Raytheon Technologies, Open Society Foundations Each Commit $500 Million Grants for Education
Also, the John Deere Foundation has pledged $200 million in grants to nonprofit groups over the next 10 years, and the Lennar Foundation gave $50 million to establish a new cancer center at City of Hope Orange County.
Ford Foundation Commits Another $1 Billion in Flexible Grants to Fight Inequality
Foundation officials say the first $1 billion in unrestricted support and other assistance it gave to organizations led by women, people of color, and others who are marginalized made a big difference — especially in their ability to weather the pandemic and other challenges of the past year.
When it Comes to Voting Rights, Philanthropy Needs to Act Like Every Day Is Election Day
Growing state efforts to restrict voting access threaten our democracy and the causes foundations care about. We need to start fighting back now.
2 Commitments of $100 Million Address Racial Wealth Gaps and Accelerate Covid Research
Plus, see below for more about the gift to address the wealth gap. Also, the Conrad Prebys Foundation awards $78 million in its first round of grant making.
A year ago today, foundations and donors committed to new ways of operating to help organizations survive the health and economic crises. In 2021, there’s much more for all of us to do.
How the 10 Biggest Foundations Changed in a Year of Covid — and What’s Next
A Chronicle review found that only a handful of the wealthiest grant makers are ready to commit to increases in grant distributions or providing continued flexibility.
5 Economic Indicators That (Mostly) Point to a Brighter Year for Nonprofits
It’s been a hard 12 months for nonprofits and much uncertainty still lies ahead, but expert say there many guideposts that can help determine what kind of fundraising performance to expect in 2021 and beyond.
Philanthropy Needs to Prepare Itself for a World Powered by Artificial Intelligence
Incorporating A.I. tools into all programs and ensuring they are used for social good should be a priority for every foundation, not just those focused on technological innovation.
Vaping and Philanthropy: Debating Strategies That Work
Bloomberg Philanthropies and other anti-smoking advocates respond to a Chronicle article about the billionaire’s work, and a former FDA official offers strategies foundations can use to resolve conflicts over tobacco policies.
A $350 Million Pledge Aims to Build Economic Development in Detroit
Plus, Georgetown University receives $100 million from Frank McCourt Jr. to diversify the public-policy field, and a medical school receives $2 million to improve health care for the homeless.
Nearly 500 Foundation Leaders Unite to Push for More Support of Asian Americans
A letter circulated by Asian Americans/Pacific Islanders in Philanthropy noted a “perpetual outsider” status felt by its members. The group also released a study outlining the paucity of philanthropic support directed toward Asian American communities.
2 Billionaire Couples Provide $300 Million to Launch New Health Research Institute
Wendy and Eric Schmidt and Eli and Edythe Broad provided the money to build a new scientific discipline that combines biology and computer science to improve human health.
Do the Math: Foundations Can Afford to Advance the Nation’s Covid Reset
Solving big problems revealed by a year of cascading crises demands a surge in grant making. Fortunately, endowments have swelled enough in the past year to enable steady increases in giving.
Gates and Others Give to Malaria-Free Zambia Program
Also, the Hospital for Special Surgery is getting $35 million to expand, Howard University is receiving $10 million to prepare students for careers in finance, and the Ford Foundation awarded $4.5 million to amplify stories about communities that live along the U.S.-Mexico border.
The Bezos Earth Fund Needs to Stop Shortchanging Environmental-Justice Nonprofits
The $10 billion fund should lead the way toward increased giving to groups working in communities hit hardest by climate change — rather than giving more to large, well-resourced environmental policy organizations.