Philanthropy news

2021 Gruber Prizes in cosmology and neuroscience announced

2021 Gruber Prizes in cosmology and neuroscience announced

May 6, 2021

The cosmology prize was awarded to Marc Kamionkowski, Uroš Seljak, and Matias Zaldarriaga, who developed techniques essential for studying the early universe, while the neuroscience prize went to Christine Petit and Christopher A. Walsh for their work on the mechanisms involved with hearing and hearing loss and the development of the cerebral cortex and genetic brain disorders....

 Nadellas give $15 million to Seattle Children's

Nadellas give $15 million to Seattle Children's

May 6, 2021

The gift from Anu and Satya Nadella and their family will enable the hospital to improve care for children with neurological conditions and advance its efforts in four areas: attracting and retaining leaders in precision medicine; building a robust clinical trial program; expanding mental health initiatives; and establishing the Zain Nadella Endowed Chair in Pediatric Neurosciences....

DAFs may have cost charities $300 billion over five years, study finds

DAFs may have cost charities $300 billion over five years, study finds

May 6, 2021

The report from the Boston College Law School Forum on Philanthropy and the Public Good found that the share of individual giving going to charities fell from 94.1 percent before the advent of donor-advised funds to less than 75 percent between 2014 and 2018, with an estimated $300 billion that otherwise might have gone to charities going into DAFs and foundations....

Boeing commits $50 million to Virginia Tech for Innovation Campus

Boeing commits $50 million to Virginia Tech for Innovation Campus

May 5, 2021

The aerospace giant's commitment will provide funding for student scholarships, the recruitment of top faculty and researchers, and STEM pathway programs for underserved K-12 students looking to pursue a college degree and a post-college career in tech....

Terra Foundation awards nearly $2.5 million in grants

Terra Foundation awards nearly $2.5 million in grants

May 5, 2021

Awarded through the foundation's Re-envisioning Permanent Collections: An Initiative for US Museums, the grants will provide support for permanent collection reinstallation planning and implementation as well as the development of temporary exhibitions drawn from museum collections....

Bill and Melinda Gates to divorce, will continue to chair foundation

Bill and Melinda Gates to divorce, will continue to chair foundation

May 4, 2021

According to a statement from the Bill & Melinda Gates Foundation, Bill and Melinda will remain co-chairs and trustees of the foundation and will continue to work together to shape and approve its strategies, advocate for its issues, and set the organization's overall direction....

Asian American Foundation launched with pledges totaling $250 million

Asian American Foundation launched with pledges totaling $250 million

May 4, 2021

The $125 million raised from founding board members and an additional $125 million from foundations, corporations, and individuals will support efforts to mobilize action against hate and violence and build the infrastructure needed to improve AAPI advocacy, power, and representation in American society....

Global Fund allocates $75 million for COVID response in India

Global Fund allocates $75 million for COVID response in India

May 4, 2021

As part of its emergency response to the pandemic, the Global Fund is fast-tracking a funding application from India's Country Coordinating Mechanism for the purchase of oxygen concentrators and to help finance Pressure Swing Adsorption oxygen plants to help meet the medium-term needs for medical oxygen....

Report calls for shift to more equitable evaluation practices

Report calls for shift to more equitable evaluation practices

May 3, 2021

A report from the Equitable Evaluation Initiative and Grantmakers for Effective Organizations found that while foundations have begun to more intentionally integrate equity into their program, governance, operational, and investment decisions, most have not done so with regard to their evaluation practices....

2021 Mellon Emerging Faculty Leaders announced

2021 Mellon Emerging Faculty Leaders announced

May 2, 2021

The awards provide support for junior faculty who are committed to the creation of an inclusive campus community for underrepresented students and scholars and whose research focuses on contemporary American history, politics, culture, and society....

Philanthropist Eli Broad dies at 87

Philanthropist Eli Broad dies at 87

May 2, 2021

With his wife, Broad established the Eli and Edythe Broad Foundation in 1999, was a founding signatory to the Giving Pledge in 2010, and gave an estimated $6.4 billion to philanthropic causes in his lifetime, with a focus on the arts, education, and scientific and medical research....

JPMorgan Chase expands workforce development efforts

JPMorgan Chase expands workforce development efforts

May 1, 2021

To help qualified job seekers with arrest or conviction records, the financial services firm will partner with community groups in in Los Angeles, New York, Seattle, Chicago, Nashville, Columbus, Ohio, and other cities to provide job seekers with legal services, job search support, and mentoring....

Community Foundation Update (05/01/2021)

Community Foundation Update (05/01/2021)

May 1, 2021

News and staff announcements from community foundations in California, Florida, Kentucky, Louisiana, Michigan, Minnesota, New Hampshire, New Mexico, Rhode Island, and Washington....

Heinz Endowments commits $30 million for economic empowerment

Heinz Endowments commits $30 million for economic empowerment

April 30, 2021

The grant — the largest ever made by the foundation — will launch the Center for Shared Prosperity at Carnegie Mellon University and support efforts to develop a sustainable, replicable model for community-university collaboration, with a focus on socioeconomic inequities and the well-being of people and families in western Pennsylvania....

$60 million pledged for global pathogen sequencing initiative

$60 million pledged for global pathogen sequencing initiative

April 30, 2021

Over the next five years, biotech firm Illumina will donate next-generation sequencing (NGS) platforms, reagents, and training resources worth $60 million in support of an initiative aimed at creating a global early-warning system for pathogens....