Here are notable new grant awards compiled by the Chronicle:
JPMorgan Chase
$500 million in grants and low-cost loans to help more people benefit from the growing economy. Part of the grant money and up to $250 million in loans will go toward a new effort called AdvancingCities Challenge, which will focus on collaborative efforts in up to 30 cities around the world. The rest will go toward major investments in particular cities whose conditions are ripe for success but that need funds to carry out their efforts. JPMorgan will also will seek to attract $1 billion more from other sources.
Laura and John Arnold Foundation, Peterson Center on Healthcare, and Gary and Mary West Foundation
$30 million in cash and loans to create Civica Rx, a nonprofit pharmaceutical company that will produce generic drugs to help drive down prices. Each foundation gave $1 million to establish the new charity plus up to $9 million in loans to the nonprofit.
See the Chronicle’s coverage of the new venture.
Belford Family Charitable Fund
$10 million to Ohio State University for spinal-cord injury research at the Wexner Medical Center.
Walmart Foundation
$4 million to Benefits Data Trust to help 45,000 poor older people and families enroll in the Supplemental Nutrition Assistance Program.
Richard J. Fasenmyer Foundation
$3.8 million to the Burton D. Morgan Foundation to provide educational and networking opportunities to entrepreneurs in northeast Ohio.
Helios Education Foundation
$2.1 million to the Black Leadership Network for a scholarship endowment and its mentoring and leadership-skills programs.
Koret Foundation
$2 million over three years to the National Math and Science Initiative for its College Readiness Program, which will boost teacher training on Advanced Placement coursework and STEM subjects at three high schools in California’s Hayward Unified School District.
Helen Marie Stern Memorial Fund
$1 million to the Jewish Federation of Greater Atlanta to support its Front Porch initiative, which aims to strengthen interpersonal connections in Jewish communities across the Atlanta metropolitan area.
New Grant Opportunity
The Best Buy Foundation has issued a request for proposals for its National Partner Career Pathway grants, which support nonprofit organizations that offer skills training, internships, and other work experience for teenagers interested in technology jobs. City-based charities that work with minority youths ages 16 to 21 are eligible, with preference given to organizations in Boston, Chicago, Dallas, Denver, Las Vegas, Los Angeles, Minneapolis and St. Paul, Oakland, New York, San Antonio, San Diego, Seattle, and Washington. Program grants are typically worth $100,000 to $350,000. Proposals are due October 1.
Send grant announcements to grants.editor@philanthropy.com.
The Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.
