Biden Proposes Measure to Deter Foundations From Skirting Distribution Rules by Giving to DAFs
Supporters say the proposal would direct more money from private foundations to charities every year. Critics say it would undermine donor privacy, among other harmful effects.
By dan.parks
Contributor
Philanthropy Needs to Own Up to Its Role in Fueling Polarization
This week we are featuring articles from our recent archive on issues that are of special interest to our readers. To effectively address the toxic divisions that are stifling social change, grant makers and the nonprofits they support must acknowledge how their attitudes toward so-called opponents are contributing to the problem — and start listening to those with different perspectives.
By Suzette Brooks Masters
Contributor
Scott has emerged as the most notable practitioner of trust-based philanthropy — the notion that there should be fewer strings attached to donations and that reporting requirements and other expectations that often come with grants from foundations can be excessive.
An Urgent Response Is Needed to the Dire Staff Shortages Facing Nonprofit Government Contractors
Most government contracts don’t cover the total cost of providing services and restrict funding for expenses such as raises and benefits. Philanthropy needs to offer more flexible funding to make up the difference, and political leaders should enact policies that address contract shortfalls.
Citi Foundation Commits $50 Million to Nonprofit Community-Development Financial Institutions
Also, the Bill & Melinda Gates Foundation and Bezos Earth Fund both gave major grants to back gene banks that safeguard the biodiversity of the world’s food supply.
By M.J. Prest
Senior Editor, Solutions
Money laundering doesn’t just make it harder to sanction Vladimir Putin and his cronies for the invasion of Ukraine. It depletes countries of funds needed to address the social problems that grant makers care about. There is no better time for philanthropy to do more to promote change.
By Michael Jarvis and Leslie Lang Tsai
Inflation Hits Ability of Nonprofits to Provide Services, Keep Workers — and Raise Money
At a time when the demand for services remains high, soaring costs for fuel, food, employee payrolls, and other expenses are stressing charities’ budgets even more than during the pandemic.
By dan.parks
Contributor
People Who Are Homeless Are Not an Investment Opportunity
The head of a donor group aimed at tackling homelessness objects to a recent op-ed that proposes using endowment investments to solve the housing crisis.
Intel Commits $100 Million to Boost Education in Semiconductor Manufacturing
Also, Emerson will give $200 million over 10 years to address education inequities, and Blue Meridian Partners has committed $60 million to bolster the financial health of historically Black colleges and universities.
By M.J. Prest
Senior Editor, Solutions
The new effort aims to send healthier food to schools, prisons, and people at risk of poor health, as well as adding greater diversity to the mix of the world’s food suppliers.
By Kristen Griffith
Contributor
The Latest of MacKenzie Scott’s $12.3 Billion in Giving Shows Strong Support for Equity
Some of the recipients of her philanthropy have included Habitat for Humanity, Planned Parenthood, and Boys & Girls Clubs of America.
By dan.parks
Contributor
Lego Foundation’s New Grants Competition to Help Children Displaced by Covid, War, and Other Crises
The corporate foundation is building on its other big grants that have helped Sesame Street and the International Rescue Committee improve learning for the world’s youngest.
By Kristen Griffith
Contributor
Philanthropy Helped Reduce Institutional Placements for Foster Kids. Now Many Have Nowhere to Go.
Good philanthropic intentions fueled efforts to severely limit the number of foster children placed in group settings. But the movement has gone too far. More such facilities are needed for kids whose mental and behavioral challenges make placing them with families extremely difficult.
By Naomi Schaefer Riley
Contributor
Why Philanthropy’s ‘Free College’ Programs Don’t Always Live Up to Their Promise
New college scholarship programs aim to do what’s proved elusive so far: generate benefits for communities as well as students.
By Drew Lindsay
Senior Editor, Special Projects
Airbnb Co-Founders Pledge $10 Million for Their Charity’s Ukraine Efforts
Plus, MIT lands $100 million from the Chan brothers, and five universities and the Rhode Island Foundation all received big gifts.
By Maria Di Mento
Senior Editor
MacKenzie Scott Gives Boys & Girls Clubs of America $281 Million
The charity’s national office will receive $25 million. The remainder will be divided among 62 local Boys & Girls Clubs, chosen by Scott and her advisers.
By Maria Di Mento
Senior Editor