Gates Announces $158 Million Effort to Address Poverty in the United States
The foundation says it hopes the data-driven effort will attract experts and other heavyweight grant makers to join in a collaboration to address an issue that affects 40 million Americans.
Grants Roundup: Citi Foundation Gives $20 Million for Urban Economic Renewal
Also, a diabetes-research network gets a $15 million boost, and Heifer International receives $3 million from Walmart to help Mexican farmers get top dollar for sustainably sourced food.
New Resource Aims to Help Foundations Assess Power Inequities
The guide produced by the National Committee for Responsive Philanthropy with help from a broad-based advisory committee invites grant makers to examine their relationship with the communities they serve and their commitment to social justice and systemic change.
Grants Roundup: Rock & Roll Hall of Fame Drums Up $10 Million
Also, the Gates Foundation pledges an additional $71 million for malaria research, and the MacArthur Foundation is offering more than $24 million in grants to Chicago arts institutions.
A Star Performer Created a ‘Toxic Culture’ at the Silicon Valley Community Foundation, Say Insiders
An investigation is looking into reports of bullying, sexual comments, and an oppressive office culture.
Grants Roundup: Akamai Commits $50 Million to Boost Math Programs
Also, Audubon nets $10 million for grass-roots climate-change activism, and the Laura Bush Foundation for America’s Libraries is offering $1 million in grants for school libraries damaged in last year’s natural disasters.
Daily News Roundup: Bloomberg Aims to Speed Up the Demise of Coal Mining
In other news, the head of American Atheists has been suspended after a complaint that prompted an investigation; Texas A&M has raised $3 billion of its $4 billion campaign goal; the Rockefeller art collection could top $1 billion at auction; the Smithsonian Institution has will work with the Victoria and Albert Museum on a joint gallery and exhibition space in London; and much more, including articles on charities and politics.
Foundations Are Often to Blame for Charities’ Financial Emergencies
A shift in funding strategy, discontinued grants, or even changes that seem like a routine inconvenience to a grant maker — like a few months’ delay in promised money — are often the cause.
Grants Roundup: Houston Zoo Nets $50 Million for New Habitats
Also, the Los Angeles Clippers Foundation has given $10 million to renovate hundreds of public basketball courts, and a Cincinnati hospital gets $5 million to grow human tissue and organs from stem cells.
TED Organization Leads New $250 Million Bet on ‘Thrillingly Bold’ Philanthropy
See the winners of the Audacious Project, which is distributing money among five grantees with proposals “that will take your breath away,” according to one of the project’s leaders.
Grants Roundup: Drug Company McKesson Pledges $100 Million to Fight Opioid Abuse
Also, the tech company Cisco commits $50 million to end chronic homelessness in Silicon Valley, and the Kendeda Fund gives $5.3 million for investigative reporting on America’s gun culture.
Fidelity Charitable Says $1 Billion in Grants Distributed So Far This Year
The donor-advised-fund sponsor says grant making from its accounts topped the milestone faster than ever this calendar year, with 62,000 charities receiving donations.
Hewlett Commits $10 Million to Study ‘Fake News’ on Social Media
The grant maker hopes that researchers studying Facebook, Twitter, and other social-media sites can uncover ways to curtail the flow of false information that’s hurting democracy.
Donor Lawsuits Highlight Need to Tread Cautiously With Gift Agreements
Legal action can rear its ugly head if donors and recipients aren’t clear in their expectations. Experts offer tips on how to avoid problems.
Grants Roundup: Mastercard Commits $100 Million to Jobs Program in Africa
Also, Microsoft gives $1.8 million to upgrade technology, services, and training for military veterans who volunteer in disaster zones.
Nonprofits Score Victories in Budget Bill on Politicking Ban and Spending
The measure would boost funding for opioid treatment and a wide array of other health and education programs that finance nonprofits and the people they serve.