Also, the Lilly Endowment will give $30.7 million to enhance Wake Forest University’s Program for Leadership and Character, and Kaiser Permanente pledged $25 million to the Center for Gun Violence Research and Education.
By M.J. Prest
Senior Editor, Solutions
Refugees Like Me Know What Our Communities Need, but Donors and Large Nonprofits Aren’t Listening
Despite growing philanthropic recognition that the most successful movements are led by oppressed groups themselves, organizations that aid refugees remains mired in their colonial roots and a continued reliance on white so-called experts.
By Sana Ali Mustafa
Contributor
Major Funders Call for Increased Support of Black Feminists
The open letter, from the Melinda Gates’a Pivotal Ventures, Rihanna’s Clara Lionel Foundation, and the Ford Foundation and MacArthur foundations is intended to encourage others to support historically underfunded groups.
By Glenn Gamboa
AP Business Writer
PetSmart Charities Commits $100 Million to Expand Access to Veterinary Care
Also, Fidelity Investments is awarding $250 million to efforts to enable students of color to enroll in college, and Wells Fargo pledged $20 million to its Invest Native program for economic development in Indigenous communities.
By M.J. Prest
Senior Editor, Solutions
End the Charitable Tax Exemption and Remove the Conflict of Interest Baked Into Big Philanthropy
At a time of growing distrust in philanthropy and stagnant or declining giving, it’s no longer tenable to maintain a system that allows donors to reap rewards through the nonprofits they fund.
By Jeff Cain
Contributor
How Grant Makers Can Help State Policy Makers Advance Smart Approaches
This month, a new crop of young elected leaders is stepping into power in state houses and city council chambers nationwide. Philanthropy needs to invest in programs to help them do their jobs effectively and fulfill the promises of the campaign trail.
By Tom Perriello and Karundi Williams
Open Philanthropy Gives $150 Million for Global Health, Climate, and Education
Also, the Lilly Endowment gave $80 million to improve public parks in Indiana, and the National Trust for Historic Preservation awarded $4 million to 35 historic Black churches across the United States.
By M.J. Prest
Senior Editor, Solutions
Gates Foundation to Increase Funding to $8.3 Billion This Year
The grant maker predicts its annual grant budget will grow to $9 billion by 2026.
By Alex Daniels
Senior Editor, Foundations
Disaster Giving Goes Mostly to Immediate Relief, Not Prevention or Long-Term Recovery
Foundation giving was 15 times greater in the year after the pandemic struck. But the emphasis on immediate relief worries experts, especially as climate change makes natural disasters more frequent and devastating.
By Kay Dervishi and Yesica Balderrama
James Irvine Foundation Awards $35 Million to Support Workers in California
Plus, the Semiconductor Research Corporation gave $250 million to a consortium of seven U.S. universities for microelectronics research, and the Robert Wood Johnson Foundation committed $5 million to support studies focused on gun violence.
By M.J. Prest
Senior Editor, Solutions
A Family Fund’s Response to the Racial Reckoning: Give All Its Assets to One Black-Focused Nonprofit
A Baltimore foundation gave nearly all of its $1 million in assets to resuscitate a nonprofit newspaper. Its goal: to put the money in the hands of a Black-led charity and counter the idea it’s enough just to give to racial-equity organizations
By Alex Daniels
Senior Editor, Foundations
The grassroots grants came from Co-Impact, a group supported by Melinda French Gates and MacKenzie Scott, among others, while the Mellon Foundation donated $11 million for a cultural center to memorialize the history of slavery in Richmond, Va.
By M.J. Prest
Senior Editor, Solutions
Program-Related Investments: One Way Foundations Support Charities Without Donating Money
Most U.S. foundations seek to preserve the money that funds their grants and operations for the long term. They accomplish this by not giving away more money than they earn as returns on the assets held in their endowments.
By Jessica Jones
Contributor
4 Big Foundations Pool $90 Million for Global Workers-Rights Partnership
Also, Michigan Medicine received $50 million for its new hospital, and three companies made grants to support the Smithsonian Institution’s forthcoming American Women’s History Museum and National Museum of the American Latino.
By M.J. Prest
Senior Editor, Solutions
Howard Hughes Medical Institute Commits $60 Million to Diversify Science Education
Also, the Ewing Marion Kauffman Foundation grants $50 million for credentialing and career training in Kansas City, and Wells Fargo Foundation awards $22.5 million to close racial gaps in homeownership in three U.S. cities.
By M.J. Prest
Senior Editor, Solutions
Bezos Day 1 Families Fund Awards $123.5 Million for Homelessness Prevention
Also, the Bill & Melinda Gates Foundation committed $75 million to boost enrollment in higher education among students in Washington State, and the ClimateWorks Foundation will give $21.5 million to address fertilizer’s effect on climate change, food security, and energy.
By M.J. Prest
Senior Editor, Solutions