Thou Shalt Give: A WeWork Billionaire's Unusual Commitment to Big League Philanthropy

Thou Shalt Give: A WeWork Billionaire's Unusual Commitment to Big League Philanthropy

Adam Neumann’s pre-IPO pledge to give away $1 billion or face penalties underscores the new giving among young entrepreneurs. It also shows how Neumann doesn’t want to be yet another billionaire who doesn’t give fast enough.

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An Early Corporate Leader in Funding LGBTQ Issues Marches On

An Early Corporate Leader in Funding LGBTQ Issues Marches On

The Levi Strauss Foundation, an early funder in the fight against HIV/AIDS, continues to step up in changing times, meeting a roll-back of hard fought gains in the areas of diversity and inclusion with expanded support for the trans community. 

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Systemic Solutions: How a Venture Funder Wants to Invest at a Deeper Level

Systemic Solutions: How a Venture Funder Wants to Invest at a Deeper Level

Venture philanthropy has always been about scaling what works, with a focus on measurable outcomes. But New Profit wants to take a different approach with a new funding initiative aiming for systems-level change. What does that look like?

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Giving to Teach Trade Skills, a Donor Zeroes in on an Overlooked Ladder to Opportunity

Giving to Teach Trade Skills, a Donor Zeroes in on an Overlooked Ladder to Opportunity

Even though electricians, plumbers, and HVAC technicians earn good incomes, many young people steer away from these career paths, and few funders focus on this promising area. The billionaire Eric Smidt is an exception.

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The Queen of Vegas: A Billionaire Giver Focuses on At-Risk Youth and the Arts

The Queen of Vegas: A Billionaire Giver Focuses on At-Risk Youth and the Arts

The Wynn name literally looms above Las Vegas and billionaire Wynn Resorts co-founder Elaine Wynn is one of America’s richest women. Now, well into her 70s, she is stepping up her giving through a foundation that works in several areas.

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Live by the Donor, Die by the Donor: Takeaways From the Demise of a Nonprofit News Outlet

Live by the Donor, Die by the Donor: Takeaways From the Demise of a Nonprofit News Outlet

The shuttering this month of Pacific Standard, an award-winning media site, is particularly alarming because it did everything right. But its fatal weakness is one shared by many other nonprofits: overreliance on a single benefactor.

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Filling Critical Gaps, a Foundation Looks to Realize the Promise of Opportunity Zones

Filling Critical Gaps, a Foundation Looks to Realize the Promise of Opportunity Zones

The 2017 tax law included the most important new program to spur urban revitalization in decades. But it’s lacking in transparency and accountability. Kresge has been working to fix that and ensure the law achieves real impact.

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In Past Ties Between Leslie Wexner and Jeffrey Epstein, Troubling Questions About Elite Philanthropy

In Past Ties Between Leslie Wexner and Jeffrey Epstein, Troubling Questions About Elite Philanthropy

Jeffrey Epstein is dead, but mysteries remain about his financial ties to business mogul and mega-philanthropist Leslie Wexner, including large transfers between the foundations of the two men. What should other donors learn from this mess?

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Going Global: A Funder Expands Efforts to Foster Public Understanding About Religion

Going Global: A Funder Expands Efforts to Foster Public Understanding About Religion

The Lilly Endowment has long held that greater public understanding of religion can boost “civic well-being.” That idea is behind a new multimillion-dollar initiative to improve news coverage of the world’s major religions.

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A Record Gift to Help Navigate an "Unprecedented Crossroads of Jewish History"

A Record Gift to Help Navigate an "Unprecedented Crossroads of Jewish History"

American Judaism is going through turbulent times, buffeted by generational change and other trends. Which is why two top Jewish foundations are pledging $20 million to scale up an organization known for engaging “hard questions.”

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New Funder-Backed Alliance Advocates for Criminal Justice Reform

New Funder-Backed Alliance Advocates for Criminal Justice Reform

It’s not often you find the Ford Foundation and Koch Industries on the same side of an issue. But criminal justice is one such issue, and both are backing a new policy group focused on advancing reform, along with other prominent funders.

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There's an Institute for That? Behind a $100 Million Gift to Explore the Neurobiology of Compassion

There's an Institute for That? Behind a $100 Million Gift to Explore the Neurobiology of Compassion

The latest in Denny Sanford’s string of big gifts finds the credit card billionaire underwriting a new institute at University of California San Diego to research empathy and reshape medical training to benefit doctors and patients.

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In Boston, a Foundation Sees "Radical Trust" as a Key to Managing Public Places

In Boston, a Foundation Sees "Radical Trust" as a Key to Managing Public Places

Concerns about gentrification are fueling fraught debates over public places at a moment of rising private grantmaking for parks and other civic amenities. The Boston Foundation is looking to expand who’s heard in these conversations.

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From Big Bird to Big Grants: How Sesame Workshop Became a Fundraising Juggernaut

From Big Bird to Big Grants: How Sesame Workshop Became a Fundraising Juggernaut

The 50-year-old story of Sesame Workshop is about a singular focus manifested through an array of evolving approaches. Judging by the two $100 million gifts it’s landed in recent years, the organization’s not-so-secret sauce is really working.

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A Bank’s Gifts for Solar Power in Native Communities Raise Hard Questions

A Bank’s Gifts for Solar Power in Native Communities Raise Hard Questions

Wells Fargo is one of the most scandal-ridden banks in the U.S. It also funds environmental work and Native American communities, among other causes. Its recent gifts for renewable energy underscore major tensions in corporate philanthropy.

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Think Big: Behind a Push to Unlock Billions in New “Catalytic” Capital for Global Development

Think Big: Behind a Push to Unlock Billions in New “Catalytic” Capital for Global Development

Achieving the U.N.’s ambitious Sustainable Development Goals requires unlocking vast amounts of private capital. MacArthur and two other funders have a plan to do exactly that—and take impact investing to a whole new level.

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