Last month after a contentious campaign, San Francisoc voters approved a ballot measure to tax the city’s richest companies to help the homeless. Now one of the measure’s biggest supporters is putting millions of his own money where his mouth is.
For all the talk of a golden age of philanthropy, the rich are piling up new wealth much faster than they’re giving it away. Most give mere crumbs compared to their net worth. The Bridgespan Group is looking to change that.
Blockchain technology and cryptocurrencies are showing up more and more in philanthropy. We look at some of the main crypto-giving methods at play, as well as some of the risks involved.
The Annenberg Foundation has teamed up with city government and local venture capitalists to spearhead a new initiative to ensure diversity within LA’s growing tech scene.
Researchers have made big strides in understanding brain development and how kids learn. But getting this new knowledge into classrooms isn’t easy. The Chan Zuckerberg Initiative is among a handful of funders that wants to change that.
Donald Trump may be a billionaire, but no recent president has inspired fiercer opposition within the far upper class. Many top philanthropists are among those who’ve given record sums in the most expensive mid-term election in U.S. history.
More deep-pocketed funders are interested in the age-old quest to live forever, in one form or another. We dig into the interesting story of Terasem Movement Foundation, founded by tech couple Martine and Bina Rothblatt.
Since its launch in 2016, Blue Meridian Partners has emerged as a powerhouse vehicle for new giving by some of America’s wealthiest philanthropists. Now the collaborative created by the Edna McConnell Clark Foundation is becoming an independent nonprofit.
Paul Allen, who died recently, exemplified the best of big philanthropy. He embraced risk taking and cared deeply, journeying to the outer frontiers of scientific knowledge and to the front lines of the world’s biggest challenges. IP editor David Callahan assesses his legacy.
Billionaire Craig Newmark may have made his fortune in tech, but he’s also worried about that industry’s outsized power. We talk to Newark about his latest big gift—and where his growing philanthropy is heading next.
The Gates Foundation and the Chan Zuckerberg Initiative have both been ramping up anti-poverty work. Now, they’re teaming up to back a policy shop founded by one of the hottest scholars in this space: Raj Chetty.
The effort of a wealthy tech entrepreneur to transform San Antonio is another example of “destination philanthropy,” as big donors step up place-based giving, often in partnership with local universities.
Anne and Susan Wojcicki are among the most successful women in Silicon Valley. They’re also active philanthropists, with some serious resources. In case you missed it, here’s our look at their evolving giving, from May.
Salesforce’s commitment to Bay Area schools now totals more than $50 million over the course of its five-year partnership with its local school districts. But grants aren’t the only way that the company helps.
The relatively few tech donors in the arts space typically hail from the engineering world. Ann S. Bowers, however, doesn’t fit the mold. We dig into her back story and recent big gift for chamber music.
Philanthropists have been stepping up to help veterans, and they’ve also been investing heavily in STEM workforce development. We explore the inside story behind a gift that combines these two threads.
As Jeff and MacKenzie Bezos turn to large-scale giving, they’re targeting two urgent but neglected areas. That’s smart. But if Jeff is really worried about inequality, his real power lies in changing how Amazon operates.
In another sign that education funders are looking beyond narrow school-level reforms, StriveTogether—with backing from the Ballmer Group—is deploying $20 million to back efforts to shift public policy and systems.
Andrew J. Viterbi's philanthropy tends to be ambitious in terms of size and in scope. We dig into his recent $50 million gift to the University of California, San Diego, which, true to form, aims to cure blindness.
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?
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.
As the Ballmer Group pumps millions into nonprofits working to lift children out of poverty, it also has its eye on using new technology to drive faster progress in this tough area.
DonorsChoose.org is now facilitating more than $100 million a year in gifts to help classroom teachers. One of the group’s top boosters, Craig Newmark, tell us why its model is so appealing.
Backed by $300 million in funding, the Google News Initiative was launched in March to help “journalism thrive in the digital age." Where do things stand with this effort to boost consumer news literacy?
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.
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.