Jacob Harold believes philanthropy needs more “strategic promiscuity” – battling the world’s problems using a variety of approaches.
It’s an idea that mirrors his wide-ranging career. Harold was president and CEO of GuideStar before it merged with Foundation Center to form the even larger nonprofit information source Candid, which he co-founded.
NEW YORK (AP) — Fidelity Charitable is getting into NFTs, the digital images that are registered on the blockchain, despite a torrent of bad news from the adjacent world of cryptocurrencies.
MacKenzie Scott’s big gifts have been a boon to the charities who received them, and widespread fears in the nonprofit world that her gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle them were largely unfounded.
NEW YORK (AP) — Megadonor and novelist MacKenzie Scott announced almost $2 billion in donations to 343 organizations in a short blog post Monday, emphasizing her interest in supporting people from underserved communities.
NEW YORK (AP) — The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement.
NEW YORK (AP) — Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune.
Bezos, whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion, made the announcement in a joint CNN interview with his girlfriend Lauren Sanchez that was released on Monday.
NEW ORLEANS (AP) — Billionaire philanthropist MacKenzie Scott has given the Urban League of Louisiana a $5.7 million gift, the largest donation in the agency's 84-year history.
Charitable giving to organizations that work to slow climate change have increased in the past year, and many more groups are receiving funds than just a few years ago. But despite the increases, giving from individuals and foundations to climate-related causes remains a stubbornly small percentage of overall charitable giving according, to a new report by the ClimateWorks Foundation.
Juan Hernandez III, CEO of a nonprofit lending fund, has made about 17 loans to Latino entrepreneurs and business owners across Sonoma County, California.
Hernandez was able to provide the loans averaging $33,000 each after his organization received a two-year, $100,000 grant from the Latino Community Foundation’s Latino Entrepreneurship Fund in July 2021.
NEW YORK (AP) — The Bill & Melinda Gates Foundation donated $10 million to the organization that grew out of the hashtag #GivingTuesday in part to fund a database of charitable giving and other acts of generosity.
WASHINGTON (AP) — A gold judicial collar made of glass beads that belonged to the late Justice Ruth Bader Ginsburg has sold at auction for $176,775.
The piece was part of a collection of about 75 items of Ginsburg's that were sold to benefit charity.
NEW YORK (AP) — Craig Newmark twists a “Batman” quote to jokingly refer to himself as “not the nerd you want, but maybe now and then I’m the nerd you need.”
Newmark, the founder of Craigslist, has since retired from the pioneering website that made him ultra-rich by expanding the world of classified ads onto the internet.
ALEXANDRIA, Va. (AP) — Angela Williams' first year as United Way Worldwide's president and CEO has been marked with challenges: rising inflation, the war in Ukraine driving increased demand for charitable services, and the need to rebuild public trust in her organization.
BERLIN (AP) — A Vienna court overturned the corruption conviction of former Austrian Vice Chancellor Heinz-Christian Strache for trying to change laws to favor a private hospital in exchange for donations to his political party, local media reported Tuesday.
As the Bill & Melinda Gates Foundation works to expand its governance, it announced Thursday that it has added two trustees to its board. Helene Gayle, president of Spelman College, and Ashish Dhawan, founder and CEO of the Convergence Foundation in India, will join the three other outside board members named in January: Strive Masiyiwa, Baroness Nemat (Minouche) Shafik, Thomas J.
Billionaire philanthropist MacKenzie Scott donated $38.8 million to Junior Achievement USA and 26 local operations — the largest single gift in its 103-year history — the national education nonprofit announced Tuesday.
NEW YORK (AP) — Donations from Fidelity Charitable climbed 11% to a record $4.8 billion for the first half of 2022, the nation’s largest grantmaker announced Wednesday.
The growth in payouts from Fidelity’s donor-advised funds — which let donors enjoy tax deductions and investment gains on their donations before they give the money away — paints a far sunnier picture about philanthropy than other recent reports.
WIMBLEDON, England (AP) — All sorts of requests reach the Bill and Melinda Gates Foundation, via all sorts of methods, but rarely does a meaningful entreaty come via LinkedIn message.
One and a half billion dollars is a big mea culpa, but that is what one philanthropy is throwing on the table to address what it admits is a longstanding problem: the failure to advance diversity, equity, and inclusion (DEI) in health research.
ATLANTIC CITY, N.J. (AP) — Atlantic City's Hard Rock Hotel & Casino marked its fourth anniversary on Tuesday by making donations to four local charities, putting the casino's total charitable donations past the $1 million mark.
