News

Landecker Foundation awards $13 million to Hebrew University

Landecker Foundation awards $13 million to Hebrew University

September 13, 2020

The grant from the Alfred Landecker Foundation in Berlin will support initiatives focused on the causes and consequences of the Holocaust and  the study of human rights, minority protection, the rule of law, and reparations for historical wrongs and injustices....

Casey Foundation, partners hope to redesign child welfare system

Casey Foundation, partners hope to redesign child welfare system

September 13, 2020

The Thriving Families, Safer Children: A National Commitment to Well-Being initiative will work across the public, private, and philanthropic sectors to assist jurisdictions in developing more just and equitable systems that benefit all children and families and break harmful intergenerational cycles of trauma and poverty....

Large company profits soar while the poorest pay, report finds

Large company profits soar while the poorest pay, report finds

September 13, 2020

The report from Oxfam found that thirty-two of the most profitable global corporations have see their profits increase by a total of $109 billion in 2020, while their donations in support of COVID-19 relief efforts have averaged just 0.5 percent of their 2019 operating income....

Nonprofits seeing less long-term COVID-19 impact on fundraising

Nonprofits seeing less long-term COVID-19 impact on fundraising

September 12, 2020

Based on a survey of nearly eighteen hundred nonprofits conducted between August 24 and September 6, the report from Grenzebach Glier and Associates found that 42 percent of respondents anticipated a "high" negative impact on their fundraising over the next ninety days, the lowest level since June....

Community Foundation Update (09/12/20)

Community Foundation Update (09/12/20)

September 12, 2020

News and staff announcements from community foundations in Arizona, California, Indiana, Michigan, Nevada, New Hampshire, New Jersey, Ohio, Pennsylvania, and Vermont....

PepsiCo, USAID launch $20 million partnership to empower women farmers

PepsiCo, USAID launch $20 million partnership to empower women farmers

September 11, 2020

Launched with initial investments of $5 million each from the two organizations, the program will work to support women-owned small and midsize enterprises and women-led PepsiCo suppliers with the aim of improving the resiliency of rural farming communities in Asia, the Middle East, and Latin America....

Social progress slow and uneven globally, worsening in U.S.

Social progress slow and uneven globally, worsening in U.S.

September 11, 2020

The 2020 Social Progress Index assigns a population-weighted social progress score of 64.24 (out of a possible 100) to the world overall, with broad dimension scores ranging from 74.65 for basic human needs, to 60.82 for foundations of well-being, to 57.25 for opportunity....

New funder collaborative commits $36 million to Black movement leaders

New funder collaborative commits $36 million to Black movement leaders

September 11, 2020

Led by the Libra Foundation, in partnership with the MacArthur, Hewlett, JPB, Schmidt Family, Hewlett, Someland, Wend, and Crankstart, Kelson & Loud Hound foundations; Sobrato Philanthropies; and Tao Rising LLC, the Democracy Frontlines Fund will direct $36 million over three years to frontline Black activists working to end systemic racism....

Celtics, foundation commit $25 million for racial justice initiatives

Celtics, foundation commit $25 million for racial justice initiatives

September 10, 2020

The commitment will support the Boston Celtics' and Boston Celtics Shamrock Foundation's efforts in six areas: equity in education, economic opportunity and empowerment, equity in health care, criminal justice and law enforcement, breaking down barriers and building bridges between communities, and voting and civic engagement....

Majority in four U.S. cities face financial hardship

Majority in four U.S. cities face financial hardship

September 10, 2020

Based on a survey of nearly thirty-five hundred adults in Chicago, Houston, Los Angeles, and New York City, the report from National Public Radio, the Robert Wood Johnson Foundation, and the Harvard T.H. Chan School of Public Health found that at least half of respondents in each city reported experiencing severe financial hardship since the start of the coronavirus outbreak, with Black and Latinx households disproportionately impacted....

Marcus Foundation awards $20 million to Jewish Education Project

Marcus Foundation awards $20 million to Jewish Education Project

September 10, 2020

The funds will enable the RootOne initiative to provide subsidies of $3,000 to participants in five youth travel programs, invest in enhanced trip curricula and experiences, and create deeper pre- and post-trip engagement opportunities to help strengthen participants’ Jewish identity and connections to Israel....

Ten on 2020 Forbes 400  receive top philanthropy score

Ten on 2020 Forbes 400 receive top philanthropy score

September 10, 2020

American billionaires who received a "philanthropy score" of 5 for lifetime giving include Warren Buffett, George Soros, John and Laura Arnold, Eli and Edythe Broad, Amos Hostetter, Jr., George B. Kaiser, Gordon and Betty Moore, Julia H. Robertson, Jr., Lynn Schusterman, and Ted Turner....

Duquesne receives $7.5 million in pledges for new medical college

Duquesne receives $7.5 million in pledges for new medical college

September 9, 2020

John G. Rangos, Sr., John R. McGinley, Jr., and Rhodora Donahue, widow of the late John F. Donahue, each made a seven-figure pledge toward a proposed $50 million  College of Osteopathic Medicine, which is now scheduled to open in fall 2024....

Bank of America allocates $300 million of $1 billion equity pledge

Bank of America allocates $300 million of $1 billion equity pledge

September 9, 2020

The commitments include $25 million for jobs initiatives in Black and Latinx communities, $25 million for community outreach initiatives, $50 million in direct equity investments to minority depository institutions, and $200 million in proprietary equity investments in minority entrepreneurs, businesses, and funds....

2021 Vilcek Foundation Prize winners announced

2021 Vilcek Foundation Prize winners announced

September 9, 2020

In recognition of the contributions of immigrants in the and arts sciences, the foundation announced the winners of Vilcek Prizes in Biomedical Science, Filmmaking, and Creative Promise, as well as a Prize for Excellence honoring an individual who has made a significant impact on both American society and world culture and/or is a dedicated champion of immigrant causes....

Study proposes solutions to global water and security crises

Study proposes solutions to global water and security crises

September 8, 2020

The report from the World Resources Institute, the Pacific Institute, and the Water, Peace and Security partnership suggests that intensifying levels of water insecurity globally can and should be addressed with solutions that take into account the multiple interconnected drivers of water-related conflict....

UT Austin launches $8 million First Amendment center, law clinic

UT Austin launches $8 million First Amendment center, law clinic

September 8, 2020

The Bech-Loughlin First Amendment Center will focus on the discussion of and scholarship around the First Amendment and will feature a Law and Religion Clinic dedicated to representing clients in cases involving challenges to their religious liberty....

Jefferson, Temple receive $5 million for stroke prevention, education

Jefferson, Temple receive $5 million for stroke prevention, education

September 7, 2020

The gift from Kenneth and Andréa Frazier will support a partnership between the two universities and their health systems aimed at addressing social determinants of health and racial/ethnic disparities that lead to increased risk of stroke among residents of North Philadelphia....

University of Miami cancer center receives $126 million gift

University of Miami cancer center receives $126 million gift

September 7, 2020

The unrestricted gift from a donor who wishes to remain anonymous will support efforts at the Sylvester Comprehensive Cancer Center to accelerate advances in cures for cancer and expand innovative treatment options for cancer patients....