Bezos Crowdsources His Next Philanthropic Effort

On June 15, Amazon founder Jeff Bezos wrote a tweet nobody expected. It was an image with the text “This tweet is a request fro ideas. I’m thinking about a philanthropy strategy that is the opposite of how I mostly spend my time—working on the long term. For philanthropy, I find I’m drawn to the […]

Gund Sells Painting to Start Criminal Justice Reform Fund

Philanthropist Agnes Gund, a former president of the Museum of Modern Art, sold one of her most valuable paintings to provide seed funding for a nonprofit criminal justice reform fund. Roy Lichtenstein’s “Masterpiece” hung on Gund’s mantel until she sold the piece in January for $165 million, including fees. Most of that money—$100 million—went to […]

Town & Country Names Top 50 Philanthropists of 2017

On May 8, the editors of Town & Country magazine shared the names of 50 men and women who are committed to changing the world through their philanthropy. Most of them are not household names, although a few are. Here are some of the people—with a combined giving power of $321 billion—who are making their […]

NASCAR Puts Philanthropy In High Gear

NASCAR CEO Brian France and his wife, Amy, have set the pace for the sport’s philanthropy. With a recent million-dollar partnership with Hassenfeld Children’s Hospital of New York at NYU Langone, the family has helped many children who otherwise may not have received medical care. “We don’t charge patients for our services, so we rely […]

EBay Founder Pledges $100M to Fight Fake News and Hate Speech

Taken aback by the way “fake news” has wormed itself into mainstream political discourse, eBay founder Pierre Omidyar is pledging to fight misinformation and hate speech. The International Consortium of Investigative Journalists (ICIJ) will be among the independent and investigative media outlets that will receive funding from Omidyar’s coffers over the next three years. According […]

2017 Guggenheim Fellowship Winners Announced

On April 6, the John Simon Guggenheim Memorial Foundation announced its 2017 class of fellows. The 173 Guggenheim fellows were appointed on the basis of prior achievement and exceptional promise, and were chosen from a group of almost 3,000 applicants. The Guggenheim Fellowships are unique for the great variety of backgrounds, fields of study, and […]

Brookings Institution Announces David M. Rubenstein Fellowship

On March 22, Brookings Institution President Strobe Talbott announced the establishment of the David M. Rubenstein Fellowship. The fellowship was made possible by a multi-million dollar gift from David M. Rubenstein, co-chair of the Brookings Board of Trustees and co-founder and co-CEO of The Carlyle Group, one of the world’s largest private equity firms. The […]

Tumblr Shows the Changing Face of Corporate Philanthropy

For a long time, corporations tended to avoid controversy when they could, seeing it as bad for business. When they engaged in philanthropy it was with causes that everyone could get behind, or at least which didn’t alienate many people. But we’re seeing a shift in recent years, well illustrated by Tumblr joining forces with […]

Everytown for Gun Safety and Snapchat: A Cautionary Tale

Nonprofits have to be careful who they work with, since their missions can be corrupted or tarnished by the wrong associations. Few organizations trying to curb gun violence would be willing to advertise for the NRA, for example, but Everytown for Gun Safety was put in exactly that position due either to a miscommunication or […]

Federal Cuts Might Hurt Existing Contracts in NYC

Since Donald Trump won the U.S. election, there has been concern in the nonprofit field that his proposals could result in less federal funding, which seems likely. But for most nonprofits, this is a future problem, one that requires looking for other funding opportunities to supplant or replace that funding. But for nonprofits in New […]