Philanthropy news

McGovern, Cloudera foundations to merge, launch data program

McGovern, Cloudera foundations to merge, launch data program

March 31, 2021

The Silicon Valley-based Cloudera Foundation will fold its staff, $9 million endowment, and $3 million in grantmaking into the $1.5 billion Patrick J. McGovern Foundation — a move designed to assist an accelerate nonprofits' adoption of data science and AI....

Open Society invests $6 million for global access to biologics

Open Society invests $6 million for global access to biologics

March 30, 2021

Awarded through the Soros Economic Development Fund, the investment in Univercells, a Belgian biotech company, will support efforts to remove manufacturing bottlenecks in the production of COVID-19 vaccines and help develop distributed manufacturing capacity in middle-income countries globally....

Gilberts, Rocket Community Fund commit $500 million to Detroit

Gilberts, Rocket Community Fund commit $500 million to Detroit

March 29, 2021

The family foundation of Quicken Loans founder and Rocket Companies chair Dan Gilbert and his wife, Jennifer, has pledged $350 million to the effort, while the companies' philanthropic arm will contribute $150 million in support of neighborhood revitalization and economic opportunity....

Ford Foundation commits $15 million to Black Feminist Fund

Ford Foundation commits $15 million to Black Feminist Fund

March 29, 2021

Developed and led by a core group of Black feminists at the nexus of feminist organizing, advocacy, and philanthropy, the Black Feminist Fund will work to increase the resources available to grassroots Black feminist organizations around the globe....

AAPI philanthropic leaders call for solidarity, action against hate

AAPI philanthropic leaders call for solidarity, action against hate

March 29, 2021

Nearly five hundred philanthropic leaders have signed a letter organized by Asian Americans/Pacific Islanders in Philanthropy (AAPIP) that urges funders to commit to a redoubling of their "support [for] multi-racial coalitions to combat systemic racism"; "support work that dismantles racist and sexist narratives and opposes efforts to pit communities of color against each other"; and expand philanthropic support for Asian American communities and organizations....

AbbVie Foundation awards $10 million to UChicago Medicine

AbbVie Foundation awards $10 million to UChicago Medicine

March 28, 2021

The grant will enable the University of Chicago Medicine Comprehensive Cancer Center's new director to act strategically in establishing cross-campus collaborations, advancing novel therapies, recruiting new faculty, and promoting community outreach and engagement....

PepsiCo awards $5.4 million for clean water access in Latin America

PepsiCo awards $5.4 million for clean water access in Latin America

March 27, 2021

PepsiCo will invest $3 million over three years in Agua Para el Planeta, a program it operates in collaboration with the Nature Conservancy in Latin America, while the PepsiCo Foundation will invest $2.4 million in support of new drinking water access programs in the region....

UT's Dell Medical School receives $2 million for homelessness services

UT's Dell Medical School receives $2 million for homelessness services

March 27, 2021

The gift from John Paul and Eloise DeJoria will establish an endowed chair focused on improving health services for people who are experiencing homelessness, including best practices for providing integrated health care, mental health services, and social resources....

Community Foundation Update (03/27/2021)

Community Foundation Update (03/27/2021)

March 27, 2021

News and staff announcements from community foundations in Alaska, California, Kansas, Michigan, Nebraska, Ohio, Pennsylvania, and Rhode Island....

Comcast commits $1 billion over ten years to close digital divide

Comcast commits $1 billion over ten years to close digital divide

March 26, 2021

The ten-year commitment includes support for Comcast's Lift Zone initiative, which is working to establish WiFi-connected safe spaces in more than a thousand community centers nationwide, new donations of laptops and computers; grants for nonprofits working to create opportunities for low-income Americans; and continued investment in Internet Essentials....

Broad Institute awarded $300 million for data and life sciences center

Broad Institute awarded $300 million for data and life sciences center

March 26, 2021

Commitments of $150 million each from Schmidt Futures and the Eli & Edythe Broad Foundation will launch the Eric and Wendy Schmidt Center, an initiative of the Broad Institute aimed at catalyzing a new scientific discipline at the intersection of biology and machine learning....

Gates Foundation awards $1.5 million in education grants

Gates Foundation awards $1.5 million in education grants

March 25, 2021

Awarded through Balance the Equation: A Grand Challenge for Algebra 1, the foundation's first ever U.S. education Grand Challenge, the Phase 1 grants will support projects designed to transform Algebra I from a "gatekeeper" into a "gateway" to success....

Greenlining Institute announces new strategic plan

Greenlining Institute announces new strategic plan

March 25, 2021

The three-year plan commits the organization to working "towards a future where communities of color can build wealth, live in healthy places filled with economic opportunity, and are ready to meet the challenges posed by climate change"....