Editor’s Note: This article was originally published on June 18, 2024. In a March piece in the New York Times, David A. Fahrenthold and Ryan Mac reported that Elon Musk’s Musk Foundation did not meet the IRS requirement to distribute 5% of the fair … [Read more...] about Many Large Private Foundations Fail to Pay Out 5% of Assets. Here’s Why
Walton Family Foundation
One Organization’s Quest to Forge a Civic Path Out of the Culture Wars, and Rally Funders
Who’s Funding Efforts to Bring Climate Narratives to the Big Screen?
Funding for a Better Farm Bill Has Been Sparse and Inconsistent. Is That Changing?
The Latest in a Life of Firsts: Carnegie President Louise Richardson Talks About Her Role
Dame Louise Richardson was the first woman to lead the University of St. Andrews, the first woman head of Oxford University, and as of January 2023, the first woman president of the Carnegie Corporation of New York. Richardson came to the role after … [Read more...] about The Latest in a Life of Firsts: Carnegie President Louise Richardson Talks About Her Role
How Do Grantmakers Get Started On Climate? Here’s How One Human Rights Funder Began
Sandra Nathan packed all wrong for the climate training. She arrived in Oxford last September for an organization-wide meeting with a suitcase full of sweaters to cope with the fall chill. Yet temperatures were in the mid-70s nearly all week — and … [Read more...] about How Do Grantmakers Get Started On Climate? Here’s How One Human Rights Funder Began
A Conversation with Anne Kraybill, New CEO of the Art Bridges Foundation
In January, Anne Kraybill became the new head of the Art Bridges Foundation, which was established in 2017 by Alice Walton, arguably the nation’s most important arts philanthropist, to expand access to American art. Seven years, a pandemic and a … [Read more...] about A Conversation with Anne Kraybill, New CEO of the Art Bridges Foundation
What Is Going on in Education Philanthropy? Here Are the Currents Shaking Up the Field
Editor’s Note: This is the second in a two-part series about a wave of disruption in the world of education philanthropy. In the first installment, we took stock of changes underway at major K-12 funders and how it’s impacting grantees. Here, we … [Read more...] about What Is Going on in Education Philanthropy? Here Are the Currents Shaking Up the Field
What Is Going on in Education Philanthropy? Cutbacks and Shifting Strategies Disrupt the Field
Editor’s Note: This is the first in a two-part series about a wave of disruption and uncertainty in the world of education philanthropy. Here, we look at changes underway at major K-12 funders and how it’s impacting grantees. In the second … [Read more...] about What Is Going on in Education Philanthropy? Cutbacks and Shifting Strategies Disrupt the Field
Backed By Sergey Brin, the Newest Force in Parkinson’s Research Looks to Speed Cures
These are exciting times for Parkinson's disease research, driven in large part by a relatively new philanthropic force, Aligning Science Across Parkinson’s (ASAP). The organization was established in 2019 by Google cofounder and centibillionaire … [Read more...] about Backed By Sergey Brin, the Newest Force in Parkinson’s Research Looks to Speed Cures
Bloomberg Backs New High Schools Tailored to Boost the Healthcare Workforce
Bloomberg Philanthropies just unveiled a $250 million initiative to “graduate students directly into high-demand healthcare jobs” by standing up new high schools specifically focused on that task. It’s simultaneously aiming to address health system … [Read more...] about Bloomberg Backs New High Schools Tailored to Boost the Healthcare Workforce
By the Numbers, Google Founders’ Philanthropies Are Now Peers to Legacy Giants
Nearly two decades have passed since Google went public and its founders officially joined the billionaire class. Now, a new set of filings show that their philanthropy is starting to rival, at least by the numbers, that of some of the largest and … [Read more...] about By the Numbers, Google Founders’ Philanthropies Are Now Peers to Legacy Giants
With Food Systems in the Spotlight at COP28, Philanthropy Tries to Build Momentum
This year’s United Nations climate change summit is putting food and agriculture center stage for the first time, and foundations have helped organize a flurry of announcements to make the most of the moment.Dozens of philanthropies have signed onto … [Read more...] about With Food Systems in the Spotlight at COP28, Philanthropy Tries to Build Momentum
The 50 Most Powerful Women in U.S. Philanthropy
Three Key Green Giving Trends Underlined by New Ocean Funding Report
Can we humans save the ocean from ourselves? Last year’s United Nations biodiversity summit took a big step toward that goal, with nations agreeing to protect 30% of the world’s oceans and land by 2030, formalizing the pact known as 30x30. But the … [Read more...] about Three Key Green Giving Trends Underlined by New Ocean Funding Report
A Cross-Sector Coalition Raises Nearly $1 Billion to Tackle Racial Wealth Inequality in the Twin Cities
With the 2020 police murder of George Floyd and the massive uprising that followed it, Minneapolis and its twin city St. Paul gained an association with systemic racism in the U.S. and the simmering rage that racism has inspired. Last month, a … [Read more...] about A Cross-Sector Coalition Raises Nearly $1 Billion to Tackle Racial Wealth Inequality in the Twin Cities
The Paul G. Allen Foundation Gets Behind a Youth-Led Campaign to Boost Civic Engagement
Many adults today fret about civic and voter engagement among younger people, pointing to their disaffection from politics and low turnout at the polls. But Jacob Merkle sees something different when he thinks about young people in America: an … [Read more...] about The Paul G. Allen Foundation Gets Behind a Youth-Led Campaign to Boost Civic Engagement
How This Nationwide Matching Gift Campaign Galvanizes Support for Nonprofit News Outlets
In a recent chat, outgoing Institute for Nonprofit News (INN) President and CEO Sue Cross said that when she assumed the role in 2015, most newsrooms were started by journalists with minimal nonprofit management experience. Now, in a testament to … [Read more...] about How This Nationwide Matching Gift Campaign Galvanizes Support for Nonprofit News Outlets
What Else Happened During Climate Week? More Big Developments to Note
You may have heard that a few things happened in New York two weeks ago.“Climate Week” may still exist as a branded phrase — The Climate Group organizes the lion’s share of events under its Climate Week NYC banner — but it increasingly seems like the … [Read more...] about What Else Happened During Climate Week? More Big Developments to Note
Bill Gates’ Climate Outfit Is Now Among the Top Green Grantmakers. What Is it Funding?
