Update on Asian American Fund

A piece that ran in Thursday’s Philanthropy Today about the new Asian American Foundation reported that had already attracted $250 million in contributions. On Thursday, after a meeting with White House officials in which President Biden signed into a law a bill that aims to curb hate directed at Asian Americans, the foundation announced that more donations and commitments had poured in, raising the total to nearly $1.1 billion.

Nonprofit News From Elsewhere

Cities recovering from this year of crisis can find a rough template in Detroit’s comeback, which marshaled federal, local, philanthropic, and corporate resources to rebuild its infrastructure, broadly defined. The wide-ranging priorities included land reclamation, small-business development, early-childhood education, and shoring up public pensions, writes Rip Rapson, CEO of the Kresge Foundation. Foundations seeded an $800 million fund for much of this work, and a broad array of civic actors worked with the Obama administration to exploit federal technical expertise and to get flexibility in using federal dollars and tweaking regulations. (Bloomberg CityLab)

New York City’s newest and probably most novel park, Little Island, opens today after years of work and a $260 million-plus investment from media and tech mogul Barry Diller and fashion designer Diane von Furstenberg. Floating on more than 130 tulip-shaped concrete columns at the site of an abandoned shipping pier on the Hudson River, Little Island offers meandering paths and various performance spaces. It is largely the brainchild of Diller, who started planning it in 2012 and nearly walked away as litigation over the project dragged on for years. The couple have committed another $120 million to fund its maintenance and theater productions over the next 10 years. “This is only for people’s pleasure. It has no other purpose,” Diller said. (Wall Street Journal — subscription)

More News

  • Why Covax, the Fund to Vaccinate the World, Is Struggling (Vox)
  • A Nonprofit That Helps the Poor Lost $650,000 to Scammers. The Boss Had to Go After Them Herself (San Francisco Chronicle)
  • Willing to Help but Nowhere to Go: California’s Recruitment of Covid-19 Volunteers Fell Short (CalMatters)
  • Lawsuit Targets Salvation Army for Barring Use of Anti-Addiction Medication in Rehab Programs (Boston Globe)
  • Hindu American Foundation Files Defamation suit Against Hindu Rights Nonprofit (Religion News Service)
  • D.C. Mayor Bowser Names New Chairman of Arts Commission, Which Is Facing Accusations of Cronyism and Racism (Washington Post)

Innovation

  • Google Teams Up With Sight-Loss Charity RNIB to Create Accessible Storytelling Website (Forbes)
  • The Guggenheim Is Proving That Museums Aren’t Just to Be Seen (New York Times)
  • How One Man’s Mission Is Now Transporting Surgery on the Road Less Traveled (Deseret News)

Giving

  • $150 Million Grant From Richard King Mellon Foundation to Fund Carnegie Mellon University Science Building and Robotics Center (Pittsburgh Post-Gazette)
  • $20 Million Dartmouth Gift Targets STEM Diversity Gap (New Hampshire Business Review)
  • Penn’s Wharton Reveals $5 Million Bitcoin Gift Amid Crypto Market Rout (Bloomberg)
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