Foundations
February 17, 2017 at 9:05 am
No one got "Punk'd" Wednesday morning when Ashton Kutcher came to Capitol Hill. The actor testified Wednesday before the Senate Foreign Relations Committee in a hearing on progress in combating modern slavery. Kutcher spoke on behalf of Thorn: Digital Defenders of Children, an organization he co-founded with then-wife Demi Moore in 2009 to build software to…
February 16, 2017 at 8:53 am
The Coca-Cola Foundation and The Coca-Cola Company together donated more than $106 million to more than 230 organizations in 2016. These contributions will directly benefit communities across more than 200 countries and territories, with approximately 97 percent of the grants focused on The Coca-Cola Company’s core sustainability priorities of women, water and community well-being. The…
February 16, 2017 at 8:30 am
In 2006, Berkshire Hathaway CEO Warren Buffet donated $31 billion in company stock to the Bill & Melinda Gates Foundation. As a way of outlining just what the Gates family did with the "single biggest gift anyone ever gave anybody for anything," the couple have penned a lengthy report. The big takeaway is that the most…
February 14, 2017 at 11:24 am
The Rhode Island Foundation says it awarded a record $45 million in grants last year. The foundation says about 1,600 nonprofit organizations received funding to promote economic security, educational success and healthy lives. The foundation says its total assets stood at about $830 million at the end of 2016. The foundation received nearly $60 million in…
February 13, 2017 at 9:59 am
Nonprofit arts, education and youth programs are are about to get a cash infusion from SnapChat. SnapChat and its co-founders, Evan Spiegel and Bobby Murphy, have pledged to donate up to 13 million shares of Class A common stock over the next 15 years to 20 years to a foundation to support arts, education and…
February 7, 2017 at 8:48 am
Barack Obama gave away more than $1 million while he was president of the U.S., more than half of which went to charities supporting children, according to a Forbes analysis of his tax returns from 2009 to 2015. The biggest recipient was the Fisher House Foundation, which supports families of veterans and received $392,000 from…
February 7, 2017 at 8:38 am
The Surdna Foundation plans to put $100 million of its roughly $1 billion endowment into investments that seek both financial and social returns. "The investments are an experiment," Shuaib Siddiqui, director of impact investing at Surdna, said. "We’re carving out this $100 million pool of capital to figure out: Can we continue to meet the needs…
February 2, 2017 at 9:51 am
Joe and Jill Biden launched The Biden Foundation on Wednesday, telling supporters in a video that "as long as he has a breath in it," the former vice president will be working on issues that matter to him. The foundation is an effort to further the work the Bidens did over eight years in the…
January 31, 2017 at 10:27 am
The Roy Lichtenstein Foundation of New York, named for the world-famous pop artist and Ohio State University alumnus, announced it has established two $3 million endowments at OSU to support endowed chairs in art history and studio art. Dorothy Lichtenstein, the artist's widow, said in a statement released by OSU that, "For a number of…
January 19, 2017 at 10:12 am
The Clinton Foundation has shut down the Clinton Global Initiative in a move that political opponents have taken as confirmation that the organization is a slush fund. The Clinton Global Initiative is a division of the Clinton Foundation that “convenes global leaders to create and implement innovative solutions to the world’s most pressing challenges,” according…
