Phil and Penny Knight Pledge $400 Million to Rebuild Historic Black Neighborhood
Plus, hedge-fund manager Kenneth Griffin gave big gifts to a community college and a charter school, and Purdue University received two major donations from alumni.
By Maria Di Mento
Senior Editor
What Covid-19 Vaccination Efforts Taught Philanthropy About How to Close the Racial Health Gap
Grant makers need to adopt what worked during the pandemic when vaccination rates for Black people improved sharply and apply those approaches to address other stubbornly high health gaps.
Climate Funders Justice Pledge Brings In More Than $120 Million
The Donors of Color Network created the pledge, which calls on signatories to give 30 percent of their climate funding to organizations led by people of color.
By Jim Rendon
Executive Editor
Walter and Elise Haas Fund Commits $24.5 Million to Close Wealth Gaps in the Bay Area
Also, the Charles Stewart Mott Foundation will give up to $15 million over three years to test a new program that will provide direct cash payments to mothers in Flint, Mich., and the Marriott Foundation donated $2.3 million to establish a fellowship program in mental health at Unity Health Care, in Washington.
By M.J. Prest
Senior Editor, Solutions
What Michael Bloomberg’s Plan to Transfer His Company to Charity Could Mean for Philanthropy
The former New York mayor’s plans to give his $12 billion company to Bloomberg Philanthropies could signal a sea change in how mega-donors give.
By Maria Di Mento
Senior Editor
Tex. Billionaire George Bishop Gives $100 Million for Scholarships
Plus, New York financier Ron Perelman gave $25 million to Brown University, a Community College got $10 million, and four other universities received multimillion-dollar donations.
By Maria Di Mento
Senior Editor
No, Not All Philanthropic Views Are Good, and Many Don’t Deserve Our Respect
An essay in the Chronicle by six philanthropy leaders urging support for pluralism disregarded the real dangers caused by big donors, especially by those who fund efforts to take away rights and hurt marginalized groups.
By Vu Le
Contributor
A study released today shows that $70 billion was awarded, most of it from people in the wealthiest nations.
By Sara Herschander
Contributor
Audacious Project Commits More Than $1 Billion to Address Pressing Global Issues
Also, the Robert Wood Johnson Foundation pledged $5 million for research and programs to reduce incidents of gun violence, and Google.org gave $1.1 million to create a marketplace where impact investors, companies, and philanthropists can purchase social-impact credits from nonprofit groups.
By M.J. Prest
Senior Editor, Solutions
Lawsuits are not as risky or costly as many grant makers believe — and are one of the best strategies for achieving lasting effects on a wide range of environmental issues.
By Bruce Reznik
Contributor
San Diego Civic Organization Lands $20 Million From 95-Year-Old Sailing Great
Plus, Harvard received $300 million from hedge-fund manager Kenneth Griffin, Robert Smith donated $15 million for career-readiness programs for underserved high-school students, and Kathryn and Kenneth Chenault gave Bowdoin $2 million to honor a civil-rights leader.
By Maria Di Mento
Senior Editor
Foster-Care Veteran Gets $47.5 Million From Audacious Project to Redesign Child-Welfare System
Sixto Cancel argues that people who have experienced the child-welfare system are the ones to make it better. Now some of America’s biggest philanthropists are betting that he’s right.
By Drew Lindsay
Contributor
Hess Corporation Commits $50 Million to Bolster Plants’ Role in Mitigating Climate Change
Also, a $40 million grant to Children’s Hospital Los Angeles and the University of Southern California will support a new partnership in biomedical research, and 31 nonprofit groups with Muslim leaders will share $2 million from the Pillars Catalyze Fund.
By M.J. Prest
Senior Editor, Solutions
Billionaire Financier Kenneth Griffin Gives Harvard $300 Million
The new gift brings the Citadel founder’s lifetime support of his alma mater to more than $500 million.
By Maria Di Mento
Senior Editor
James Irvine Foundation Commits $186.5 Million to Continue Its Fair-Work Program
Also, the Foundation to Combat Antisemitism will spend $25 million on its #StandUpToJewishHate media campaign, and the Hewlett Foundation has granted $20 million to back interdisciplinary cyber-policy programs at two historically Black and two Hispanic-serving institutions.
By M.J. Prest
Senior Editor, Solutions
4 Ways Foundations Can Help Strengthen Nonprofits
Here’s how one grant maker helps nonprofits build organizational capacity — and how your foundation can, too.
By RICK MOYERS
Contributor