Latest Philanthropy News

NAACP fund seeks to close Black voter registration and turnout gaps ahead of the November election

May. 22, 2024 15:44 PM EDT

WASHINGTON (AP) — The NAACP on Wednesday announced that nonprofits engaged in a variety of voter-engagement efforts can apply for grant funding that helps local organizations register voters, boost turnout and guard against minority disenfranchisement. The leading civil rights...

$100 million for equity: MacArthur Foundation's new big bet and mandate

May. 22, 2024 15:29 PM EDT

The MacArthur Foundation will let loose another $100 million to a single project in the third installation of its global 100&Change competition, which for the first time requires applicants to address diversity, equity, and inclusion issues, the foundation announced Wednesday. ...

Anonymous gifts are common. But a climate group says a $10 million gift it got is an all-out mystery

May. 22, 2024 09:05 AM EDT

On a Friday morning in April, Dan Stein, the founder of Giving Green, a climate philanthropy organization, found some big news in a surprising email. An anonymous donor had given his fund $10 million. “I didn’t quite process the number of zeroes,” Stein said, adding he was...

All that 'checkout charity' adds up. Domino's plans $174 million from it for St. Jude hospital

May. 21, 2024 15:21 PM EDT

The world's top-selling pizza chain is betting big on the generosity of its customers. And it is not alone. Domino's recently pledged $174 million over the next ten years to benefit St. Jude Children’s Research Hospital, expecting the funds to come from its longstanding roundup...

Police raid the headquarters of the Milan-Cortina Olympics organizers in sponsors inquiry

May. 21, 2024 10:53 AM EDT

MILAN (AP) — Italy's financial police raided the headquarters of the Milan-Cortina 2026 Winter Olympics local organizing committee on Tuesday as part of an investigation into alleged irregularities over the way digital sponsors for the games were selected. “The checks underway...

Billionaire rains cash on UMass graduates to tune of $1,000 each, but says they must give half away

May. 20, 2024 17:33 PM EDT

MEREDITH, N.H. (AP) — The clouds weren't alone in making it rain on the commencement ceremony at the University of Massachusetts Dartmouth last week. On stage, billionaire philanthropist Rob Hale surprised the graduating class of more than 1,000 by pointing to a nearby truck holding envelopes...

The larger the nonprofit, the more likely it is run by a white man, says new Candid diversity report

May. 16, 2024 09:29 AM EDT

NEW YORK (AP) — White men are most likely to lead the largest, best-funded nonprofits, while women of color tend to lead the organizations with the fewest financial resources, according to a study from the nonprofit data research organization Candid. “ The State of Diversity in...

As Melinda French Gates leaves the Gates Foundation, many hope she’ll double down on gender equity

May. 15, 2024 09:42 AM EDT

NEW YORK (AP) — Melinda French Gates is already one of the biggest philanthropic supporters of gender equity in the United States and is now poised to put another $12.5 billion toward intractable problems like closing the gender pay gap and increasing women's political participation, her grantees...

Canadian historian Michael Ignatieff wins Spain's Princess of Asturias Award for Social Sciences

May. 15, 2024 07:14 AM EDT

MADRID (AP) — Canadian historian and writer Michael Ignatieff has won Spain’s Princess of Asturias Award for Social Sciences for his “critical reflections on the major conflicts of our time,” prize organizers said Wednesday. With more than 20 books that range from human...

New Builders initiative looks to fight polarization by encouraging collaboration and alliances

May. 14, 2024 18:59 PM EDT

NEW YORK (AP) — Adam Luke remembers entering the first meeting of what would become the Citizen Solutions pilot project thinking, “Oh god, this is going to suck.” A self-described “educated redneck,” Luke was one of 11 Tennesseans with widely divergent views on gun rights...