News

Wallace Global Fund Pledges to Spend 20 Percent of Assets in 2020

Wallace Global Fund Pledges to Spend 20 Percent of Assets in 2020

Posted April 15, 2020

The fund will spend 20 percent of its $100 million endowment this year in support of COVID-19 relief and systemic change efforts and is calling on other foundations to significantly increase their grantmaking in response to the pandemic....

Barclays Launches Foundation, COVID-19 Community Aid Package

Barclays Launches Foundation, COVID-19 Community Aid Package

Posted April 15, 2020

The Barclays Foundation initially will provide support for the COVID-19 Community Aid Package, a two-pronged initiative to support charities working to assist vulnerable populations impacted by the social and economic impacts of the crisis....

2020 Guggenheim Fellowship Winners Announced

2020 Guggenheim Fellowship Winners Announced

Posted April 14, 2020

Selected from among nearly three thousand applicants on the basis of prior achievement and exceptional promise, the hundred and seventy-five fellows represent a wide variety of scholarly and artistic disciplines....

TikTok Pledges $375 Million for COVID-19 Relief Efforts

TikTok Pledges $375 Million for COVID-19 Relief Efforts

Posted April 13, 2020

The commitment includes $250 million in support of frontline medical workers, educators, and local communities; $25 million in public service advertising; and $100 million in ad credits for small and midsize businesses....

Black Family, Aramark Launch NYC Healthcare Professionals Initiative

Black Family, Aramark Launch NYC Healthcare Professionals Initiative

Posted April 12, 2020

NYC Healthcare Heroes will supply packages of shelf-stable food, household cleaning and personal care products, and over-the-counter medicines to more than a hundred thousand healthcare professionals and volunteers at hospitals across the five boroughs....

Community Foundation Update (04/11/20)

Community Foundation Update (04/11/20)

Posted April 11, 2020

News and staff announcements from community foundations in California, Colorado, Connecticut, Louisiana, Michigan, Minnesota, Ohio, South Carolina, Texas, Vermont....

Lam Research Commits $25 Million for COVID-19 Relief Efforts

Lam Research Commits $25 Million for COVID-19 Relief Efforts

Posted April 10, 2020

To be distributed in communities where the company has a presence, the funding will support specific needs in those communities, including food security, shelter, education, and the purchase of personal protective equipment....

Mastercard Commits $250 Million for Small Business Support

Mastercard Commits $250 Million for Small Business Support

Posted April 10, 2020

The commitment includes financial, technology, product, and insight assets designed to help small businesses secure their systems against cyber threats and identity theft and improve their marketing and promotion....

Charities Anticipate Lower Revenue, Individuals Plan to Give More

Charities Anticipate Lower Revenue, Individuals Plan to Give More

Posted April 9, 2020

A survey conducted in late March by the BBB Wise Giving Alliance's Give.org found that a majority of charities anticipate that 2020 revenues will come in below expectations, but increased giving by individuals could make up some of the shortfall....

Intel Commits $50 Million for COVID-19 Response Efforts

Intel Commits $50 Million for COVID-19 Response Efforts

Posted April 9, 2020

The commitment includes $40 million for the Intel COVID-19 Response and Readiness Initiative and Intel Online Learning Initiative and $10 million for an innovation fund in support of COVID-19 relief projects....