Despite heavy grantmaking over decades, the Mott Foundation hasn't been able to stop the devastation of Flint, MI by larger forces. Is place-based philanthropy a losing strategy in a complex world?
Bill and Hillary Clinton made millions after leaving the White House and also engaged in substantial personal giving. The Obamas seem headed down the same path, starting with $2 million in gifts for jobs in Chicago.
Even as AI and other advances promise to wipe out whole categories of jobs, some tech funders are looking for ways to help workers thrive. Google.org just became a big player in this space.
More funders in the Bay Area are looking to combat the region's rising inequity. Among those pushing the hardest is The San Francisco Foundation. Where are its latest grants going?
Pine Ridge Reservation is one of the poorest parts of the country, and Native American communities are often overlooked by philanthropy. One tribe member is introducing more funders to the area.
Grantmaking for summer jobs doesn't seem to be a high-leverage strategy for funders. But if you look past the feel-good vibe, you'll often find a larger agenda on workforce development.
Workforce development is a notoriously tough area for funders to get a lot of bang for the buck. Are there new ways to score big gains through online services? Here's the latest bet that the answer is "yes."
Plenty of online sites and tools that were supposed to solve critical problems have ended up as digital ghost towns. Will Markle's new jobs site, backed with over $25 million from Microsoft, actually work?
The emergence of Steve and Connie Ballmer as major givers is one of the more intriguing stories in philanthropy right now. New twists and turns keep coming—including important news last week.
Koch backing of the anti-poverty group Stand Together is part of a larger shift toward a kinder and gentler philanthropic profile—after years of bad press. Now, NFL star Deion Sanders is in the mix.
Backed by the MacArthur Foundation and the Chicago Community Trust, an innovative research project looks at the costs of segregation to Chicago as a whole. What's the plan beyond that?
Last year, we highlighted a foundation-backed project that aims to lower the barriers to impact investing in Chicago. Now, we look at the first round of loan recipients and what lies ahead.
A foundation pledges $10 million to revitalize a depressed town through the arts, agriculture and tourism. Is this a viable turnaround strategy for other distressed places in Amerca?