How are America’s wealthiest young people stacking up when it comes to giving? We drill into the philanthropy records of the 13 billionaires who rank among the richest 400 Americans and find a mixed picture.
Since 2015, the consulting group has been engaged in a research-fueled campaign to convince wealthy donors to make more “big bets” for social change. How successful has this effort been? And why is this puzzle so difficult to solve?
Forbes has released its list of the 400 richest Americans, and it includes a “philanthropy score” for each. What does the scoring tell us about the state of giving among the ultra-wealthy? We dig into the numbers to find out.
Despite increased attention to gender equity, a new index finds that U.S. women’s and girls’ groups receive just a tiny sliver of overall charitable donations. Which issues receive the most support? And why is giving in this space so lackluster?
Finance veteran Scott Krase and his family launched a foundation in 2017 that’s focused on making charity more direct, customizable and impactful. We hear about what motivated the venture and how it’s going so far.
For years, a small band of grantmakers has seen the power in asking people closest to the problems to make funding decisions. New research suggests participatory grantmaking is gaining traction, and holds potential solutions to deep problems in philanthropy.
It has been 400 years since slavery began in the U.S. How can funders address slavery’s many legacies, like the racial wealth gap? What should a foundation with historic ties to slavery do? How can funders support black-led change?
Between horrific scandals and critical books, scrutiny of philanthropy and the donor class is surging. A new report looks at how the sector might respond, with a big focus on communication and transparency. Does it go far enough?
In an era of intense political conflict, donors are increasingly looking beyond c3 organizations, pouring record amounts of money into 501(c)(4)s. The trend is reshaping nonprofit advocacy and scrambling how organizations operate.
Every two years, the Carnegie Medal of Philanthropy is bestowed on a select group of ultra-wealthy donors at an elaborate gala. Does this program accomplish anything—or just stroke the egos of people who already get plenty of attention?
Even the most generous and effective funders are part of a plutocratic system that operates at odds with egalitarian ideals. So what if instead, we held the sector accountable based on how well it shifts power in society—and out of its own hands?
As foundations step up efforts on diversity, equity and inclusion, they’re often overlooking the operations side of their work in areas like IT. Two guest contributors explain the risks of this blindspot and how can foundations do better.
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?
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?
Many foundations do not accept unsolicited grant proposals, making it harder for smaller nonprofits, especially those representing communities of color, to get a hearing. Here’s how some funders are trying to become more accessible.
There are many reasons the right is ascendant and conservatives now dominate the Supreme Court. But one part of the story is the abject failure of mainstream foundations to fight back against a decades-long attack on everything they cherish.
In 2018, Fidelity Charitable became the country’s largest grantmaker, churning out $5.2 billion in grants to 142,000 nonprofits. That’s big money. Where did it go? And what does the rise of this DAF juggernaut tell us about philanthropy’s changing landscape?
Laura and John Arnold are well known for their foundation’s prolific grantmaking. But the couple has long been engaged in political giving, too. And now they’re bringing these two strategies together in a single organization, Arnold Ventures.
Rob Reich has become one of the nation’s preeminent scholars of philanthropy by asking hard questions about the role of private giving in democracies. In an important new book, Reich deepen this critique. But just where, exactly, do his ideas lead?
Chuck Brown used to spend his days at the Silicon Valley Community Foundation convincing donors to open DAFs. But after seeing how much of this money failed to reach charitable causes, he’s calling for mandatory payouts and other new rules for DAFs.
Many in the philanthropic sector are beginning to grapple with embedded racism in ways that they haven’t before. But experts say that the hard work of turning these conversations into real organizational change has only just begun.
Foundations are coming together more often to pool funds in a drive for greater impact. But guest contributor Hilary Pennington—Ford’s executive vice president—says there are legitimate concerns about this model and it needs to be improved.
Elizabeth and Kevin Phillips found themselves on the leading edge of a seismic shift in giving when the young couple assumed leadership of Kevin’s family foundation. The choices they’ve made offer insights into how “generation impact” thinks.
Generational change is having a growing impact on family philanthropy, with younger board members stepping up to put their own stamp on institutions. The Nathan Cummings Foundation is one place where this dynamic is playing out.
Giving USA’s latest tally of charitable giving offers bad news for nonprofits. But since the 2017 tax law has reduced itemizing, hard data on donations is ever harder to come by—underscoring long simmering questions about these annual statistics.
Over 30 years ago, Echoing Green helped pioneer venture philanthropy with grants to fledgling social entrepreneurs. Today, the group is better funded than ever and has stuck with its distinctive approach to ferreting out young change agents.
A grantee of the Sandler Foundation reflects on how its founder and his family have swum against the worst tendencies of social justice philanthropy, backing organizations with general support and entrusting them as real partners.
Ben Delo is the latest big donor to embrace effective altruism. But in an unusual twist, he’s focusing on catastrophic future threats like climate change. Will Delo’s move prod like-minded givers to tackle complex, long-term problems?
Herb 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.
Borealis Philanthropy, the progressive grantmaking intermediary, has rolled out a new initiative to build up the racial equity training field. The larger goal: helping the nonprofit sector do much more to address the root causes of racial disparities.