Grants

My work has taken me from the Florida Keys to Washington’s Olympic Peninsula and without fail, no matter which community I visit, I will at some point hear nonprofit funders comment, “Oh no, we don’t do capacity building. It’s just not a part of our focus.”...

Foundations and nonprofits have ambitious goals. In our work, we often talk about how systems change and foundations make major investments to achieve societal impact. This work is incredibly challenging and complex, and, increasingly, we are all coming to the realization that the old ways of working are becoming obsolete...

It’s clear: nonprofit organizations have very different accounting needs than for-profit companies.

Lilly Endowment has approved $80 million in grants for seven human services agencies that help individuals with disabilities and three agencies that help vulnerable children and youth. The grants are designed to support the agencies—all based in central Indiana—as they enhance their long-term impact by building stronger financial futures. Each agency will use most of…

Some key differences between “Shark Tank,” the hit reality show airing on ABC, and 100&Change, the first-of-its-kind MacArthur Foundation grant competition that saw its version of a final four present their ideas before a Chicago audience Monday: “Shark Tank” is about bringing a product to market, a new twist on the paper clip or a…

Wells Fargo announced a 5-year, $50 million commitment to American Indian/Alaska Native communities to help address their unique economic, social and environmental needs. The company will expand philanthropy programs, work to improve products and services to meet the financial and banking requirements of the American Indian/Alaska Native community, and help create a greater awareness of…

Bill Gates' charitable foundation is putting up $10 million to fund ideas aimed at improving education, eradicating poverty, stopping climate change, among other causes. On Tuesday, the Bill and Melinda Gates Foundation announced a partnership with the MiSK Foundation, a nonprofit philanthropic organization established by Saudi Crown Prince Mohammad bin Salman. The MiSK Grand Challenges…

A flood of money is pouring into the state’s top schools as the University of Chicago and University of Illinois have landed some of their largest-ever single donations within a week of each other. Ken Griffin, the richest man in Illinois, committed $125 million to U. of C.’s economics department, university leaders will announce Wednesday. It…

The College of Business at the University of Illinois at Urbana-Champaign will be known as the Gies College of Business after an unprecedented investment from a distinguished alumnus. The gift, announced today, will accelerate progress toward being recognized as the best and most innovative business school in the nation. This monumental gift comes from Chicago…

Houston Methodist has received a $101 million philanthropic gift from Paula and Rusty Walter and the Walter Oil & Gas Corporation to attract and retain the most talented physicians and scientists who will help pioneer lifesaving new treatments for patients suffering from diseases of all kinds. This gift is the largest in the institution’s nearly…