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One network of advisors helped ultra-wealthy clients give $60 billion in 2024, or about 9 percent of all philanthropy. One network of advisors helped ultra-wealthy clients give $60 billion in 2024, or about 9 percent of all philanthropy.
How the new tax bill would impact foundations and nonprofits and the scramble to limit the damage. By Ben Gose POLITICO via AP Images House Speaker Mike Johnson speaks during a press conference after the House passed budget reconciliation legislation on Thursday.
A 'podcast appearance' by the father of modern philanthropy exposes the urgent need to let go of his teachings. By Dimple Abichandani Illustration by The Chronicle A 'podcast appearance' by the father of modern philanthropy exposes the urgent need to let go of his teachings.
Growing into one of the most powerful institutions in global health, the foundation drew acclaim and criticism. By Thalia Beaty, Associated Press Seth Wenig, AP photo Bill Gates, Melinda Gates and Warren Buffett speak to the media during a press conference in 2006 in New York.
Funding a 'Democracy Corps' national service program would ensure valuable expertise doesn't go to waste. By Michael Jarvis and Dean Jackson Getty Images/iStockphoto Funding a 'Democracy Corps' national service program would ensure valuable expertise doesn't go to waste.
The former president discusses the Clinton Global Initiative, his efforts to raise money after disasters like Hurricane Katrina, and the need for continued aid to Haiti. By Glenn Gamboa, Associated Press AP Photo/Andres Kudacki, File Former president Bill Clinton’s new book, “Citizen,” details his philanthropic work since leaving the White House.
One of the most promising new ideas is to improve the amount and the quality of diaspora philanthropy, while concurrently ensuring that younger generations of those whose parents and grandparents immigrated from the Global South engage in this important work. Its members lead major companies such as Google, Microsoft, Adobe, YouTube, and IBM.
Lets stop just blaming Big Oil, Republicans, and apathetic voters. The climate movement needs to reach out to conservatives and integrate ideas of the left and the right. By Trammell S. Crow and Bill Shireman NurPhoto via AP Climate campaigns rely too heavily on apocalyptic messaging, the authors argue. in 2022.
By Darren Isom , Cora Daniels & Lyell Sakaue Each summer on Martha’s Vineyard, leaders of color working in philanthropy across the United States gather to strategize, to vision, and to be in community with one another on an island where Black families have been vacationing since the 1800s.
After Edward Blum's complaint to the IRS about the Gates Foundation's "illegal" scholarship program for students of color, the Seattle philanthropy giant said it would change the scholarship's eligibility criteria to include all races.
The foundations planned closure marks the end of the once-celebrated era of expert-driven giving. By Leslie Lenkowsky Sipa USA via AP In announcing he plans to close the Gates Foundation, Bill Gates defended the grant makers record but noted that the times and the political landscape have changed and that foundation strategies must change as well.
A yin-yang approach to philanthropy has shaped the Ballmer Group. A yin-yang approach to philanthropy has shaped the Ballmer Group. But the husband-and-wife founders have remained focused on one goal: Improving economic mobility in the U.S. By George Anders Meron Menghistab Connie and Steve Ballmer, at the Bellevue, Wash.,
Philanthropy — from a billionaire's family foundation to the YWCA — has helped make Tulsa, Okla., Philanthropy — from a billionaire's family foundation to the YWCA — has helped make Tulsa, Okla., one of the most welcoming places in America for immigrants and refugees.
Nonprofit crowdfunding platforms get money to the people and places big for-profit platforms ignore, but they need funding themselves to survive. By Roger Doiron Getty Images/iStockphoto Nonprofit crowdfunding platforms get money to the people and places big for-profit platforms ignore, but they need funding themselves to survive.
By Thalia Beaty, Associated Press Christophe Ena, AP Melinda French Gates left the Gates Foundation last year to pursue philanthropy and investment through her own organization, Pivotal Ventures, which she started in 2015.
The 73-year-old practitioner of "acupuncture philanthropy" will step down next year, in part to make way for a younger leader to work with the sixth generation of Rockefellers on the grant maker's board.
The 'Oprah of Philanthropy' is putting an undisclosed amount of her fortune into companies and funds that provide social and financial returns. The 'Oprah of Philanthropy' is putting an undisclosed amount of her fortune into companies and funds that provide social and financial returns. Will impact investing see a new boom?
Philanthropy helped build artificial intelligence as a nonprofit research field. By Sara Herschander Getty Images Philanthropy helped build artificial intelligence as a nonprofit research field. But as costs soar and corporations take over, donors and grantees are struggling to stay relevant.
Hardest hit by flooding was the Central Appalachia region, where years of disinvestment by government and philanthropy left the region ill prepared. The Center for Disaster Philanthropy (CDP) annually publishes the State of Disaster Philanthropy (SODP) report using Candid data, but the lag in data reporting means its always two years behind.
Research points to common ground on controversial issues, the countrys priorities, and Americas values terrain from which nonprofits and philanthropy can work for change. Research points to where nonprofits and philanthropy might find common ground on controversial issues, the countrys priorities, and Americas values.
The Chronicle of Philanthropy provides a list. By Stephanie Beasley NurPhoto via AP James Kunder, former deputy administer of USAID, speaks at a demonstration in support of the agencys employees who were fired or placed on leave by Elon Musk and the department of government efficiency.
