Foundations

Report: Donor-Advised Fund Grants Exceed $15B for the First-Time Ever
November 21, 2017 at 12:02 pm

For the past 7 years, the National Philanthropic Trust has been closely following donor-advised fund trends by conducting in-depth research reports. While donor-advised funds have been around for over a decade, its popularity has been rapidly increasing over the past few years...

The Philanthropic Side of Elvis Presley
November 3, 2017 at 8:52 am

Do you have a bucket list? For many years, going to Graceland, the home of the late Elvis Presley in Memphis, Tenn., has been at the top of my bucket list. I spent many hours creating excuses why I could not go on this visit...

Gates Foundation to Shift Education Focus
October 19, 2017 at 1:15 pm

Marking a new chapter in education philanthropy, the Bill & Melinda Gates Foundation will step back from its traditional education reform agenda to instead invest close to $1.7 billion over the next five years on new initiatives that include a focus on building networks of schools. "Education is, without a doubt, one of the most…

MacArthur Foundation Names 2017 ‘Genius’ Grant Winners
October 12, 2017 at 1:33 pm

The past year has been a whirlwind for Rhiannon Giddens, the Grammy-winning musician who became the first woman and first nonwhite person to win a major prize for excellence on the banjo and then celebrated the release of her latest album, “Freedom Highway,” with a performance at the Sing Sing Correctional Facility. But none of…

Michael Jordan Donating $7M to Open Medical Clinics in Charlotte
October 10, 2017 at 12:06 pm

Charlotte Hornets owner and NBA legend Michael Jordan will help start up two medical clinics in North Carolina by donating $7 million, according to Deon Roberts and Rick Bonnell of the Charlotte Observer. The Novant Health Michael Jordan Family Clinics will be built in poor and troubled areas of Charlotte. "Michael really wanted to do something personally,…

Obama Foundation Sets Summit to Promote Civic Engagement
September 14, 2017 at 10:17 am

Starting next month, the Obama Foundation will begin a series of one-day training sessions and also will host a summit aimed at promoting civic engagement among students and young adults, officials said Wednesday. In a video, former President Barack Obama said the programming, along with the creation of a fellowship program and the incorporation of…

Watt: I Can Balance Fundraising and Football
September 7, 2017 at 1:12 pm

Just days before the Houston Texans regular season opener with the Jacksonville Jaguars and mere moments after HEB chairman Charles Butt donated $5 million to Watt’s Hurricane Harvey relief fund—bumping the total to nearly $27 million—Watt said he has more than enough energy to take manage both responsibilities. “It’s a balance,” Watt said. “I’ve had…

Study: A Nonprofit’s Impact Is the Most Significant Consideration to Funders
September 5, 2017 at 11:17 am

Our sector is all about the promotion of social good. All of you are fighting day in and day out to raise awareness and find solutions to your organization’s mission. Whether it’s fighting child slavery, ending hunger or finding treatments for deadly diseases, you are all in this to create a better world...

Mom Launches Social Justice Foundation for Charlottesville Victim
August 28, 2017 at 11:20 am

The mother of a woman killed during clashes between white nationalists and anti-racist protesters in Virginia said on Sunday she was launching a foundation in her daughter’s name to promote social justice issues. Susan Bro’s daughter, Heather Heyer, was mowed down by a car driven into anti-racists who were protesting against a rally by white…