Foundations
The Bill and Melinda Gates Foundation now requires all its grant recipients to make their published, peer-reviewed work immediately available to the public, the latest development in a larger push to make research more accessible. The foundation rolled out the new policy in 2015, but allowed for a two-year transition period during which grant recipients…
Foundations receiving tax-deductible contributions are booming, but a new report says little of the new money pouring in makes its way to those working on social justice issues. The National Committee for Responsive Philanthropy report says between 2003 and 2013, which included the Great Recession, the assets of the country's grant-making foundations increased by more…
Recently, we argued that the once-sleepy world of corporate philanthropy is getting a lot more sophisticated as funders sharpen their priorities and "fuse traditional grantmaking with market-based approaches in ways that traditional foundations either can’t or won’t do." We also noted how corporate philanthropy was getting more tightly yoked to the quest for higher profits. Changes…
The philanthropy pie is growing, but the slices are getting bigger. Those slow to the table are going to be left hungry. The evolving behavior of philanthropists will also require an innovative approach from the nonprofit organizations and leaders that seek their investment. Focusing on improvement and activity in three key areas will best position nonprofits to win in an increasingly competitive market...
The nonprofit foundation that runs San Diego Fleet Week is out of money, and its board has been negotiating with creditors to settle its debts, according to a report. A San Diego Union-Tribune analysis published Saturday found the San Diego Fleet Week Foundation's deepest deficits are tied to its cornerstone event, the Coronado Speed Festival,…
Donald Trump cannot move ahead with his plan to dismantle his charitable foundation because state prosecutors are probing whether the president-elect personally benefited from its spending, the New York attorney general's office said Tuesday. "The Trump Foundation is still under investigation by this office and cannot legally dissolve until that investigation is complete," said Amy…
President-elect Donald Trump said he plans to shut down his charitable foundation, a decision that comes after repeated controversies over how it collected and disbursed funds. In a statement Saturday, Trump offered no timeline for when his foundation would close down, but said he had directed his attorney to take the steps needed to close it.…
Remember when Philadelphia Eagles wide receiver Dorial Green-Beckham tried to take part in the "My Cause, My Cleats" campaign by wearing cleats representing the fictional Kanye West "Yeezy Foundation?" Well, as expected, the NFL didn't like it, and fined Green-Beckham $6,076...
It's a sunny day in Southern California. At One Tiger Woods Way, four miles north of Disneyland in Anaheim, dozens of kids are streaming down a tree-lined path into an enormous glass and sandstone building called the TGR Learning Lab. Many of them don't fully understand who Tiger Woods is, although they see his name…
In June 2016, Rockefeller Foundation president Judith Rodin announced that she’d be stepping down after more than a decade of leadership. She's planning on staying until a successor is named, but finding someone with the right résumé might be tricky: The philanthropic agency she leaves behind barely resembles the one she once took over—or how…