A new study finds just 36 percent of major foundations feel confident assessing the technical feasibility of AI proposals, raising concerns about philanthropy's response to a rapidly evolving landscape.
Plus, the Center for Disaster Philanthropy received $20 million for the Truist Cares for Western North Carolina program, and ExxonMobil gave $10 million to improve cancer prevention and education in east Texas. Here, children watch the solar eclipse at a party hosted by the BroSis After School Program.
Richard Reeves is fighting the prevailing view of who's on the losing side of gender equality. Melinda French Gates is backing him with $20 million. By Eden Stiffman Brianna Paciorka/News Sentinel / USA TODAY NETWORK Richard Reeves is fighting the prevailing view of who's on the losing side of gender equality.
A new report reveals the impact of wealth concentration, geography, and economic factors. By Sara Herschander iStockphoto Where do the country's charitable dollars really flow? A new collaborative report reveals a complex landscape of giving, with patterns shifting dramatically across time, geography, and donor types.
The report’s conclusions about the state of giving have potentially troubling implications for philanthropy’s future. By Leslie Lenkowsky Getty Images The report’s conclusions about the state of giving have potentially troubling implications for philanthropy’s future.
Founded in 2002, the Seattle Police Foundation supports public safety in Seattle through philanthropy, advocacy, and building strong community partnerships. But for Ian, it also represents a chance to engage stakeholders where they are, not just where they wish to be, to improve communication and partnership efforts.
Wellspring’s recent announcement of winding down is the latest example of sudden donor pivots harming grantees and perpetuating power imbalances. By Clare Gibson Nangle and Marianne Møllmann Getty Images Wellspring’s recent announcement of winding down is the latest example of sudden donor pivots harming grantees and perpetuating power imbalances.
Michael Bloomberg gave $1 billion through his Bloomberg Philanthropies to Johns Hopkins University to make medical school free for most students. By Maria Di Mento Chronicle illustration; Getty Images Reed Hastings and his wife, Patty Quillin, gave stock valued at $1.1 billion to their Hastings Fund at the Silicon Valley Community Foundation.
Philanthropy needs to emerge from its defensive crouch and unleash a bold and creative response to DEI attacks. By Gara LaMarche Amy Elting, Unsplash Philanthropy needs to emerge from its defensive crouch and unleash a bold and creative response to DEI attacks.
From "accelerationism" to "weaponize," this years words reflect who has influence over the people nonprofits serve and the field as a whole. By Lucy Bernholz Chronicle Illustration From "accelerationism" to "weaponize," this years words reflect who has influence over the people nonprofits serve and the field as a whole.
Sitting on the sidelines isnt an option as immigrant advocates are targeted. By Jazmn Chvez Aaron M. Sprecher, AP A U.S. Immigration and Customs Enforcement agent in New Orleans. Sitting on the sidelines isnt an option as immigrant advocates are targeted.
The grants will range from $1 million to $5 million and are meant to support small organizations focused on women's mental and physical health. Lever for Change will manage the competition.
The words that philanthropy and nonprofits use can stoke division, particularly in tense moments, a new study finds. By Drew Lindsay Shutterstock The words that philanthropy and nonprofits use can stoke division, particularly in tense moments, a new study finds.
Philanthropy should invest big in projects that give more Americans a voice in policy decisions that affect their lives. Philanthropy should invest big in projects that give more Americans a voice in policy decisions that affect their lives. By Loren McArthur Jerod MacDonald-Evoy/Arizona Mirror U.S. Alexandria Ocasio-Cortez and Sen.
Participating in the webinar conversation are the following people: Senowa Mize-Fox is Movement Engagement Manager for Climate Justice at the National Committee for Responsive Philanthropy. Politics4Her National Committee for Responsive Philanthropy Yasmina Benslimane is the Founder of Politics4Her.
During COVID, philanthropy showed what it could be at its best: nimble, coordinated, unusually brave. We understand from allies in philanthropy that funders, for their part, dont see themselves as retreating. And that is deeply disillusioning, as this is exactly the kind of moment many believed philanthropy was meant for.
By Nandita Raghuram Getty Images Keep up with everything happening in The Commons by signing up for the Chronicle's Philanthropy Today newsletter or our weekly Commons LinkedIn newsletter. Amid a loneliness epidemic that affects Black women at high rates, can a network of "aunties" help?
While philanthropy has an important role to play both in supporting the overall funding infrastructure for the arts, longer-term policy solutions are critical. While philanthropy has an important role to play both in supporting the overall funding infrastructure for the arts, longer-term policy solutions are critical.
With philanthropy's logic models and impact measures, pursuit of charitable good is no longer a unifying force. Collective charity can restore our power to create belonging for all. By Hali Lee Getty Images With our logic models and impact measures, pursuit of charitable good is no longer a unifying force.
Decades of global philanthropic aid missed the mark. It's time for a new strategy. By Dan Spokojny AP Photo Even before Secretary of State Marco Rubio announced deep cuts to the State Departments staff and structure, agency employees were increasingly expressing dissatisfaction with working there.
Image Credit: Katt Yukawa on Unsplash Editors Note: This article was republished with permission from the Center for Effective Philanthropy. A recent report from the Lilly Family School of Philanthropy at the University of Indiana notes that the proportion of U.S. Donors Down, Dollars Down?
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