Vertex Pharmaceuticals announced a 10-year, $500 million commitment to corporate giving, including creating a new foundation. At least $50 million of that will be going to STEAM education in Boston.
The humanitarian crisis in Puerto Rico hasn't generated a very strong response from philanthropy. Which is why a funding effort in Massachusetts that's raised badly needed relief money stands out.
The Boston Foundation has been hammering away at workforce challenges for years and shows no signs of letting up, even though it also has a lot of other balls in the air.
A majority of the Barr Foundation's grants go toward education, climate and the the arts. However, some grants also fall outside these categories. What does that money go?
The nation's top donor-advised fund, which made a staggering 849,000 grants in 2016, has crunched its data to analyze what giving looks like in different regions of the U.S. It's worth paying attention.
The Boston Foundation has a grant program that lets staff members vote on a deserving local nonprofit. Here's how that works and the types of groups that tend to catch the staff's attention.
Mini-grants, which are often in the range of $250 to $2,500, have an important place in institutional philanthropy, even though you don't hear much about them.
There are a number of law firm foundations that are worth watching closely, especially in New York City and Boston. Brown Rudnick Charitable Foundation is one of them. Where do its grants go?
LGBTQ seniors outside of cities face isolation and risk of depression due to the lack of community and resources available to them. Some local health funders are stepping up to help.
The Ruderman Family Foundation isn't the only Boston funder charging hard lately on disability. Steven P. Rosenthal has also been stepping things up in this niche funding area.
The Tufts Health Plan Foundation has stepped up to the plate for affordable housing in Boston. But it focuses on a niche demographic that's often overlooked in the shuffle: the elderly.
Grantmaking for summer jobs doesn't seem to be a high-leverage strategy for funders. But if you look past the feel-good vibe, you'll often find a larger agenda on workforce development.
Once considered just another Jewish funder, Ruderman Family Foundation has emerged as a leaderin the field of disability inclusion. Here's what RFF is doing locally in Boston—and nationally and globally..
With more local funders backing LGBTQ work, we look at an endowed fund that's been ramping up its giving over the past four years. Where's the money going?
Here's a sweet deal: The Cummings Foundation in Boston will make annual grant disbursements to top grantees for undefined extended periods of up to a decade—without making them apply for renewals.
After some serious listening, two of the biggest names in Boston philanthropy came together to support live arts performances and public art in a big way.
Many people who've watched family members struggle with problems like heroin addiction guard their privacy. Which is why a recent $25 million gift for addiction medicine is unusual—and important.
Hollywood TV producer Thomas C. Werner's philanthropy not only involves Boston and Los Angeles, but several other cities in the U.S. We take a look at this family's multiregional giving.
Former Highland Capital Partners Managing Partner and Boston Celtics CEO Wyc Grousbeck focuses his health philanthropy on issues of sight and vision. We tell you the deeply personal reasons why and what the financier supports.
The success of the Pledge 1 Percent campaign shows how philanthropy norms are spreading rapidly in tech startups and early-stage companies, including at the local level. Here's how it's happened.
Yawkey has a legacy in Boston as a big supporter of youth sports and education for underprivileged kids. But lately, this foundation has been known for something quite a bit different.
An unexpected donation estimated at $28 million is set to push The Boston Foundation over the top and endow it with even greater giving capacity. Get ready local education groups, it's coming your way.
The Boston Foundation is not the first funder in Boston we might think of as leading the pushback to a Trump agenda. But last month it came forward with emergency grants for vulnerable groups.
In discussions about Boston philanthropy, two names come up over and over again: The Boston Foundation and the Barr Foundation. We take a comparative look at these top players.
The Boston Foundation recently announced the 2016 winners of a collaboration competition. This year’s challenge focused on uplifting youth voice and strengthening racial and community connections in the city.
Attorney General Healey announced a statewide grant fund for local programs geared toward opioid abuse education and prevention. A corporation is footing the bill.
When GE relocated to Boston with controversial tax breaks, it promised millions in new giving. One problem that immediately caught GE's attention was the devastation wrought by opioids.
It's a perennial tension at foundations: Stay laser-focused on key priorities or be more opportunistic. Here's how one funder is squaring the circle.