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.
Read MoreMore 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.
Read MoreThe 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.
Read MoreAs 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.
Read MoreWith 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.
Read MoreBacked 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?
Read MoreFaced 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
Read MorePharma 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.
Read MoreHerb Sandler—who passed away today at the age of 87—was emblematic of a cadre of living donors that has been reshaping philanthropy. In this 2015 profile of Sandler, IP editor David Callahan explored his strategies and his record of achievement.
Read MoreLike 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.
Read MoreIn 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?
Read MoreFrom 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.
Read MoreSaying 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.
Read MoreThe 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.
Read MoreWith 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.
Read MoreSince 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.”
Read MoreThere’s growing recognition that women often play the lead role in family philanthropy. But higher ed fundraising practices have yet to catch up with this insight. Two fundraisers at the University of Wisconsin-Madison have been trying to change that.
Read MoreThe 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?
Read MoreA 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.
Read MoreRobert 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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