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.
Foundations Need to Dig Deeper Into Their Endowments and Give More in 2021
Philanthropic organizations have increased grant making, but often those increases are quite modest. Their approach doesn’t take into account market or social realities.
By David Salem
Contributor
Philanthropy Can Help Americans Understand Why Stomping Out Racism Benefits All
Too often people fear they will lose benefits when others gain. The exact opposite is true, as data proves, so it’s time for foundations to drive that message home.
By Vincent Robinson
Contributor
New Data Show Foundation Assets and Grant Making Rebounded Fully After a Crushing Spring
FoundationMark also revised a previous estimates of grant-making this year, saying it will hold steady at about $85 billion.
By dan.parks
Contributor
Philanthropist Urges Congress to Force More Giving From Donor-Advised-Funds and Foundations
A detailed proposal comes as the pandemic, recession, and growing inequality are raising questions about whether philanthropy is hoarding assets.
By Marc Gunther
Contributor
To Help the Formerly Incarcerated, Support Change at the Intersection of Health and Justice
If philanthropists are genuinely committed to anti-racism, improving public health, and ensuring justice for all, helping formerly incarcerated people integrate successfully into communities is an excellent place to start.
By Paula Thompson and Victoria Palacio
Grant Makers Including Ford Push for Sustained Puerto Rico Recovery Effort
Twenty-one grant makers led by the Ford Foundation and Filantropia Puerto Rico have pledged to redouble their support of recovery efforts in Puerto Rico three years after Hurricane Maria barreled through the island.
By Alex Daniels
Contributor
Lilly Endowment Splits $62 Million Among Every College and University in Indiana (Grants Roundup)
Also, the bank Truist has given $40 million to create a new fund that will support nonprofit community development financial institutions, and the Grainger Foundation has committed $32 million to the U. of Wisconsin at Madison’s College of Engineering.
By M.J. Prest
Senior Editor, Solutions