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.
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.
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.