Silicon Valley’s Megawealthy Join to Raise $100 Million for Local Charities
Six foundations are behind a push to vet organizations that can alleviate homelessness, hunger, and other problems afflicting the poor.
By MARC GUNTHER
Contributor
Salesforce Pledges $17 Million, and Carnegie Mellon U. Gets $35 Million (Grants Roundup)
Also, the PwC Charitable Foundation is giving the Trevor Project $6 million to help LGBTQ youths in crisis.
By M.J. Prest
Senior Editor, Solutions
Local Economy Is Top Driver of Decisions at Smaller Foundations
A survey from Exponent Philanthropy also found that natural disasters and the political climate were not important decision-making factors for most leaders of foundations with few staff members.
By dan.parks
Contributor
U. of Texas at Austin Gets $130 Million Boost From Moody Foundation (Grants Roundup)
Also, the University of Pennsylvania’s Law School receives $125 million from the W.P. Carey Foundation, and Apple gives $50 million to address homelessness in Silicon Valley.
By M.J. Prest
Senior Editor, Solutions
$1 Billion in Grants Will Support 4 Research Institutions
The Cleveland Clinic, Duke University, Massachusetts Institute of Technology, and University of Southern California have each received an equal share through a group of foundations set up by Tom Lord, a businessman who died in 1989.
By Alex Daniels
Contributor
Nonprofits Spent $504 Million on Disaster Relief in 2017, Report Says
The report, from the Center for Disaster Philanthropy and Candid about spending in 2017, found that only 4 percent was allocated for preparedness, resilience, risk reduction.
By dan.parks
Contributor
How Foundations Can Grapple With the Reality That Their Wealth Was Accumulated Unjustly
Two foundations take different approaches to correct the power imbalance between philanthropy and the people they serve by ensuring that their hiring, board recruitment, and grant making reflect their values and beliefs.
Waitt Foundation Commits $150 Million to Protect 1 Million Square Miles of Ocean (Grants Roundup)
Also, Rotary has pledged $50 million for polio-eradication efforts worldwide, and J.P. Morgan has promised $25 million to help young people in India develop job skills.
By M.J. Prest
Senior Editor, Solutions
A Call to Grant Makers: National Progress is Impossible Without Southern Progress
The South has some of the fastest-growing states and is foreshadowing the demographic changes that will reshape America in coming decades. But the enduring history of slavery means it takes special effort from philanthropy to make a difference.
By TYLER NICKERSON and Amalgamated Bank
We Can Heal Divides by Focusing Americans on Their Shared Goals
Too often though foundations don’t understand what investments will make a difference. Here’s a guide to how to reimagine collective action.
Clotilde Dedecker used her organization to convene talks about racial equity and brought a powerful education ally to the city. The results: an impressive spike in graduation rates and an influx of new jobs.
By Ben Gose
Senior Editor
Carnegie Corporation Urges Fellow Grant Makers to Support Voting Rights
With a huge voter turnout expected next year, a new report lays out the need to support litigation, policy research, and advocacy to make it easier to register and to vote.
By Alex Daniels
Contributor
How to Redistribute Power Between Grant Makers and Charities
A new approach gathers local nonprofits to get together to decide how to divvy up a pot of money among themselves.
By KELLEY BUHLES
Contributor
Community Foundations Plan Responses to Mass Shootings
“You know, random acts of violence never crossed my mind,” says one leader, but the times have changed. Community foundations are exploring ways to raise money and get it where it needs to go, fast.
By Alex Daniels
Senior Editor, Foundations
Also, Walgreens commits $25 million for research on metastatic breast and pediatric blood cancers, and the United Way of Metro Chicago receives $10 million to revitalize 77 neighborhoods.
By M.J. Prest
Senior Editor, Solutions
‘Color Blind’ Assessments of Grant Proposals Don’t Work. Here’s a Better Idea.
The Nonprofit Finance Fund is releasing a guide today to give practical steps grant makers can take, and as a former foundation program officer, here’s what I realize I should have done differently.
By Antony Bugg-Levine
Contributor