Grant Makers Pour Dollars Into Improving How Kids Learn Amid Continued Covid Concerns
Foundations are especially concerned about finding ways to help the hardest-hit youngsters: those who come from low-income families as well as students of color.
By Alex Daniels
Senior Editor, Foundations
As Foundation Assets Balloon, Their Giving Needs to Catch Up — Now
Rather than aiming their fire at donor-advised funds, those concerned about charitable giving should focus on large foundations, flush with stock-market cash, that have failed to match their growing assets with higher rates of nonprofit funding.
By Howard Husock
Contributor
Howard Hughes Medical Institute Commits $2 Billion to Diversify Pipeline of Scientists
Also, Lululemon Athletica pledged $75 million to make grants for health and well-being through exercise, mindfulness, and advocacy, and Bloomberg Philanthropies gave $43 million to create the Bloomberg Center for Public Innovation at Johns Hopkins University.
By M.J. Prest
Senior Editor, Solutions
New York City Activists, Residents Awarded $1 Million Prize
This year’s winners the David Prize, an annual $1 million award for York City residents have been announced. The prize is named after billionaire real estate developer David C. Walentas and financed by his Brooklyn-based family foundation.
Gates Foundation to Spend $120 Million on Access for Covid-19 Pill
The Bill and Melinda Gates Foundation announced it will spend $120 million to boost access to generic versions of drugmaker Merck’s antiviral COVID-19 pill for lower income countries, if the drug gets approved by regulators.
Ford Foundation to Divest Millions From Fossil Fuels
For years, climate activists have pressured endowed institutions like Ford to divest. Now the grant maker will invest in alternative and renewable energy.
To Create a More Inclusive Future, Philanthropy Should Examine the Overlooked Chapters From its Past
Women, Black people, and immigrants — not just wealthy industrialists — fueled 20th-century philanthropy in cities like Pittsburgh. Understanding their historic role is critical to developing more just and equitable philanthropic practices today.
By Kathleen W. Buechel
Contributor
Lancaster Community Foundation Receives $65 Million
Plus, Howard University lands $5 million from the Baltimore financier Eddie Brown and his wife, Sylvia.
By Maria Di Mento
Senior Editor
Wildfires, Climate Change, and How Philanthropy Can Make a Difference: an Interview With Alan Kwok
A growing number of foundations are making grants to help prevent or reduce the harm caused by wildfires in the West, says Alan Kwok, director of climate and disaster resilience for an alliance of California grant makers.
By Eden Stiffman
Senior Editor
Once Left Out of the Ford Foundation’s Strategy, Disability Rights Gets Its Own Program
In 2015, the foundation had a very public reckoning with its failure to consider disability as it overhauled its grant making to focus solely on inequality.
By Drew Lindsay
Senior Editor, Special Projects
How a Nonprofit CEO Shows Donors Why They Are Essential
Stephanie Hull, president and CEO of Girls Inc., explains the difference in her experiences with foundations and individual donors, and much more.
Ms. Foundation Focuses Funds on Groups Led by Women of Color
The Ms. Foundation for Women unveiled $4 million in funding Wednesday for more than 100 groups that are working for social justice. More than 90 percent will go to groups led by women and girls of color.
The Ozy Media Debacle Is a Cautionary Tale for Journalism Donors
Before funding a news organization, donors should ensure the outlet can deliver on its promises and reach the intended audience. Without such vetting, philanthropic organizations are likely to miss out on opportunities to support journalism where it is needed most — in underserved communities of color.
By Tracie Powell
Contributor
20 Foundations Ally to Commit $223 Million to Curb Worldwide Methane Emissions
Also, Strada Education Network gave $25 million for leadership-development programs at 28 historically Black colleges and universities, and the Ford Foundation awarded $16 million to expand Covid-19 vaccine distribution across developing countries.
By M.J. Prest
Senior Editor, Solutions
With more than $2 million in grants from the nation’s biggest foundations, a group of philanthropy leaders Tuesday announced the public kickoff off a campaign to drive greater giving of time and money, especially from middle- and low-income Americans.
By Alex Daniels
Senior Editor, Foundations
U. of Chicago Receives $50 Million Bequest From Investor
Plus, the University of Denver, two law schools, a Houston park, and other nonprofits receive big gifts.
By Maria Di Mento
Senior Editor