Second Generation: The Daughters of an Early Microsoft Employee Explain Family Giving

Second Generation: The Daughters of an Early Microsoft Employee Explain Family Giving

Indian-born Rao Remala was one of Microsoft’s first employees. He and his wife Satya set up a family foundation, which is now led by their daughters, Srilata and Srilakshmi. Here’s an inside look at the family’s philanthropic journey.

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Corporate Funders Flock to This Community Foundation's Housing Investment Fund

Corporate Funders Flock to This Community Foundation's Housing Investment Fund

More community foundations are getting behind impact investing, often with housing on the agenda. Recently, the Foundation for the Carolinas has attracted major corporate backing with a fund designed to boost affordable housing in the region.

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As Another Big University Gift Goes Wrong, What Are Some Key Takeaways?

As Another Big University Gift Goes Wrong, What Are Some Key Takeaways?

The saga between the University of Alabama and Hugh Culverhouse Jr. ended with the school returning most of his $26.5 million pledge. But the dust-up points to a future in which hands-on donors and schools increasingly wrangle over how gifts are used.

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Take the Risk: Bolstering Health Nonprofits is the Next Stop for Impact Investing

Take the Risk: Bolstering Health Nonprofits is the Next Stop for Impact Investing

As impact investing gains steam, a broader array of foundations are exploring how this strategy can advance their missions. Health legacy funders are the latest to get in on the action, including the Atlanta-based Healthcare Georgia Foundation.

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“The Next Exciting Phase.” What a Big Science Research Donation Says About Higher Ed Giving

“The Next Exciting Phase.” What a Big Science Research Donation Says About Higher Ed Giving

With donors giving big for trendy areas like data science and artificial intelligence, a gift out of Chicago finds the Pritzker Foundation going against the grain. We dig into its $75 million gift earmarked for the nascent field of molecular engineering.

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Beyond Band-Aids: For a Funder Collaborative Taking on Global Poverty, It's All About Changing Systems

Beyond Band-Aids: For a Funder Collaborative Taking on Global Poverty, It's All About Changing Systems

Backed by billionaire donors and the Rockefeller Foundation, Co-Impact launched in 2017 aiming to take a collaborative and systemic approach to global development. With grantmaking now underway, how are these lofty ambitions playing out?

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After Shifting its Strategy, a Foundation Gets Behind Jewish Women Social Entrepreneurs

After Shifting its Strategy, a Foundation Gets Behind Jewish Women Social Entrepreneurs

Faced with tepid growth, the Jewish Women’s Foundation of New York—a funding intermediary—decided to switch things up to focus on backing dynamic and emerging nonprofit leaders. Its new initiative, The Collective, just made a first round of grants

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Dept. of Fine Print: Who Benefits Most When Pharmaceutical Companies Donate Product?

Dept. of Fine Print: Who Benefits Most When Pharmaceutical Companies Donate Product?

Pharma companies donate billions in drugs, with benefits to poor people at home and abroad—but at a substantial cost to the U.S. Treasury. We dig into the tax rules and economics that surround this kind of giving to see who’s really coming out ahead.

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PayPal Gives: What a Silicon Valley Firm is Doing to Help Close the “Opportunity Divide”

PayPal Gives: What a Silicon Valley Firm is Doing to Help Close the “Opportunity Divide”

Like a lot of tech companies these days, PayPal is keen to help diverse young workers build STEM skills, get through college and connect to economic opportunity. So how is the company’s philanthropy playing out? We get an inside look.

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Inside the New Billionaire War on Poverty

Inside the New Billionaire War on Poverty

In the past few years, some of America’s richest mega-givers have backed new work targeting poverty. Who’s giving? What approaches are receiving support? And will these donors eventually take a more systemic approach to fixing an unequal economy?

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Got Ideas for Helping Fix a Broken Probation System? Talk to This Funder

Got Ideas for Helping Fix a Broken Probation System? Talk to This Funder

From gun violence research to pretrial justice reform, Arnold Ventures has been one busy foundation when it comes to criminal justice. Now, with a new initiative aimed at reducing probation revocation rates, the funder shows no sign of slowing down.

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Parting Ways: Why a University Wants to Return a Donor’s $21.5 Million Gift

Parting Ways: Why a University Wants to Return a Donor’s $21.5 Million Gift

Saying that donors can’t dictate campus decisions, the University of Alabama is poised to return a major naming gift for its law school from Hugh Culverhouse, Jr. The move comes amid growing scrutiny of how much influence donors wield over universities.

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From Talk to Action: Behind a Call for Funders to Back Social Movements

From Talk to Action: Behind a Call for Funders to Back Social Movements

The National Committee for Responsive Philanthropy has been a consistent advocate for movement-friendly grantmaking. In a new initiative, it’s examining how funders are (or aren’t) supporting social movements today—and how they could do better.

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Seven Mistakes That New Billionaire Philanthropists Make—and How MacKenzie Bezos Can Avoid Them

Seven Mistakes That New Billionaire Philanthropists Make—and How MacKenzie Bezos Can Avoid Them

With the news that she will give away her $37 billion fortune, MacKenzie Bezos is set up to become one of the world’s biggest philanthropists. IP Editor David Callahan offers a few thoughts about what Bezos can learn from other top donors.

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To Guide Hilton's Global Giving, CEO Peter Laugharn is Drawing on Lessons He Learned in Mali

To Guide Hilton's Global Giving, CEO Peter Laugharn is Drawing on Lessons He Learned in Mali

Since taking the helm of the Conrad N. Hilton Foundation, Peter Laugharn has streamlined its global programs and also sought to send more grants to community-based nonprofits in Africa. We talk to Laugharn about his vision for “localizing philanthropy.”

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Rocky Start: Unpacking the Drama at Craig Newmark’s Tech Watchdog, The Markup

Rocky Start: Unpacking the Drama at Craig Newmark’s Tech Watchdog, The Markup

The fate of a tech watchdog media site seeded with $20 million from the founder of Craigslist, remains murky with the recent departure of two key staffers. How did things unravel so quickly and what must its primary benefactor do next to right the ship?

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To Boost Low-Wage Workers, an Influential Funder Turns to Community Colleges

To Boost Low-Wage Workers, an Influential Funder Turns to Community Colleges

A few years back, the Irvine Foundation reorganized itself to empower California's low-income workers. The latest part of this work aims to rev up a key engine of economic mobility, California’s community colleges, as well as the California State University system.

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The Perils of “Easy Money.” Philanthropy's Role in Amplifying—and Fixing—the Student Debt Crisis

The Perils of “Easy Money.” Philanthropy's Role in Amplifying—and Fixing—the Student Debt Crisis

Robert Smith pledged to pay off the loans of Morehouse College’s graduating class, kicking off a national conversation about student debt. Now, how can philanthropy change the received wisdom about administrative costs, capital expenses and tuition hikes?

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