Foundations

If Trump’s Charity Reflects the Man…
August 4, 2015 at 1:33 pm

After the Associated Press reviewed Donald Trump’s financial records and other government filings, it has come to the following conclusions about his claims to charitable contributions over the past five years: They may be overstated. Even if they were accurate, they’re relatively chintzy. They’re often connected to some kind of celebrity. In some cases, Trump…

Scripps Research Institute Receives $4.5 Million for HIV Project
July 28, 2015 at 1:17 pm

The Scripps Research Institute (TSRI) in La Jolla, Calif., has announced two grants totaling more than $4.5 million from the Bill & Melinda Gates Foundation to help develop a vaccine against HIV/AIDS. The grants, awarded through the foundation's Collaboration for AIDS Vaccine Discovery program, will fund new tools in TSRI's High Resolution Electron Microscopy Facility…

Podcast: GameStop Quadruples High Score, Raises $1.2 Million for Make-A-Wish
July 24, 2015 at 2:05 pm

Today on CauseTalk Radio, the hosts talk to Matt Hodges, vice president of public and investor relations at GameStop. If you or your kids play video games you've probably visited a GameStop. And with over 6,600 worldwide locations it's easy to find a store. Gamers are passionate about their games, but they don't play around…

DiCaprio Foundation Awards $15 Million for Conservation Efforts
July 17, 2015 at 1:35 pm

The Leonardo DiCaprio Foundation has announced grants totaling $15 million for conservation efforts around the globe. Grants were awarded in support of efforts aimed at protecting key endangered species and threatened marine and terrestrial ecosystems, empowering indigenous communities, and securing long-term investments in conservation and climate change adaptation efforts. Recipients include ClearWater, which is working with…

Cancer Nonprofit Investigated by Tennessee Secretary of State’s Office
July 9, 2015 at 2:03 pm

The Tennessee secretary of state’s office is investigating a cancer nonprofit with family ties to four other charities that were sued in May by the federal government on allegations they bilked donors of $187 million, according to a person familiar with the matter. The group being investigated, the American Association for Cancer Support Inc., of…

'Investment Club' of Foundations Pays Off for Nonprofits
July 2, 2015 at 1:18 pm

The first investment made by a group of New York foundations that decided to pool their resources last fall isn’t likely to generate much cash. But for residents of the Port Morris neighborhood in the South Bronx, returns from the program-related investment, or PRI, will be "humongous," predicts Plinio Ayala, president of Per Scholas, a…

St. David's Foundation Awards Nearly $27 Million to Texas Nonprofits
June 29, 2015 at 1:28 pm

The St. David’s Foundation in Austin, Texas, has announced grants totaling more than $26.8 million to local nonprofit organizations working to provide health care-related services to residents of central Texas. The grants include more than $12 million to 21 organizations awarded through the foundation's Healthy People program, which supports safety net clinics that provide a…

Sean Parker Seeks a New Approach to Charity
June 25, 2015 at 1:59 pm

Sean Parker has been known for many things over many years, like being a co-founder of Napster, an early Facebook executive and a fun-loving, jet-setting billionaire. Now he wants to be known for a different role: a distinct kind of philanthropist. Mr. Parker is embarking on formal introductions of new programs to be financed by…

Clintons Charge Big Fees to Small Nonprofits
June 19, 2015 at 2:14 pm

When Condoleezza Rice headlined a 2009 fundraising luncheon for the Boys and Girls Club of Long Beach, she collected a $60,000 speaking fee, then donated almost all of it back to the club, according to multiple sources familiar with the club’s finances. Hillary Clinton was not so generous to the small charity, which provides after-school…

City Year Receives $2.5 Million Grant from New York Life Foundation
June 19, 2015 at 1:33 pm

City Year, an education-focused nonprofit organization that helps students to stay in school and on track to graduation, announced that it will standardize and scale its after-school middle school program with the support of a three-year $2.5 million grant from New York Life Foundation. “We are grateful and proud to welcome New York Life as…