The grassroots grants came from Co-Impact, a group supported by Melinda French Gates and MacKenzie Scott, among others, while the Mellon Foundation donated $11 million for a cultural center to memorialize the history of slavery in Richmond, Va.
By M.J. Prest
Senior Editor, Solutions
Top 10 Donations of 2022 Totaled $9.3 Billion
Much of the money went to private foundations or to universities, but some went to cancer research and treatment, housing, youth programs, and reproductive health.
By Maria Di Mento
Senior Editor
He says his hands-on approach is working, as he laments inaction on climate change and the way the pandemic upended progress on fighting disease.
By Alex Daniels
Senior Editor, Foundations
Program-Related Investments: One Way Foundations Support Charities Without Donating Money
Most U.S. foundations seek to preserve the money that funds their grants and operations for the long term. They accomplish this by not giving away more money than they earn as returns on the assets held in their endowments.
By Jessica Jones
Contributor
4 Big Foundations Pool $90 Million for Global Workers-Rights Partnership
Also, Michigan Medicine received $50 million for its new hospital, and three companies made grants to support the Smithsonian Institution’s forthcoming American Women’s History Museum and National Museum of the American Latino.
By M.J. Prest
Senior Editor, Solutions
Ga. Senate Race Shows Why the Fraying Line Between Charity and Politics Must Be Repaired
As election-related activities such as get-out-the-vote efforts in Georgia become more common in the nonprofit world, greater scrutiny is needed of practices that allow people to give to 501(c)(4) groups and avoid paying taxes on those contributions.
By Craig Kennedy
Contributor
Museum Trustee Merges Social Justice and Art
Victoria Rogers, who helped start the Black Trustee Alliance for Art Museums and serves on the board of the Brooklyn Museum, has asked insightful questions about diversity and equity from a young age.
By Jim Rendon
Executive Editor
An Immigrant and Google.org Official Finds a Home in Giving Circles
Hector Mujica’s parents were not wealthy, but their generosity set the tone for his philanthropy.
By Jim Rendon
Executive Editor
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
Contributor
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
Contributor
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