An Entrepreneur Talks About How One Person Can Change Another’s Life
Jason Hackmann has quietly been investing in efforts to end childhood slavery in Ghana.
Kummers Give $300 Million to Expand Missouri U. of Science and Technology Programs (Gifts Roundup)
Plus, Phil Knight gives $900 million to his foundation, and $300 million to the University of Oregon.
By Maria Di Mento
Senior Editor
Foundations Should Examine Practices That Prevent Them From Giving Grantees More Power
Philanthropic organizations say they want to embrace bottom-up approaches to grantmaking, but a series of donor workshops reveals how entrenched ideas and policies create obstacles to such reforms, says a foundation consultant.
By Renee Karibi-Whyte
Contributor
Kellogg Commits $90 Million to New Racial-Equity Grant Competition
The foundation will work with Lever for Change, a nonprofit affiliated with the MacArthur Foundation. The program will be modeled on MacArthur’s 100&Change competition.
By Alex Daniels
Contributor
Foundations Are Sending More Dollars to Donor-Advised Funds, Chronicle Analysis Finds
Congress is facing growing pressure to stop the transfers, which allow grant makers to keep secret many of the details about their giving.
By Marc Gunther
Contributor
Nike Co-founder Phil Knight Gives $900 Million to His Foundation
With this latest donation, the billionaire and his wife, Penelope, have made charitable contributions totaling at least $3 billion
By Maria Di Mento
Senior Editor
Ford Foundation Announces $180 Million in New Funding for Racial Justice
The money is part of Ford’s $1 billion bond offering designed to allow the foundation to give more now without cutting into its endowment.
By dan.parks
Contributor
Plan to Accelerate Giving Would Have Opposite Effect (Letter)
An idea floated by the philanthropist John Arnold and law professor Ray Madoff would take away all the advantages of donor-advised funds and crimp the role of family members in running their foundations.
By baroneditorial
Reporter
A Philanthropist’s Plan to Get the Wealthy to Give More Faces Headwinds
A blueprint for Congress that would add new tax incentives to channel more money from donor-advised funds and foundations to charities is drawing criticism.
By Alex Daniels
Contributor
Mellon Foundation Commits $250 Million to Its Monuments Project (Grants Roundup)
Also, the Ford Foundation and a consortium of other funders pledge at least $156 million for arts groups led by people of color.
By M.J. Prest
Senior Editor, Solutions
Conservative and liberal foundations are putting money into a cadre of nonprofits working to help Americans find common ground on political and public policy matters.
By Alex Daniels
Contributor
Foundations That Are Serious About Achieving Equity Need to Rethink How They Work
Ditching old ideas, structures, and titles, like the program-officer term that connotes people of wealth commanding others to take action, will help us do more to meet our aspirations.
By Lisa Pilar Cowan
Contributor
Foundations Are Breaking All the Rules in the Pandemic. They Need to Keep Doing That.
Meeting together on Zoom, the walls that hobbled collaboration are falling. How can we keep the spirit going and make grantees a central part of every aspect of our operations?
By Lisa Pilar Cowan
Contributor
Crisis Charitable Commitment Pledges Climb to Nearly $300 Million
The effort to encourage wealthy individuals, donor-advised fund account holders, and foundations to give more immediately also unveiled its list of signatories on Tuesday.
By dan.parks
Contributor
Our Nonprofit Could Have Done Better to Measure Grant-Making Data on Race
A study on community foundations released by the National Committee for Responsive Philanthropy failed to describe what was being measured. Here are ways it says we can all move forward to advance understanding of grant making that benefits Blacks.
Wealthy Donors Make Big Gifts to Racial-Justice and Diversity Efforts
So far this year, rich donors have given at least $208.3 million to such efforts. The number of large gifts far exceeds previous years.
By Maria Di Mento
Senior Editor