2 Anonymous Donors Pledge $550 Million to Western Michigan U.
Plus, four universities, an art museum in Israel, and an Ohio medical center received big gifts.
Embracing Feminism Can Change Philanthropy and Create a More Equitable World
Well-known women philanthropists like MacKenzie Scott and Melinda French Gates are showing what’s possible if we move beyond traditional giving approaches. Now we need to expand their approaches on a large scale.
Sens. Grassley and King Push Measure to Accelerate DAF and Foundation Giving
Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.
UVA Lands $50 Million From Billionaire Alums Bruce and Martha Karsh
Plus, University of Illinois at Urbana-Champaign received $45 million from Pampered Chef founder Doris Kelley Christopher.
The Truly Rich Get a Free Pass in New Study of ‘Wealthy’ Donors
A report by Bank of America and the Indiana University Lilly Family School of Philanthropy doesn’t paint an accurate picture of how little the ultra-wealthy actually give.
The Biden administration’s decision to waive intellectual property rights for the Covid-19 vaccine is a remarkable first step toward remaking a monopolistic, profit-driven system that is literally killing people. American philanthropy needs to join the growing global movement to create a new approach.
$10 Million Gift to Boost Economic Opportunities for Chicagoans Harmed by Discrimination
Plus, investor Fred Alger gives Mich. war memorial million for a new cultural center.
Philanthropy Is Missing a Major Piece of the Abortion Puzzle
As we prepare for a world without Roe v. Wade, philanthropy needs to radically shift its funding strategy from a decades-long focus on reproductive rights to a much greater emphasis abortion care and logistics.
Children’s Hospital Receives $25 Million, and Dartmouth Lands $20 Million for DEI in STEM Fields
Plus, the University of California at San Diego Health and the Smithsonian’s National Air and Space Museum both received large gifts.
Providing Clothing to Families Facing Poverty Should Be More Than a Funding Accessory
Those of us in the business of offering free clothes to struggling families receive almost no help from grant makers. But ensuring children have shoes, underwear, and apparel that fits is a basic need worthy of philanthropic support.
New Asian American Foundation Aims to Shift Narratives, Curb Hate Crimes, and Promote Change
Sonal Shah, president of the new organization, says that for too long Asian Americans have been made to feel like outsiders in their own country. With $1 billion in cash or pledges and counting, the group hopes to change that.
UCSF Lands $60 Million From Pritzkers for Mental-Health Programs
Plus, Dana-Farber received $50 million to support pancreatic-cancer research efforts focused on early detection of the disease.
90% of Wealthy Households Gave to Charity Last Year, Study Finds
Three-fourths of rich donors don’t expect the pandemic to significantly change their giving patterns going forward.
Blinded by my class and race privilege, it never occurred to me to probe the organization’s salary structure more closely and provide the support its leaders needed to continue their important work.
Increased AmeriCorps Funding Opens Door for More Philanthropic Investment in Service Opportunities
By combining philanthropic dollars with funds from AmeriCorps and state governments, philanthropy can play a pivotal role in boosting national service. To encourage grant makers to join in this work, the Schultz Family Foundation today is launching a $1 million challenge to match grants of $100,000 to $250,000 to AmeriCorps state service commissions that are working with philanthropy to expand national service.
Microsoft CEO and Wife Give $15 Million to Children’s Hospital
Plus, the U.S. Holocaust Memorial Museum received $5 million from the children of Holocaust survivors, and four other nonprofits land big gifts.