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The Latest Breaking News from the Chronicle of Philanthropy

A $200 million endowment focused on Black Americans is taking shape

The Black Freedom Fund plans to expand to a $200 million endowment

The Independent UK

A $2.5 billion pledge makes women’s health a priority in Gates Foundation spend-down

The Gates Foundation has committed $2.5 billion over five years to advance women's health research

The Independent UK

In the nation’s poorest Congressional district, federal funding cuts create perfect storm

Nonprofits in the Bronx are facing severe challenges as federal grant cuts disrupt essential services

The Independent UK

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McDowell County, West Virginia, birthplace of food stamps, faces a disappearing safety net

Nonprofits in McDowell County, West Virginia, face severe challenges due to federal funding cuts

The Independent UK

Charitable giving in 2024 was up, according to new Giving USA report

Charities received $592.5 billion in donations in 2024, a 3.3% increase over 2023, after adjusting for inflation, according to the most recent ”Giving USA″ report, which takes a comprehensive look at U.S. philanthropy

The Independent UK

How Nest turned a $24,000 idea into a global movement supporting women artisans

In 2005, Rebecca van Bergen was a graduate student in social work at Washington University when she won $24,000 in a school innovation contest

The Independent UK

Gifts from top 50 US philanthropists rebounded to $16B in 2024 − Mike Bloomberg; Reed Hastings and Patty Quillin; and Michael and Susan Dell lead the list of biggest givers

The 50 American individuals and couples who gave or pledged the most to charity in 2024 committed US$16.2 billion to foundations, universities, hospitals and more. That total was 33% above an inflation-adjusted $12.2 billion in 2023, according to the Chronicle of Philanthropy’s latest annual tally of these donations. Media mogul…

The Conversation

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Carlyle Group co-founder Bill Conway’s $1 billion plan to end the nursing shortage

No other wealthy donor has dedicated as much money to such a wide range of nursing programs as Bill Conway, the 75-year-old co-founder of the private equity giant the Carlyle Group, and his late wife, Joanne Barkett Conway, who died in January, 2024

The Independent UK

MacKenzie Scott gives rare third gift to medical debt relief group

MacKenzie Scott continues to make medical debt relief a priority in her mysterious giving

The Independent UK

Billion-dollar donation from Netflix's Reed Hastings leads 2024's list of biggest gifts

Netflix co-founder Reed Hastings and former New York City mayor Michael Bloomberg made the largest contributions in 2024, and financial aid, especially for medical students, got most of the money

The Independent UK

Can ordinary citizens solve our toughest problems?

Research shows Americans are frustrated with what they perceive as aloofness and gridlock within civic institutions

The Independent UK

National grantmakers bet this rural education program can scale

The Ballmer Group, Blue Meridian Partners, and others are helping Partners for Rural Impact take a model from Harlem and adapt it for Appalachian Kentucky and beyond

The Independent UK

Did Taylor Swift create a new era for food bank donations?

Since last March, Taylor Swift has donated the equivalent of hundreds of thousands of meals to help feed the growing number of Americans grappling with rising food and housing costs

The Independent UK

Can a lottery winner run an effective foundation? Meet Roy Cockrum

In the early 1980s, soon after graduating from college, Roy Cockrum was trying to make it as an actor in New York

The Independent UK

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The Independent UK

Tiny homes, built largely with philanthropic support, offer more patch than solution to homelessness

In response to a nationwide crisis that has left more than 650,000 people without housing, 100 tiny home villages for the homeless have opened in the United States over the past five years

The Independent UK

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

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

The Independent UK

Ta-Nehisi Coates spearheads new fund combatting sexual violence

Author and journalist Ta-Nehisi Coates is teaming up with two nonprofits to launch a new fund that will make awards to champions of sexual violence prevention and that will support education and healing programs, predominantly for Black women and girls, with plans to raise $10 million over the next two…

The Independent UK

Warren Buffett, James Simons and Phil Knight are among the top charity donors of 2023

Investment guru Warren Buffett topped The Chronicle of Philanthropy's annual list of the biggest charitable donations in 2023, with his $541.5 million gift to the Susan Thompson Buffett Foundation, named for his first wife, who died in 2004

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The Independent UK

Latino charitable giving rates drop sharply — but that’s not the full story

The share of Latinos who give to established charities has dropped sharply since 2008, a new study has found

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