A Better Chicago is part of a venture philanthropy world that has exploded since the late 1990s. We connect with its new CEO, Beth Swanson, about her plans as to scale nonprofits with innovative ideas around education and opportunity.
While equity-focused funders are exploring participatory grantmaking to give voice to traditionally excluded communities, the practice has been slow to gain traction in the arts space. MacArthur is helping change that.
Nature-focused legacy institutions like zoos and gardens are finding creative ways to engage the public and appeal to funders, including the billionaire donor class. A major gift to the Chicago Botanic Garden shows this dynamic in action.
More funders are grappling with issues of equity and who gets heard in civic debates. In Chicago, the Field Foundation and the MacArthur Foundation recently launched a new effort to elevate voices from historically marginalized communities.
The Madison Community Foundation is a driving philanthropic force in this part of Wisconsin, but there are also smaller, targeted funders with a strong local focus. One is the Endres Manufacturing Company Foundation, which has a well-established philanthropy program.
News keeps coming of community foundations expanding their use of impact investing, as they look to get more leverage on capital-intensive challenges like housing. The Cleveland Foundation is the latest institution to make a big new move in this space.
Giving circles that mobilize money from African-American communities for work that benefits these communities is on the rise. One example is Sisters’ Circle GKC in Kansas City, which has been growing since its creation in 2016.
Since its creation in 1992, the foundation has been a steady supporter of museums in the Chicago area, but backs other nonprofits as well. Here are a few things to know about the Maurice R. & Meta G. Gross Foundation’s Chicago giving.
Based in suburban Skokie, the Sidney and Lisa Glenner Foundation has consistently maintained a low profile. To help Chicago-area grantseekers know this funder a bit better, here are a few insights about the Glenner’s charitable giving.
Harry S. Black & Allon Fuller Fund has a history of giving that dates back to 1930. But many local nonprofits may not have even heard of this grantmaker. Here are a few things Chicago organizations should know.
The Abel and Judy Friedman Charitable Foundation flies under the radar, but it’s a good one to know for organizations affiliated with the Jewish faith. Here’s a look at how it does its grantmaking.
Investment banker Richard Franke and his wife, Barbara, established a family foundation in the 1990s and are very focused on arts and humanities in Chicago, backing important cultural institutions
This media giant’s corporate funding arm will soon award approximately $2.5 million in 11 regions to support promising local programs addressing community challenges.
The giving circle movement has been growing fast in recent years, drawing in new kinds of donors. A case in point is an effort on the South Side of Chicago that describes itself as a “fierce group of women paving a path of investment into women-of-color-led community initiatives.”
Decades of boom times haven’t just created piles of wealth in the Acela Corridor and on the West Coast. Many big fortunes have also emerged from “old economy” industries in the heartland. A recent gift in Madison, Wisconsin shows how these riches are bolstering local cultural life.
The hedge fund billionaire is one of the biggest philanthropists to emerge from finance in recent years, with wide-ranging interests and money flowing to various causes. What is Griffin, who’s only 50, trying to achieve with his giving?
In Chicago, some funders and civic leaders see transforming the city’s extensive river system as an opportunity to advance environmental goals while also bringing people together in creative ways. The Chicago Community Trust is a key leader of this work.
Male leaders: Curious about how to promote gender equity? The Chicago Foundation for Women lays out a roadmap through its Champions of Change program, and it’s looking for local participants.
This is the 25th year of grantmaking for Vincent and Patricia Foglia of the Foglia Family Foundation. We explore how they stay true to their hometown of Chicago by giving big to local medical institutions.
A growing number of corporate philanthropies are making big commitments to complex, entrenched challenges. The latest example is $55 million in gifts from AbbVie to leading nonprofits working at the nexus of education and poverty.
After years of ramping up his giving to help poor children in Illinois and beyond, billionaire heir J.B. Pritzker spent $171 million to get himself elected governor. What could Pritzker’s win mean for public-private partnerships in the state?
Stefan Edlis and Gael Neeson are in their 90s and 70s, respectively, are still giving away millions, and are now stars of an HBO documentary. How does their giving reflect their love for art, and what else are they backing?
We take a look at the Finnegan Family Foundation, created by Paul and Mary Finnegan, to get a better sense of how this locally focused funder operates in Chicago.
Despite the pervasiveness of domestic violence, this problem has never been high on philanthropy’s agenda. That’s starting to change in Chicago, thanks to a collaboration that includes some of the city’s most prominent foundations.
The Chicago Foundation for Women is a local funder that we follow closely because of its comprehensive approach to gender equity. Here’s how and where this funder has been giving around town lately.
The Obama Foundation is raising a ton of money as the former president builds a platform to advance his longstanding passion for strengthening U.S. democracy and civic life. Where’s all this cash coming from?
In an era when so many K-12 funders aim to transform public school systems, the Chicago Foundation for Education works to help teachers do their jobs better, typically with very small grants. What’s the impact?
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.
The Chicago Community Trust recently selected 30 nonprofits to receive multifaceted support to strengthen management practices, along with a combined $3 million over four years. We explore this unique program.
The giant bank has become a surprising leader in philanthropy's push for inclusive economic growth. We take a deep dive into the backstory—and what JPMorgan brings to the table that's new.