Nonprofit News From Elsewhere Online
The Rockefeller Foundation plans to put $1 billion over the next five years into projects that will help poor communities around the world address climate change. Among other things, the philanthropy will fund electric buses, power grids, and sustainable farming and will offer guarantees to banks and investors that support local climate entrepreneurs. Foundation President Rajiv Shah said Rockefeller will devote about 75 percent of its resources over the next half-decade to fighting climate change. (Reuters)
In a rare interview, Priscilla Chan discussed the Chan Zuckerberg Initiative’s multibillion-dollar quest to cure, prevent, or manage all disease by the end of the century — with a “10-year goal … to really focus on the cell.” Speaking at Fortune’s Impact Initiative conference last week, the CZI co-founder described the initiative as a small, strategic player in scientific research that sought to find areas overlooked by or are complementary to work being funded by major institutions. Since its founding in 2015, CZI has committed some $6 billion to scientific research. (Fortune)
More on Climate Philanthropy
- Philanthropies Boost Support for BIPOC-Led Climate Groups (Axios)
- Push for Climate Philanthropy Takes On Urgency at U.N. General Assembly (Devex)
More News
- Lots of Americans Are in the Global 1%. A Tenth of Their Income Could Transform the World. (Vox)
- The Simple Nudge That Raised Median Donations by 80% (New York Times)
- Jann Wenner Removed From Rock Hall Board After Times Interview (New York Times)
- Ashton Kutcher Resigns From Children’s Charity Over Support for Masterson (Washington Post)
- Politically Connected Las Vegas Nonprofit Misused State-Issued Federal Covid Relief Funds (Nevada Independent)
- CEO of Utah County-Based Nonprofit Exitus Is Accused of Over 30 Felonies (Salt Lake Tribune)
- Boston University Center for Antiracist Research Lays Off Staff Members (Boston Globe)
- The Scorched-Earth Activist Trying to Take Down Hunter Biden (Washington Post)
- A Journey From Homelessness to a Room of One’s Own (New Yorker)
- Amid Reading Wars, Columbia Will Close a Star Professor’s Shop (New York Times)
- Forest Service Unveils 385 Urban Forestry Projects to Get Over $1 Billion in Grants (Smart Cities Dive)
Big Gifts
- Pittsburgh Nonprofits Get Lifeline as YWCA Shares $20 Million Grant From MacKenzie Scott (NEXTpittsburgh)
- Fla.’s Stetson University Gets $15.4 Million Gift (Orlando Business Journal)
- University of Virginia Alumnus’s $50 Million Gift Supports Mcintire Expansion and Athletics (CBS19 News)