Syracuse U. Gets $75 Million From the Samuel I. Newhouse Foundation
Also, the Center at Sierra Health Foundation is accepting applications for $20 million in grants to help young people battling addiction in California.
Calif. Bill Would Require Greater Disclosure of Donor-Advised-Fund Activity
The legislation could create momentum for national efforts to boost the transparency of donor-advised funds.
Sharon Alpert Set to Leave Nathan Cummings Foundation
Alpert led the grant maker’s move to invest all of its assets in companies that promise a social or environmental benefit in addition to shareholder returns. She will step down by the end of the month.
City Year Receives $13 Million for 8th-Grade Graduation Program (Grants Roundup)
Also, Habitat for Humanity will use $11 million to deliver occupational-therapy services at home, and $10 million from the Ford Foundation will provide free museum admission to Detroit middle-schoolers visiting the Henry Ford.
The next downturn — whenever it comes — will likely be different from those in the past.
Grant makers face an uphill battle to get companies to care about more than financial returns.
Philanthropy Must Stop Fiddling While the World Burns
Climate change poses unprecedented pressures and burdens on philanthropy, says Larry Kramer, who leads the Hewlett Foundation. The stresses will grow exponentially in the coming years, ravaging the lives of generations unless we act to mitigate climate change now.
Why It’s So Hard for Foundations to Influence How Others Give
New approaches are essential for philanthropy to pursue, but grant makers can’t promote change unless they focus on gathering data, showing what change looks like, enlisting the right people to promote an innovation, and getting rid of obstacles.
City College of New York Announces New $290 Million Foundation (Grants Roundup)
Also, Tipping Point Community commits $20 million to improve outcomes for youths who have aged out of foster care in the Bay Area, and Duke Divinity School receives $12 million for Christian leadership programs.
The Year’s Big Stories in the Nonprofit World That Point to Key Changes Ahead
Concerns about tainted money, undue pressure on fundraisers, the inequality gap, and the role of philanthropy in fixing democracy are among the issues we covered in the past year that will continue as major forces in the year ahead.
Facebook Gives Researchers Too Little Data to Complete Project, Donor Says
A foundation-supported partnership with the social-media giant to study the effects of social media on democracy has stalled because the scholars weren’t satisfied with the data Facebook provided, says John Arnold.
Fidelity Charitable Tops Gates Foundation in 2018 Grant Making, Data Shows
Fidelity’s donor-advised funds made a total of $4.8 billion in grants. Gates distributed $4.6 billion during its 2018 fiscal year.
Also, the Lilly Endowment plans to give away $108 million through its Charting the Future for Indiana’s Colleges and Universities program, and Yeshiva University will use $18 million to support its graduate Jewish-education program.
Lilly Surpasses Ford as Nation’s 2nd Largest Grant Maker
Lilly’s endowment is invested mainly in the Eli Lilly pharmaceutical company, which had a strong year in 2018. The Gates Foundation remains the nation’s largest grant maker, with nearly $47 billion in assets.
MacArthur Boosts Amount It Pays for Grantees’ Overhead to 29%
The move stems from a pledge by the Chicago grant maker and four other foundations to help the defray the costs of things like human resources, fundraising, and accounting.