Foundations

Charities Collaborate to Create Awards Program Addressing Solutions to Health Issues
February 20, 2017 at 9:24 am

We hear much about American health and health care being in crisis. Health care in the U.S. is increasingly expensive for everyone—consumers and government alike—but it doesn’t make us healthy. Despite that, there are “bright spots” of change where communities are coming together in new ways to solve their most pressing health problems. These collaborations…

NBA Raises $500K for SagerStrong Foundation
February 20, 2017 at 9:11 am

With some long-range shots and a Shaq-aided slam, the SagerStrong Foundation has received a $500,000 donation. Following a tribute to Craig Sager after the three-point contest, TNT broadcaster Ernie Johnson came onto the court with champion Eric Gordon and finalists Kyrie Irving and Kemba Walker. Johnson said $10,000 would be donated to the charity for…

MacArthur Foundation Announces 100&Change Semi-Finalists
February 17, 2017 at 10:52 am

The MacArthur Foundation has chosen eight semi-finalists for 100&Change, a competition awarding a $100 million grant to the nonprofit or for-profit organization with the most distinguished, world-changing proposal. Submitted ideas include changing the way we care for orphans, treating blindness in Africa, providing virtual access to specialty medical care for the underprivileged and more...

Kutcher Speaks Out Against Modern Day Slavery
February 17, 2017 at 9:05 am

No one got "Punk'd" Wednesday morning when Ashton Kutcher came to Capitol Hill. The actor testified Wednesday before the Senate Foreign Relations Committee in a hearing on progress in combating modern slavery. Kutcher spoke on behalf of Thorn: Digital Defenders of Children, an organization he co-founded with then-wife Demi Moore in 2009 to build software to…

Coca-Cola Has Donated More Than $106M to Over 230 Nonprofits
February 16, 2017 at 8:53 am

The Coca-Cola Foundation and The Coca-Cola Company together donated more than $106 million to more than 230 organizations in 2016. These contributions will directly benefit communities across more than 200 countries and territories, with approximately 97 percent of the grants focused on The Coca-Cola Company’s core sustainability priorities of women, water and community well-being. The…

Gates Foundation: Empowering Women Is Key to Fighting Poverty
February 16, 2017 at 8:30 am

In 2006, Berkshire Hathaway CEO Warren Buffet donated $31 billion in company stock to the Bill & Melinda Gates Foundation. As a way of outlining just what the Gates family did with the "single biggest gift anyone ever gave anybody for anything," the couple have penned a lengthy report. The big takeaway is that the most…

Rhode Island Foundation Awards $45M in Grants
February 14, 2017 at 11:24 am

The Rhode Island Foundation says it awarded a record $45 million in grants last year. The foundation says about 1,600 nonprofit organizations received funding to promote economic security, educational success and healthy lives. The foundation says its total assets stood at about $830 million at the end of 2016. The foundation received nearly $60 million in…

Snapchat Co-Founders Create Snap Foundation to Support Nonprofits
February 13, 2017 at 9:59 am

Nonprofit arts, education and youth programs are are about to get a cash infusion from SnapChat. SnapChat and its co-founders, Evan Spiegel and Bobby Murphy, have pledged to donate up to 13 million shares of Class A common stock over the next 15 years to 20 years to a foundation to support arts, education and…

Obama Donated Over $1M to Charity as President
February 7, 2017 at 8:48 am

Barack Obama gave away more than $1 million while he was president of the U.S., more than half of which went to charities supporting children, according to a Forbes analysis of his tax returns from 2009 to 2015. The biggest recipient was the Fisher House Foundation, which supports families of veterans and received $392,000 from…

Surdna Foundation Commits $100M to Impact Investments
February 7, 2017 at 8:38 am

The Surdna Foundation plans to put $100 million of its roughly $1 billion endowment into investments that seek both financial and social returns. "The investments are an experiment," Shuaib Siddiqui, director of impact investing at Surdna, said. "We’re carving out this $100 million pool of capital to figure out: Can we continue to meet the needs…