Billions Flood Into Blue Meridian as It Seeks to Help Innovative Nonprofits
The group is aggregating huge amounts of cash to give patient, no-strings-attached capital — as well as coaching and guidance — to organizations that have developed promising ways to solve social problems.
By Alex Daniels
Senior Reporter
JPMorgan Chase Pledges $400 Million to Expand Affordable Housing for People of Color
Also, the University of Utah has received $110 million for its School of Medicine, and the Wyss Foundation has committed $108 million to protect wildlife and parks throughout Africa.
By M.J. Prest
Contributor
Mellon Foundation Commits $125 Million to Get N.Y. Artists Back on Their Feet
Also, Deloitte will make $75 million in grants to diversify the pipeline of people who seek careers as certified public accountants, and Google.org gave $2 million in honor of Pride Month.
By M.J. Prest
Contributor
HSBC Commits $100 Million to Create Climate Solutions Partnership
Also, Georgia Power has pledged $75 million for racial-equity programs in the state, and the McKnight Foundation will award $1 million in unsolicited grants to social-justice groups in Minnesota in memory of George Floyd.
By M.J. Prest
Contributor
Richard King Mellon Foundation Awards $150 Million to Carnegie Mellon U.
Also, Cisco has committed $50 million to offer scholarships to students at historically Black colleges and universities, and the Annenberg Foundation has given a challenge grant of $25 million to protect wild cougars in Los Angeles.
By M.J. Prest
Contributor
Synchrony Pledges $50 Million to Expand Access to Education and Skills Training
Also, the Ballmer Group awards $38 million to train more behavioral-health specialists in Washington State, and the Chan Zuckerberg Initiative has made its first round of grants toward its $500 million commitment to organizations led by people of color.
By M.J. Prest
Contributor
Joyce Foundation Commits $250 Million for Economic and Racial Equity in the Great Lakes Region
Also, Google and Comcast NBCUniversal have pledged millions in grants in honor of Asian American and Pacific Islander Heritage Month.
By M.J. Prest
Contributor
Grant makers are urging investment managers to vote for corporate board members and proposals that will put pressure on companies to do more to aid people of color.
By dan.parks
Contributor
Rockefeller Heirs Launch Campaign to Block Oil and Gas Development
After putting in $30 million of their own into the fund, the Rockefeller descendants want to raise $100 million to cut off the supply of fossil fuels by supporting legal challenges and protest activities.
By dan.parks
Contributor
Heinz Endowments Commits $30 Million to Center for Shared Prosperity at Carnegie Mellon U.
Also, the Liberty Mutual Foundation gave $40 million to 450 nonprofit groups, and the Mastercard Impact Fund committed $10 million to help contain the current Covid-19 surge in India.
By M.J. Prest
Contributor
Gates Divorce Raises Questions About the Future of Billions in Philanthropic Cash
The split between the billionaire co-founders of the world’s largest private foundation is sure to have very public consequences, with the breakup having already sent a wave of anxious uncertainty through the worlds of philanthropy and community health.
Cisco Foundation Commits $100 Million for Climate Projects and Technology
Also, the Bill & Melinda Gates Foundation and U.N. Foundation will donate up to $5 million through the end of the month for Unicef’s #VaccinesWork social-media campaign.
By M.J. Prest
Contributor
A Philanthropic Drive to Aid Black Women Is Gaining Momentum
The needs of Black women and girls have become a focus of philanthropic efforts as major donors seek to narrow a racial wealth gap and address chronic funding disparities for groups that serve them.
By Haleluya Hadero
Contributor
Peloton Makes First Grants From $100 Million Commitment for Racial Equity and Well-Being
Also, Wayfair has given $20 million to LISC for its Black Economic Development Fund, and the Andrew W. Mellon Foundation gave $1.4 million to Michigan State U. for its Enslaved.org database to document the genealogy of families during the historical slave trade.
By M.J. Prest
Contributor
MacArthur Selects Winner of 100&Change Contest
Also, the California Endowment is giving $100 million to Asian American groups; the Rockefeller Foundation committed $20 million for its Equity-First Vaccination Initiative, and Intel is giving $20 million toward the global recovery from the Covid-19 pandemic.
By M.J. Prest
Contributor
2 Commitments of $100 Million Address Racial Wealth Gaps and Accelerate Covid Research
Plus, see below for more about the gift to address the wealth gap. Also, the Conrad Prebys Foundation awards $78 million in its first round of grant making.
By M.J. Prest
Contributor