Here are notable new grant awards compiled by the Chronicle:
Airbnb
$100 million commitment to the Airbnb Community Fund to make grants over the next 10 years to community-development organizations around the world. The short-term rental company has announced its first 150 recipients, which include the National Coalition for the Homeless and the Affordable Homeownership Foundation in the United States.
Airbnb.org, an independent nonprofit group that the company created last year, has also committed to raise $25 million in its Refugee Fund, a fundraising campaign that will expand the company’s support for refugees and asylum seekers worldwide.
Apollo Global Management, Ares Management, and Oaktree Capital Management
$90 million commitment to AltFinance: Investing in Black Futures, which will partner with historically Black colleges and universities to train students for careers in the alternative investment industry, an area of finance that includes investing in cryptocurrency, precious metals, real estate, commodities, venture capital, and hedge funds, among others.
Apollo, Ares, and Oaktree have each committed $30 million over 10 years to run the program.
Google
$50 million to 10 historically Black colleges and universities for scholarships, upgrades in technology for in-class and remote learning, and curriculum and career-support programs to expand their offerings in science, technology, engineering, and math. Each of the 10 institutions have received unrestricted grants of $5 million.
Shubert Foundation
$32.1 million in unrestricted grants to 575 nonprofit theaters, dance companies, professional theatre training programs, and related arts groups across the United States. The grants range from $10,000 to $325,000.
Rauch Family Foundation
$30 million to Duke University School of Medicine to establish an endowment for need-based financial aid for medical students.
Dudley Rauch, who graduated from Duke with a bachelor’s degree in mathematics in 1963, died in 2018. He founded Innoserv Technologies, a manufacturer of mobile medical-imaging equipment, and sold the company to General Electric in 1998.
Rockefeller Foundation
$20 million to a network of global organizations that are sequencing and sharing genomic information and other data in sub-Saharan Africa, India, and the United States to prevent future pandemics.
Garcia Family Foundation
$10 million over 10 years to the Human Services Campus for the Mike McQuaid Legacy Fund, which aims to raise $25 million to address homelessness in Phoenix through street outreach, client services, facility improvements, and other projects.
McQuaid was a longtime donor and volunteer at homelessness groups in Phoenix and helped found the Human Services Campus in 2005. He died last summer from Covid-19.
Nationwide Foundation
$10 million to Nationwide Children’s Hospital to endow a chair in pediatric transplantation, create the Pediatric Innovation Fund, and expand its affordable-housing program for families in the neighborhood of Linden in Columbus, Ohio.
Wells Fargo
$3.6 million through its Open for Business Fund program to provide technical assistance and resources to help women business owners who are Black, Indigenous, and people of color, particularly those in the technology and entertainment industries.
California State University at Los Angeles has received $1 million from the bank for a new student entrepreneurship program that aims to help communities recover from the pandemic.
Community Foundation for Greater Atlanta and United Way of Greater Atlanta
$3.3 million to 23 organizations through the Greater Atlanta Covid-19 Response and Recovery Fund. This is the ninth and final round of giving through the fund, which made a total of $28.2 million in grants during the pandemic.
Cravath, Swaine & Moore LLP
$3 million to Fisk University to renovate its classroom and learning spaces, including Jubilee Hall, which was built in 1876 and is the oldest permanent structure at a historically Black university.
Kresge Foundation
$2.1 million to organizations in Detroit and across the United States toward Covid-19 response and recovery efforts, including vaccinations and health disparities. The largest grant of $800,000 grant went to Health Leads for its Vaccine Equity Cooperative.
Filecoin Foundation for the Decentralized Web and Protocol Labs
$2 million commitment to USC Shoah Foundation and Stanford University to hire full-time staff and fund fellowships at the Starling Lab, a joint partnership between the universities to keep digital records on human-rights violations around the world.
Doris Duke Charitable Foundation
$1.6 million to Theatre Communications Group for Thrive, a new program that will provide unrestricted grants as well as professional development and technical assistance to theaters run by and serving those who are Black, Indigenous, and people of color.
New Grant Opportunity
The Public Interest Registry is soliciting nominations for its annual .Org Impact Awards. Cash prizes worth between $10,000 and $35,000 each will recognize innovative nonprofit organizations and individuals that are working to make the world a better place. The award categories in 2021 are: health and healing in a time of pandemic; overcoming climate change; fighting hunger and poverty; providing quality education for all; championing diversity, equity, and inclusion; building better communities; young people making a difference in their communities; and the .Org of the Year Award, which honors one organization with significant accomplishments. All nominees must operate a website whose domain name ends in .org to be eligible. Nominations are due July 30.
Send grant announcements to grants.editor@philanthropy.com.
Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.
