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Philanthropists

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Philanthropy Must Never Forget What the Pandemic Taught Us About How to Support Public Health

Philanthropy Must Never Forget What the Pandemic Taught Us About How to Support Public Health

During the past two years, reaching marginalized people with information about Covid-19 has required giving grantees the freedom to use creative and unorthodox strategies. Grant makers must continue to trust these local nonprofits to lead such work and avoid returning to their old tightly controlled practices.

Chicago Financier Ken Griffin Gives $40 Million to N.Y. Museum

Chicago Financier Ken Griffin Gives $40 Million to N.Y. Museum

Plus, the Atlantic Council and six other nonprofit institutions received big gifts.

I Apologize for My Inartful Language but Not for My Proposal to Address Homelessness

A nonprofit leader agrees that he could have chosen different words to describe his plan for helping those who are unhoused.

How MacKenzie Scott’s $12 Billion in Gifts to Charity Reflect an Uncommon Trust in the Groups She Supports

How MacKenzie Scott’s $12 Billion in Gifts to Charity Reflect an Uncommon Trust in the Groups She Supports

Scott has emerged as the most notable practitioner of trust-based philanthropy — the notion that there should be fewer strings attached to donations and that reporting requirements and other expectations that often come with grants from foundations can be excessive.

Corrupt Financial Systems Help Russian Oligarchs and Hurt Ordinary People. Philanthropy Must Do More to Support Change.

Corrupt Financial Systems Help Russian Oligarchs and Hurt Ordinary People. Philanthropy Must Do More to Support Change.

Money laundering doesn’t just make it harder to sanction Vladimir Putin and his cronies for the invasion of Ukraine. It depletes countries of funds needed to address the social problems that grant makers care about. There is no better time for philanthropy to do more to promote change.

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The Latest of MacKenzie Scott’s $12.3 Billion in Giving Shows Strong Support for Equity

Some of the recipients of her philanthropy have included Habitat for Humanity, Planned Parenthood, and Boys & Girls Clubs of America.

Philanthropy Helped Reduce Institutional Placements for Foster Kids. Now Many Have Nowhere to Go.

Philanthropy Helped Reduce Institutional Placements for Foster Kids. Now Many Have Nowhere to Go.

Good philanthropic intentions fueled efforts to severely limit the number of foster children placed in group settings. But the movement has gone too far. More such facilities are needed for kids whose mental and behavioral challenges make placing them with families extremely difficult.

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Why Philanthropy’s ‘Free College’ Programs Don’t Always Live Up to Their Promise

New college scholarship programs aim to do what’s proved elusive so far: generate benefits for communities as well as students.

Airbnb Co-Founders Pledge $10 Million for Their Charity’s Ukraine Efforts

Airbnb Co-Founders Pledge $10 Million for Their Charity’s Ukraine Efforts

Plus, MIT lands $100 million from the Chan brothers, and five universities and the Rhode Island Foundation all received big gifts.

MacKenzie Scott Gives Boys & Girls Clubs of America $281 Million

MacKenzie Scott Gives Boys & Girls Clubs of America $281 Million

The charity’s national office will receive $25 million. The remainder will be divided among 62 local Boys & Girls Clubs, chosen by Scott and her advisers.

Donating to Ivy League Schools Is Ineffective and Unnecessary, and It Reinforces Inequality

Donating to Ivy League Schools Is Ineffective and Unnecessary, and It Reinforces Inequality

If donors genuinely want to support higher education, they should consider sending their funds to the institutions that really need it — those that promote economic and social mobility.

Actors Mila Kunis and Ashton Kutcher Give to Help Ukrainian Refugees

Actors Mila Kunis and Ashton Kutcher Give to Help Ukrainian Refugees

Plus, the billionaire novelist MacKenzie Scott gave $10 million to help refugee children continue their education, Barnard College landed $55 million to prepare women for STEM careers, and three other nonprofits received large donations.

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Wealthy Donors of Color Talk About What Motivates Their Giving in New Report

Interviews indicate that their personal experiences — completing higher education, experiencing racism, and grappling with economic inequality — influence their giving priorities.

Philanthropy Transcended Political Polarization to Help Pass an Expanded Child Tax Credit. It Can Do It Again.

Philanthropy Transcended Political Polarization to Help Pass an Expanded Child Tax Credit. It Can Do It Again.

The success of the Child Tax Credit, despite current setbacks, shows why grant makers need to break out of their ideological bubbles and help the left and right find common ground on social-policy issues.

How Can Philanthropy Curb Climate Change?

Donors are pouring billions into saving the planet as activists demand more money and influence and question foundations’ policy solutions.

Let’s Stop the Destructive Practice of Focusing on the Needs of Donors Instead of Grantees

A foundation executive is concerned about recent coverage of the priorities of big philanthropists.