Editor's Note: This article was originally published on August 2, 2023. Bill Gates’ investment and advocacy platform Breakthrough Energy became one of the country’s top green grantmakers in 2021, its first full year making grants, moving more than … [Read more...] about Bill Gates’ Climate Outfit Is Now Among the Top Green Grantmakers. What Is it Funding?
A Big K-12 Funding Push Seeks to Create More Pathways to Career Success
COVID-19 was tough on the U.S. education system, and it faces ongoing challenges as the pandemic ebbs. Along with widespread learning loss, an alarming number of students are exhibiting deteriorating mental health; teacher shortages are common, and … [Read more...] about A Big K-12 Funding Push Seeks to Create More Pathways to Career Success
Five Things to Know about Walton Family Foundation’s New Executive Director
The flagship foundation of America’s richest family has a new leader. Stephanie Dodson Cornell, a serial social entrepreneur who most recently worked at Draper Richards Kaplan Foundation, was announced last week as the Walton Family Foundation’s new … [Read more...] about Five Things to Know about Walton Family Foundation’s New Executive Director
These Third-Generation Walton Heirs Have Been Pumping Big Bucks Into Their Foundations
Editor's Note: This article was originally published on July 17, 2023. Three third-generation Walton heirs more than doubled their foundations’ assets in 2021, another step toward philanthropic prominence for the younger generation of America’s … [Read more...] about These Third-Generation Walton Heirs Have Been Pumping Big Bucks Into Their Foundations
Six Years and $125 Million Later, Art for Justice Takes a Final Bow
After six years and $125 million allocated to more than 200 artists and advocacy and arts organizations, collector and philanthropist Agnes Gund’s Art for Justice Fund (A4J) will sunset on June 30. The fund’s strategy of combining activism and the … [Read more...] about Six Years and $125 Million Later, Art for Justice Takes a Final Bow
Two Years in, The 1954 Project is Moving the Needle on Funding for Black Leaders in Education
The 1954 Project was created in early 2021, a time of heightened awareness of systemic racism in the United States. George Floyd’s murder at the hands of Minneapolis police had sparked months of protests, and the COVID-19 pandemic revealed sharp … [Read more...] about Two Years in, The 1954 Project is Moving the Needle on Funding for Black Leaders in Education
Seven Questions with Anna Lappé, Incoming Head of the Global Alliance for the Future of Food
When Anna Lappé was in her mid-20s, she published a book with her mother, the celebrated cookbook author, researcher and activist Frances Moore Lappé.Called “Hope’s Edge,” it was based on trips to places around the globe where people were joining … [Read more...] about Seven Questions with Anna Lappé, Incoming Head of the Global Alliance for the Future of Food
This Oceans Funder Has Been Protecting Sharks and Rays for 20 Years. Now It’s Expanding the Fight
There are many creatures in the sea, and most of them are threatened by modern stressors like pollution and plastic waste, habitat loss, ocean warming and acidification and intense commercial fishing. But sharks — along with their cousin … [Read more...] about This Oceans Funder Has Been Protecting Sharks and Rays for 20 Years. Now It’s Expanding the Fight
Collaborative Green Movement Funding Initiative Grows, Looks to Harness Federal Climate Investment
Last year, a group of green funders joined forces to ensure that the torrent of federal dollars from the freshly passed Inflation Reduction Act and the 2021 Infrastructure Investment and Jobs Act would flow in part to the nation’s water systems — and … [Read more...] about Collaborative Green Movement Funding Initiative Grows, Looks to Harness Federal Climate Investment
Sharks Are in Trouble. This Funder Collaborative Is Working to Protect the Oceans’ Apex Predators
Sharks have thrived in the earth’s oceans for at least 450 million years — they were swimming 200 million years before the dinosaurs emerged, and are still here. But despite this incredible track record of evolution and adaptation, they are no match … [Read more...] about Sharks Are in Trouble. This Funder Collaborative Is Working to Protect the Oceans’ Apex Predators
Education Voucher Policies Are on the Rise Nationwide. What Role Is Philanthropy Playing?
Education vouchers are on the move. Florida just expanded its voucher program, Arizona did the same last year, and Utah, Iowa and Arkansas recently passed new voucher laws. In all, Republican lawmakers in 34 states have proposed various versions of … [Read more...] about Education Voucher Policies Are on the Rise Nationwide. What Role Is Philanthropy Playing?
