Unlike most other venture philanthropy shops, New Media Ventures has a strong progressive mission. And since the 2016 election, it’s been stepping up its funding of left-leaning tech entrepreneurs.
Chicago has a bustling tech scene and many of these companies are engaged in local giving, reflecting a larger national trend of growing tech philanthropy. We take a look at who’s been doing what lately.
A start-up plans to use blockchain technology and crypto economics to start 1,000 publications nationwide by the end of the year. Can this strategy provide a sustainable lifeline to beleaguered local journalism outlets?
Blockchain and cryptocurrencies are still on the margins, but interest is surging, with some people getting very rich in the frenzy. One company in the space is giving big to campus researchers.
Anne and Susan Wojcicki are among the most successful women in Silicon Valley. They’re also active philanthropists, with some serious resources. We take a look at their evolving giving.
Salesforce’s new office tower in San Francisco looms as a symbol of tech omnipotence in a region with deepening stratification. The company and its CEO are also leaders in philanthropy. But are they bold enough?
The Ballmer Group is one of the most interesting acts to follow in philanthropy right now. Its latest pair of eight-figure gifts underscores its commitment to capacity building and offers more clues about its strategy.
Two top K-12 funders have mounted an ambitious research and development quest to find “transformative education solutions.” The hope is to accelerate change in a field that can feel like a brutal slog.
The Desai Foundation, founded by an Indian-born techie, started out with traditional grantmaking. But it pivoted to a more hands-on approach that includes fundraising to advance its mission of empowering women.
Never mind that backlash to technology’s impact on society, including skepticism of its ability to solve tough problems. Eric Schmidt’s philanthropic game plan is focused on the good that science and tech can do.
There’s a new tech giver on the scene. Well, it’s an old funder with a new endowment. Here’s a look at Akamai Foundation’s expanding grantmaking.
Some top funders have gotten behind an initiative to examine, with Facebook's cooperation, how the social media giant affects elections. Are these funders playing it too safe when they should be hitting harder?
The first round of TED’s new philanthropic venture is channeling serious money to worthy causes. Can it get past its fixation on ideas and startup culture to support lasting progress?
The Silicon Valley Community Foundation may be the most intriguing—and confusing—institution in philanthropy today. It also has a surprising number of critics. IP Editor David Callahan takes a deep dive.
The fight against homelessness in Silicon Valley keeps gaining momentum, most recently with what may be the largest-ever corporate contribution to address this issue, by Cisco. What's the game plan here?
For all the hype around charters, most K-12 students still attend traditional public schools, and more funders are focusing resources there. Salesforce is a case in point and has expanded such grantmaking to Indianapolis.
While living donors and legacy foundations often eye other warily, they have a lot to gain from collaborating and more such efforts are emerging. Here's an example of that, focusing on economic equity.
The Alliance for Good is a donor-advised fund started by the founders of an up-and-coming health food e-commerce startup. They’re inviting other like-minded millionaires to join and figure out specific causes as a group.
Silicon Valley donors are often dinged for seeking quick fixes to entrenched social problems. So what should we think of a $1 million prize competition that looks to new technology to reduce violence against women?
While a number of philanthropists have fixated on the dangers of AI, Paul Allen is focused on its potential and just gave another $125 million for research. What's he thinking?
A Facebook buyout made him a billionaire. Now, WhatsApp co-founder Brian Acton is using philanthropy to improve tech for the common good. We look at his first major move.
While their reputation as disruptors of philanthropy is overblown, tech donors do want to do some things differently. The new Dropbox Foundation is a case in point.
The Westly Foundation, bankrolled by venture capital wealth, is looking to back "novel" ideas to community challenges that have "strong potential to scale." Who wins its awards and why?
Michael and Xochi Birch have turned their members-only club in San Francisco, The Battery, into a platform for encouraging philanthropy. We get the inside story of how this outfit has evolved.
CZI is a science funder with some unique attributes that resemble a tech company. It's now teaming up with UMass to build an AI-powered tool that will help researchers analyze published findings.
With four kids and a writing career, MacKenzie Bezos has been in no hurry to take on the challenges of large-scale giving. Is this about to change? And what do know about her interests?
There’s a hotly debated effort to bring species like the woolly mammoth and the passenger pigeon back from extinction. While it’s not heavily funded, a small band of donors and advocates have made a big impact.
Does a big gift for "Dreamers" by Jeff and MacKenzie Bezos mark the start of their emergence as active major philanthropists? There are a few reasons to suspect that it does.
Silicon Valley veteran John Wakerly has been engaged in philanthropy since the 1990s. We spoke with Wakerly to find out more about what his family foundation is up to.
Thanks to a $165 million gift to the Nature Conservancy, a prized tract of California coastland is protected. Will tech’s elite look to the gift as a model for giving? Should it?