Philanthropy Favors Traditional Public Schools Over Public Charter Schools, Study Finds
Traditional public schools received an average of $3,090 in philanthropic support compared with $1,680 for public charter schools, a 46 percent disparity, according to a new study.
By Michael Theis
Contributor
Nike’s Phil Knight was No. 2 and Priscilla and Mark Zuckerberg were No. 3 with their donations to secure the safety of the November elections.
By Maria Di Mento
Senior Editor
Giving Pledge Adds Stephen Schwarzman, William Gross, and 11 Other Billionaires
The Giving Pledge announced Monday that Stephen Schwarzman, William Gross, and 11 other billionaires have committed to giving away at least half their wealth since May of last year, bringing the number who have signed the pledge to 216.
By dan.parks
Contributor
Indigenous peoples are risking their lives to protect the forests the world needs to maintain a healthy planet. But we can’t do it alone.
In Defense of the Jewish Future Pledge
Endowments like this one are not some nefarious plot to control the world from beyond the grave. They are simply a way to set aside money to protect the values and institutions we care about for future generations.
N.Y. Financier Mario Gabelli Gives Fordham $35 Million
Plus, Portland Community College lands a $5.5 million bequest from an Oregon poet that includes cash, a log cabin, and nine acres of land.
By Maria Di Mento
Senior Editor
Community Foundations Wrestle Over Whether to Accept Government Help
With Congress negotiating a renewal of the Paycheck Protection Program, debate may rise anew within community foundation over whether their pursuit of the loans would siphon funds from service-providing nonprofits.
By Alex Daniels and Michael Theis
Groundswell Offers $80 Million to Groups Led by Women of Color; Corporate Aid to Street Vendors
Also, 42 organizations that help homeless people will share $106 million from the Bezos Day One Fund.
By M.J. Prest
Senior Editor, Solutions
Pledge Asking Foundations to Loosen Grant Restrictions Is Working, Report Shows
Ninety-three percent of signatories to the Council on Foundation pledge say they loosened or eliminated restrictions on current grants, compared to only 67 percent of non-signatories.
By Michael Theis
Contributor
Updated: MacKenzie Scott Surprises Scores of Nonprofits With $4.2 Billion
Some 384 organizations, including food banks, Covid relief funds, and Black colleges, received the unsolicited donations from Jeff Bezos’s ex-wife.
By dan.parks
Contributor
Many Foundations Unsure Whether to Return to Tightened Restrictions on Grants Post-Pandemic
A survey found that 92 percent had loosened or eliminated restrictions on existing grants, 90 percent had reduced what they asked of their grantees, and 80 percent had made new grants as unrestricted as possible.
By Michael Theis
Contributor
President Obama’s Lessons for Nonprofit Leaders: Advice From ‘A Promised Land’
The former president’s remarkable memoir is a guide for all of us who need to make difficult decisions during these especially challenging times.
By Mark J. Pelavin
Contributor
Misperceptions of Native American Life Fuel Discrepancies in Hiring, Study Says
Inaccurate perceptions about Native American life contribute to a sharp under-representation of Native Americans employed by U.S. foundations, according to a new report from the First Nations Development Institute.
By Michael Theis
Contributor
The ‘Jewish Future Pledge’ Is Not the Hanukkah Gift Philanthropy Needs
Some 200 wealthy philanthropists so far have signed a new pledge committing to devote at least half their estates’ charitable funds to Jewish causes. But this blatant effort to control the future has potentially dire consequences at a time of enormous economic struggle.
By Lila Corwin Berman
Contributor
Billionaire Stephen Ross Gives $63 Million to Make Cities More Resilient
Plus, Utah Jazz shooting guard Donovan Mitchell gives $12 million to Greenwich Country Day School for scholarships and faculty awards.
By Maria Di Mento
Senior Editor
A Newly Hot Approach on Loans Seeks to Close the Racial Wealth Gap
Philanthropists and companies are pouring money and fresh ideas into community-development financial institutions.
By Marc Gunther
Contributor