Worry that the gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle the money were largely unfounded. Plus: MacKenzie Scott’s Giving Total Is Now Over $13 Billion
MacKenzie Scott’s Giving Total Is Now Over $13 Billion
Scott released names of more than 1,200 charities that she supported with big gifts over the past seven months.
Retired Blackstone Partner and Wife Give $25 Million for Early-Childhood Health
Plus, a former vice chairman of the Federal Reserve supports a D.C. neighborhood museum. Also, two universities, the National Gallery of Art, and a health-care system in Utah all land big gifts.
To Tackle the Climate Crisis, Philanthropy Needs to Get Religion
Religious groups are taking a leading role in fighting climate change but have gone largely unnoticed by grant makers. As the U.N Climate Conference gets underway this week, now is a good time for donors to recognize the power of religious institutions to mobilize communities to protect the planet.
Plus, Salvation Army of San Diego landed $35 million to expand programs serving people struggling with homelessness, and five other donors gave big gifts to support democracy programs, climate resilience, and medical care.
Anonymous Donor Pledges $500 Million Matching Gift to Small Kansas College
The donor will contribute $2 for every dollar given or pledged to McPherson College by other people through June 30.
4 Ways to Make Donor-Advised Funds Simpler and Fairer
At a time of increased criticism about how the philanthropic world operates, congressional legislation aimed at reining in DAFs needs to go further. Among other things, it should address issues such as the funds’ lack of transparency and their tax advantages over foundations.
Is Philanthropy Taking the Wrong Approach to Addressing Polarization?
Donors have responded to the nation’s growing political divisions by funding projects that aim to build a more pluralistic society. But developing effective solutions to this challenging work requires a clear understanding of what helps — and what doesn’t.
Former Northeastern U. Student Who Dropped Out Gives $25 Million for New Professorships
Plus, the News Literacy Project landed $10 million from Los Angeles philanthropists Melanie and Richard Lundquist to combat misinformation.
A Half-Billion Dollars of Influence: Big Philanthropists and the Midterm Elections
Major charitable donors are becoming political heavyweights, thanks to controversial eight- and even nine-figure contributions.
Conservatives Care About the Climate, Too. Philanthropy Should Stop Ignoring Them.
A growing network of center-right nonprofits is committed to emissions reduction and has the potential to drive durable bipartisan policy solutions to the climate crisis. Grant makers should take a closer look at them.
Growing Public Support for Worker Rights Should be Matched by Increased Philanthropic Giving
As more employees organize and seek a voice in corporate decisions affecting their lives, grant makers have the best chance in decades to address labor-market issues that have long stood in the way of worker equity and opportunity.
Recent federal momentum on addressing hunger and nutrition is an opportunity for grant makers to rethink funding practices that have failed to bring about lasting results.
Plus, Jackie and Mike Bezos gave $710 million to Fred Hutch Cancer Center, and Massachusetts General Hospital got $50 million to expand sickle cell disease research and to support other programs.
Wealthy Donors Want Their Giving to Be Different Than Their Parents’, New Study Says
But 82 percent of parents who give believe their children share their philanthropic goals.
N.J. Entrepreneurs Give U. Penn $50 Million for Autoimmune Research Center
Plus, MacKenzie Scott gave $30 million to the National Alliance on Mental Illness, Sheryl Sandberg gave $3 million to the ACLU to fight abortion bans, and three medical centers received big gifts for medical research programs.