Latest Lilly Endowment Inc. News

100 teens get lifetime support to foster global service work

Oct. 25, 2021 08:46 AM EDT

NEW YORK (AP) — Christian Maboko wants to change the world. Starting Monday, the 18-year-old from Burundi, who lives in a Kenyan refugee camp and has co-founded a nonprofit to help address poverty there, will get a lifetime of help with his work from a new philanthropic program to nurture...

Study: Only 2% of global giving goes to curb climate change

Oct. 21, 2021 14:36 PM EDT

Global philanthropic spending to help halt climate change grew last year — but still remains less than 2% of all giving, according to a new report from the ClimateWorks Foundation. That’s a really low number, especially as the detrimental effects of climate change...

Gates Foundation to spend $120M on access for COVID-19 pill

Oct. 20, 2021 10:49 AM EDT

The Bill and Melinda Gates Foundation says it will spend $120 million to boost access to generic versions of drugmaker Merck’s antiviral COVID-19 pill for lower income countries, if the drug gets approved by regulators. The private foundation said in a statement...

New York City activists, residents awarded $1M prize

Oct. 19, 2021 18:10 PM EDT

Fela Barclift recalls the day in 1981 when she left her Brooklyn brownstone to search for childcare for her daughter. Racial representation is important for Barclift, who is Black, so she went to nearly 10 different childcare centers to look for the perfect fit. But she couldn’t find any...

In Ghana, Rastafarian high schooler fights to keep his hair

Oct. 19, 2021 05:32 AM EDT

Tyrone Iras Marhguy had to make a difficult decision after being accepted to the high school of his choice: his faith or his education. An official at the academically elite Achimota School in Ghana told the teen he would have to cut his dreadlocks before enrolling. For...

Who will get Powell Jobs' $3.5B gift for climate work?

Oct. 18, 2021 21:04 PM EDT

Philanthropist Laurene Powell Jobs is gearing up to invest $3.5 billion into climate-focused initiatives in the next 10 years. But if the donation patterns of her foundation continue, the public might never know where that money is going. A spokesperson with Powell...

Ford Foundation to divest millions from fossil fuels

Oct. 18, 2021 16:32 PM EDT

The Ford Foundation, one of the largest private foundations in the United States, announced Monday that it will divest millions from fossil fuels, following similar investment decisions made by other sizable foundations in recent years. For years, climate activists have...

Foundations back new effort to ignite Americans' generosity

Oct. 14, 2021 10:24 AM EDT

In a new effort backed by more than $2 million in grants from the nation’s biggest foundations, a group of philanthropy leaders Tuesday announced the public kickoff off a campaign to drive greater giving of time and money, especially from middle- and low-income Americans. Noting that...

GOP stalls pick who'd be government's highest-ranking Muslim

Oct. 13, 2021 13:46 PM EDT

WASHINGTON (AP) — The nomination of a Pakistani-born businessman who would be the highest-ranking Muslim in the U.S. government is in jeopardy because Senate Republicans have repeatedly blocked his confirmation. The stalemate has led to Democratic charges of anti-Muslim bias and galvanized...

Ms. Foundation focuses funds on groups led by minority women

Oct. 13, 2021 10:44 AM EDT

NEW YORK (AP) — The Ms. Foundation for Women unveiled $4 million in funding Wednesday for more than 100 groups that are working for social justice. But the nation’s oldest women’s foundation says it hopes its grants will exert an even larger impact by helping reshape philanthropy. ...