Charitable giving in the United States reached a record $485 billion in 2021, though the increase did not keep pace with inflation, according to a report Tuesday offering a comprehensive look at American philanthropy.
NEW YORK (AP) — Darren Walker, Ford Foundation president and preeminent connector and advocate for artists and art institutions, joined the exclusive company of global superstars like Stevie Wonder, T.S.
NEW YORK (AP) — The statistics discussed at the inaugural Global Citizen NOW conference were bleak.
The COVID-19 pandemic has pushed 100 million people back into lives of extreme poverty. Up to 243 million people could face food insecurity between now and November due to the war in Ukraine.
Sara Lomelin offered the final TED Talk of this year’s conference of expert speakers last month, on a particularly star-studded day in Vancouver, Canada, where she followed actress Bryce Dallas Howard, TV producer Michael Schur and Tesla CEO Elon Musk, who discussed the future of his company and his plans for Twitter.
LITTLE ROCK, Ark. (AP) — The federal retrial of a former Arkansas lawmaker accused of bribery and wire fraud has been delayed until later this year.
A federal jury in August had acquitted former state Sen.
Millionaire philanthropist Pete Kadens is trying to do what President Biden hasn’t been able to get done.
Kadens has created two college-scholarship programs — Hope Toledo, in his Ohio hometown, and Hope Chicago, which he co-founded with investment-management executive Ted Koenig and launched in September in the city where he ran several businesses.
Billionaire philanthropist MacKenzie Scott revealed that she has donated nearly $4 billion to 465 nonprofits according to a blog post Wednesday, confirming the gifts that the groups have been announcing on their own for months.
When philanthropist Mona Sinha walked into her first meeting on a museum advisory board, she immediately noticed that she was the youngest person in the room and the only person of color there. Instead of being welcomed as a new colleague, fellow members of the advisory board asked her if she was a fundraiser for the museum.
BRANSON, Mo. (AP) — A performer in the Missouri tourist town of Branson who convinced his audiences to donate thousands of dollars to a fake charity for foster children has been sentenced to five years of probation.
ATLANTA (AP) — A nonprofit is announcing a new initiative to help churches, synagogues and other places of worship turn their unused space into affordable housing.
The effort was launched Wednesday at Atlanta First United Methodist Church, where Enterprise Community Partners announced $8.5 million in grants from the Wells Fargo Foundation.
Leave it to Elon Musk to stir up controversy without saying — or tweeting — a word.
In November, according to a regulatory filling, the Tesla CEO donated to charity about 5 million shares of company stock, worth $5.7 billion.
MacKenzie Scott, who has given at least $8 billion in the past two years to mostly small nonprofits that serve people in need, used to release posts on Medium about her gifts and who got them. Then Scott stopped naming names.
NEW YORK (AP) — The Associated Press said Tuesday that it is assigning more than two dozen journalists across the world to cover climate issues, in the news organization's largest single expansion paid for through philanthropic grants.
The charitable sector should hope that billionaire Jared Isaacman keeps seeking new adventures.
Isaacman, who turned a payments-processing firm he started as a teenager into a multibillion-dollar company, periodically indulges his passion for aviation with head-turning flights.
These are the donors who gave the most in 2021, according to the Philanthropy 50, an annual ranking compiled by the Chronicle of Philanthropy. A searchable database with more information on the donors and their beneficiaries is available at philanthropy.com.
A handful of Americans donated at least $1 billion to charity last year, according to the Chronicle of Philanthropy’s annual ranking of the 50 Americans who gave the most to charity in 2021.
Bill Gates and Melinda French Gates topped the list, pledging $15 billion to the Bill & Melinda Gates Foundation, a huge player in global health and American education.
WORCESTER, Mass. (AP) — The UMass Chan Medical School has received a $15 million gift that will boost research into ALS and neuroscience, school officials announced Thursday.
The donation from alumni Dan and Diane Casey Riccio includes $10 million for what will be named the Riccio ALS Accelerator Initiative and $5 million to expand and endow the Riccio Fund for Neuroscience.
The NFL Foundation is awarding a variety of organizations in 30 locales with a total of $6 million to build or refurbish neighborhood football fields.
The awards are the most in a single year since the NFL Foundation/LISC Grassroots Field Grant Program began in 1998, and bring the program’s total commitment to $58 million, resulting in the creation or refurbishment of 416 fields nationwide.
Five philanthropies plan to spend more than $20 million to bolster news coverage in Houston and create what they say will be one of the largest local nonprofit news organizations in the country.
The newsroom is anticipated to launch later this year or early 2023 on multiple platforms, the donors said Wednesday in a news release.