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Articles on Foundations
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Giving receded as many Americans saw their purchasing power decline, straining household budgets.
Foundations mostly give money away in the form of grants. But there’s also a way for them to make a kind of loan that can stretch their charitable dollars.
Yvon Chouinard’s gift is unusual due to its structure but is also part of a trend. Many billionaires and large foundations are now funding these causes.
The low-income homebuyers who obtained these homes were deprived of the financial security they were promised. They’re now eligible for at least $25,000 in reimbursements for repairs.
The greedy tendencies of police departments help illustrate why public police funding is a major problem today in Canada and the United States.
This growing trend aims to shift some of the power funders typically wield to the groups getting their money.
Decades of data indicate that over time, the foundations gave less to the founder’s own community and religious causes. But the share of their donations supporting social movements rose.
Asking for input is more common than letting stakeholders help set a foundation’s priorities or giving them any say where grant money flows.
Two scholars of philanthropy and geography who reviewed the numbers see cause for concern about the agility and priorities of grantmakers during a crisis.
For every 0.1°C rise in temperature, the number of sinkholes increases by 1 to 3%.
While support for social services and historically black colleges and universities rose sharply, these donors spent a tiny fraction of what the government distributed to people who needed help.
Nonprofits are being forced to do more with less money, which may force many of them to close within the next couple of years.
Similar arrangements already support the National Park Service, the National Institutes of Health and other federal agencies.
Due to a ‘once-in-a-century crisis,’ five big foundations are spending more of their assets on grants than usual. Some are issuing bonds to finance their extra support for nonprofits.
It’s too soon to say what will happen with philanthropy in 2020, but looking at 2019 may offer some clues.
In past recessions, donors have tightened their pursestrings even as the need has grown. But two scholars explain why, at least for foundations, there’s room for more generosity in tough times.
Under a settlement reached with New York authorities, he must give US$2 million to nonprofits out of his own pocket. And if he wants to start another foundation, Trump must submit to close supervision.
Congress can fix this by updating the tax code.
The $4 billion that foundations are pledging to spend within five years amounts to less than 1 percent of what businesses and governments spend on global warming every year.
Top contributors
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Fisher Designated Professor of Accounting, The Ohio State University
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Associate Professor of Law, University of Pittsburgh
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Associate Director of Research, Indiana University Lilly Family School of Philanthropy, and Managing Editor, Giving USA, Indiana University
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Doctoral candidate in Public Policy and Management, University of Washington
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Glenn Family Chair Emeritus of Economics and Philanthropic Studies, Indiana University
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Associated Director of Data Partnerships at the Lilly Family School of Philanthropy, Indiana University
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Honorary Fellow, UTS Business School, University of Technology Sydney
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Associate Professor of Communication, University of Pennsylvania
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Senior Counsellor and Professor Emeritus of Practice in Philanthropic Studies, Lilly Family School of Philanthropy, Indiana University
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Professor, School of Communication; Executive Editor, Investigative Reporting Workshop, American University School of Communication
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Professor of Law and Director of the Center for Professional Ethics, Case Western Reserve University
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Professor of Public Administration, Binghamton University, State University of New York
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Associate Professor of Nonprofit Management, University of Oregon
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Research Fellow, University of Oxford
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Professor, Head of Department of Management, UTS Business School, University of Technology Sydney
