Articles on Foundations

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As journalism loses its financial footing, it may need more support from foundations. Tim Karr/Free Press

Can charity save journalism from market failure?

Big cash infusions can give nonprofit journalism a much-needed boost. But the ailing news industry needs more consistent funding.
Tech billionaire Sean Parker and his wife Alexandra Lenas Parker are among today’s youngest and most ambitious donors. Rich Fury/Invision/AP Photo

Should the giving styles of the rich and famous alarm us all?

In 'The Givers,' author David Callahan warns that today's mega-rich philanthropists wield too much political clout. He may be exaggerating their power and lowballing the public's own strength.
Australia is becoming more unequal. And Australia’s wealthiest people don’t seem to want to do anything about it. AAP/Joel Carrett

Australia’s rich give little – and a culture of secrecy surrounds their philanthropy

There is a view that philanthropy from super-wealthy individuals, rather than government policy, will be the force that changes the world for the better. But this seems unlikely in Australia.

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