Wrong Approach to Addressing Polarization?
Donors have responded to the nation’s growing political divisions by funding projects that aim to build a more pluralistic society. But developing effective solutions to this challenging work requires a clear understanding of what helps — and what doesn’t.
PNC Bank and Walton Family Foundation Contribute $100 Million for Public Charter Schools
Also, Eli Lilly and Company pledged $92.5 million for research programs and aid for pharmaceutical-manufacturing students at Purdue University, and the National Fund for Sacred Places awarded $2.2 million to 16 historic churches in the United States.
Former Northeastern U. Student Who Dropped Out Gives $25 Million for New Professorships
Plus, the News Literacy Project landed $10 million from Los Angeles philanthropists Melanie and Richard Lundquist to combat misinformation.
A Half-Billion Dollars of Influence: Big Philanthropists and the Midterm Elections
Major charitable donors are becoming political heavyweights, thanks to controversial eight- and even nine-figure contributions.
Charitable Giving to Fight Climate Change Now Tops at Least $7.5 Billion, a 25% Rise
Many more nonprofits are receiving aid as a result of the increased dollars. Still, the share of philanthropic money that goes to climate change is tiny compared with all funds donated to causes like education and the arts.
Foundations and Big Donors Step In to Tackle the Nation’s Nurse Shortage
Grant makers are backing ways to pay educational costs and make the jobs more attractive, especially to people of color, who often don’t choose the profession, and promoting innovations such as the use of robots for routine tasks.