Nonprofits That Benefited From Michael Steinhardt’s Dirty Money Need to Own Up to Their Complicity
The Manhattan District Attorney’s finding that the philanthropist illegally purchased cultural artifacts offers a stark reminder to nonprofits about the importance of demanding greater accountability and transparency from donors.
By Lila Corwin Berman
Contributor
U. of Wisconsin at Eau Claire Receives $60 Million for New Event Center
Plus, four other universities received big gifts.
By Maria Di Mento
Senior Editor
MacKenzie Scott Is Criticized for Not Providing Details in Latest Round of Gifts
Philanthropy experts expressed concern about the lack of transparency by Scott but said they appreciated signs that she is open to sharing more information about her philanthropy’s results in the future.
By Maria Di Mento
Senior Editor
More Civil-Rights Lawyers Are Needed to Fight Racial-Justice Battles. Philanthropy Can Help.
As the racial reckoning of 2020 plays out in courtrooms and state legislatures, grant makers should embrace a range of strategies, including funding law-school scholarship programs and public-interest centers, to help build a well-trained army of civil-rights attorneys.
Bezos Earth Fund Announces Recipients of Nearly $450 Million
The grants will go to nonprofits that work on climate justice here in the United States and organizations around the world that support forest conservation by local and Indigenous communities.
By Jim Rendon
Executive Editor
Metropolitan Museum of Art Receives $125 Million From Trustee
Plus, Cornell University lands $30 million for its canine health center, and an animal hospital receives $25 million from financier Stephen Schwarzman.
By Maria Di Mento
Senior Editor
Did the U.S. News College Rankings Cost My School Millions in Philanthropic Dollars?
A college ranking guide that rewards wealth and privilege should never be factored into decisions about where to direct philanthropic dollars. Instead, donors should follow MacKenzie Scott’s well-researched and thoughtful approach to giving to HBCUs.
By Walter Kimbrough
Contributor
Philanthropist Couple Urges Wealthy Donors to Give Now
Jennifer and David Risher started the #HalfMyDAF campaign to encourage people to give more from their donor-advised funds. They also support Worldreader, a nonprofit David co-founded to provide books to young people in underserved places.
By Maria Di Mento
Senior Editor
Jackie and Mike Bezos Give $166 Million to NYU Langone Health for Low-Income Families
Plus, the Obama Foundation, University of Notre Dame, the South Florida Science Center and Aquarium, and other nonprofits received big gifts.
By Maria Di Mento
Senior Editor
Bezos Makes Gifts to Obama Foundation and NYU Medical Center
Former President Barack Obama’s foundation has received a $100 million donation from Amazon founder Jeff Bezos. which it says is the largest individual contribution it has received to date. Also New York University’s medical center said Monday it has received a $166 million gift from Bezos and his family.
Local Foundations Need Solid Local Journalism if They Hope to Advance Their Missions
Local philanthropic funding can transform journalism in a community, but too few donors make the connection between the issues they care about and maintaining vibrant newsrooms in their cities and towns.
By Josh Stearns and Teresa Gorman
Salk Institute Lands $100 Million From Qualcomm Founder
Plus, the Baltimore financier Bill Miller gave $50 million to the Santa Fe Institute to expand its work in complex systems science, and Mike and Maria Repole gave $50 million to the Memorial Sloan Kettering Cancer Center.
By Maria Di Mento
Senior Editor
The Va. Race Shows Why Philanthropy Can’t Tune Out Voter-Engagement Groups When Major Elections End
Grassroots organizations need robust, year-round funding to do the consistent work necessary to solve problems in communities, change lives, and keep voters engaged.
By Nsé Ufot
Contributor
Major Donor Liesel Pritzker Simmons Demystifies Impact Investing
The co-founder of the impact investing firm Blue Haven Initiative says impact investing can work hand-in-hand with market-based approaches to social issues. Plus, see a Chronicle essay about Pritzker Simmons.
Colin Powell’s Nonprofit Legacy: a Belief in America’s Promise
In the course of his life, Powell was a volunteer and mentor to young people of color. Through his nonprofit organization, America’s Promise Alliance, his ideas about how to help children and young people thrive were put into practice on a large scale.
By Leslie Lenkowsky
Contributor
Ariz. Real-Estate Magnate Pours Holdings Worth $129 Million Into Community Foundation
Plus, a nonprofit journalism group receives $50 million to launch a new online publication, and three universities and a park in Tennessee receive big gifts.
By Maria Di Mento
Senior Editor