U. of Chicago’s School of Social Work Gets $75 Million
Plus, three colleges and a performing-arts center land big gifts.
The leaders of 65 conservative-leaning philanthropy organizations have urged Congress to reject tax proposals intended to speed up distributions from foundations and donor-advised funds.
Elon Musk Gives $5 Million to Khan Academy
Plus, four small colleges and a university land big gifts
Where MacKenzie Scott’s $4 Billion in Giving Went
The gifts focused primarily on nonprofits with an annual revenue of $10 million to $100 million but also included groups with revenue of less than $1 million and more than $100 million.
Covid-19 has exposed infrastructure inequities in everything from broadband to transportation to clean air and water. It’s time we did something about it.
Retired Tech Executive Gives $10.4 Million for Responsible Technology
Plus, three universities and a mental health foundation land major donations
We Need to Fix Problematic Charitable Giving Laws. The Biden Administration Can Help.
It’s time to overhaul tax laws that favor wealthy white donors, encourage delayed giving, and fail to prevent nonprofit fraud and abuse.
Our Democracy Is Faltering, but We Can’t Rely on Philanthropy to Save It
When private wealth and philanthropy continually come to the rescue, we lose sight of the benefits of a representative democracy in which taxes provide for the common good and elected representatives uphold and respect the democratic process.
Investors Trust the Companies They Support. Here’s How Grant Makers Can Do the Same.
Providing support that helps nonprofits improve their management and finances and removing requirements that divert attention from crucial missions is especially important in the pandemic and social upheaval now challenging nonprofits.
Childhood Experiences at 4-H Drive a Tech Executive’s Giving
Andrew and April Bosworth have made big gifts to the National 4-H Council and the Peninsula Open Space Trust.
S.D. Businessman Gives $90 Million to 3 Human-Services Groups
Plus, Jeff Bezos pledges another $25 million to help those struggling in Washington State, and a community college in Virginia lands $2.7 million.
Philanthropy Can’t Replace Our Broken Government — but It Can Help Rebuild It
The Trump administration’s failures during the pandemic have revealed government’s essential role in protecting the public welfare. Philanthropists should work to restore that role, rather than simply stepping in to try to fill the breach.
Foundations That Want to Support Local Journalism Should Take a Close Look at Alt Weeklies
For relatively small investments, philanthropy could help preserve some of the most important local journalism around—and fend off growing rightwing “news” sites.
Nike’s Phil Knight was No. 2 and Priscilla and Mark Zuckerberg were No. 3 with their donations to secure the safety of the November elections.
Giving Pledge Adds Stephen Schwarzman, William Gross, and 11 Other Billionaires
The Giving Pledge announced Monday that Stephen Schwarzman, William Gross, and 11 other billionaires have committed to giving away at least half their wealth since May of last year, bringing the number who have signed the pledge to 216.