Here’s One Way to Help Grantees Deal With Inflation: Give Them More Money
During periods of high inflation, foundations need to recognize that the benefits of long-term grants are undermined by rising costs. They should respond by increasing payments to nonprofits they support, many of whom are struggling to meet program goals due to higher expenses for travel, staff, and other necessities.
By Adam Simon and Steven Laufer
As More Foundations Seek to Influence Public Perceptions, New Approaches Abound
Grant makers are pouring millions of dollars into work to change public attitudes, but some nonprofits say equal effort needs to be put into building social movements that can advance new policies and ideas.
By Alex Daniels
Senior Editor, Foundations
Also, St. David’s Foundation has awarded $28 million to organizations throughout central Texas, and Google has committed $20 million to expand computer-science education for students from backgrounds that are underrepresented in technology.
By M.J. Prest
Senior Editor, Solutions
Cleveland Couple Give $28 Million to Back Scholarships at Ohio Private School
Plus, Milwaukee Area Technical College, City College of New York, and three universities all landed big gifts.
By Maria Di Mento
Senior Editor
Investing in Better School Counseling Will Help Struggling Students Recover From Multiple Crises
As the school year begins, students need increased support to thrive in an era marked by school shootings, the pandemic, and racial violence. To address these challenges, philanthropy should help strengthen the long-neglected field of school counseling.
Limited Funding From Grant Makers Hampers Charities’ Monkeypox Response
Two national companies are putting a total of more than $5 million into efforts to prevent the spread, and small gifts are being made by community foundations and local companies. But charities say they need more to fight the disease.
By Kay Dervishi
Contributor
MacKenzie Scott’s Giving Total Is $12.8 Billion — So Far
Charities have announced 12 donations totaling $347.4 million from the philanthropist since the beginning of April, according to a Chronicle tally.
By Maria Di Mento
Senior Editor
Also, the Clinton Health Access Initiative received $25 million to deliver affordable medical-oxygen equipment in nine countries, and the Pokémon Company International committed $25 million to organizations that work to improve the lives of children and social equity.
By M.J. Prest
Senior Editor, Solutions
Nonprofits That Serve People Should Also Support Their Pets
The growth in pet ownership during the pandemic has left many families without the means to care for their animals. This crisis in vet care needs to be addressed by a wide range of philanthropic and nonprofit organizations and viewed as an integral part of helping vulnerable populations thrive.
By Aimee Gilbreath
Contributor
The six homeowners who sued Brad Pitt’s Make It Right Foundation over the faulty construction of housing it built for them have reached a $20.5 million settlement with the apparently defunct charity.
By Judith Keller
Contributor
Maryland Congressman and Wife Give $10 Million for Mental-Health Services and Hillel
Plus, MacKenzie Scott strikes again: The billionaire novelist gave nearly $39 million to Junior Achievement USA, her second eight-figure gift in the last two weeks.
By Maria Di Mento
Senior Editor
10 Universities Receive $50 Million for Blockchain and Cryptocurrency Institutes
Also, the Johnson & Johnson and Skoll foundations are jointly giving $25 million to hire more community-health workers in up to 10 African countries, and Gilead Sciences will give $5 million through its Global Monkeypox Outbreak Emergency Fund to its existing LGBTQ and human-rights grantees.
By M.J. Prest
Senior Editor, Solutions
To Mark Black Philanthropy Month, Grant Makers Need to Double Down on Fight for Racial Justice
Even as the headlines have moved on to other crises, donors must recommit to efforts sparked by the 2020 racial reckoning. They must be true partners to Black leaders whose innovative ideas and relentless focus are driving this movement for change.
By Cheryl L. Dorsey
Contributor
How Bloomberg Philanthropies Is Working to Build Black Wealth
While racial-justice efforts have commanded the most attention in philanthropy, the foundation says it hopes others will also look at ways to help ensure Black people have more opportunities to accumulate assets. Its first focus has been on relief from medical debt.
By Kay Dervishi
Contributor
Elitist Grant-Making Practices Stand in the Way of Equitable and Effective Public Policy
In the policy world, foundation funds typically flow to think tanks and advocacy groups staffed by people with traditionally impressive education and employment credentials. These practices leave out organizations and leaders from the communities most affected by policy choices — and prevent the development of strong policy.
By Emma Vadehra
Contributor
MacKenzie Scott Gives $55 Million for Affordable Housing Efforts in Los Angeles
Plus, three universities received large donations to support music programs, campus construction, and better understanding of U.S. institutions.
By Maria Di Mento
Senior Editor