News

Community Foundation Update (08/24/19)

Community Foundation Update (08/24/19)

Posted August 24, 2019

News and staff announcements from community foundations in California, Connecticut, Hawai'i, Louisiana, Michigan, Ohio, Oklahoma, Rhode Island, Texas, and Wisconsin....

Industrialist and Philanthropist David H. Koch Dies

Industrialist and Philanthropist David H. Koch Dies

Posted August 24, 2019

David Koch, who retired in June 2018 as executive vice president of Koch Industries, gave a total of $1.3 billion over his lifetime and had a significant impact on America politics through the donor networks he built with his older brother Charles....

Met to Sell Chinese Artworks Donated by Florence and Herbert Irving

Met to Sell Chinese Artworks Donated by Florence and Herbert Irving

Posted August 23, 2019

The Metropolitan Museum of Art will auction more than three hundred works from a collection of nearly thirteen hundred pieces donated in 2015 — which the Irvings agreed the museum could sell as long as the proceeds funded future acquisitions....

CZI, Gates, NewSchools Venture Fund Launch $50 Million EF+Math Program

CZI, Gates, NewSchools Venture Fund Launch $50 Million EF+Math Program

Posted August 23, 2019

With a focus on underserved students in grades three through eight, the program will support efforts to boost math learning by strengthening executive function skills such as self-control and the ability to pay attention, keep track of ideas, and think flexibly....

Foundation Urged to Eliminate Funds for Anti-Immigrant Groups

Foundation Urged to Eliminate Funds for Anti-Immigrant Groups

Posted August 22, 2019

Immigration advocacy group America's Voice calls on the Foundation for the Carolinas to stop all funding to organizations that promote anti-immigrant policies, return any funds designated to these groups in future years, and launch an independent review of its management and internal controls....

Initiative Launched to Transform Probation and Parole Practices

Initiative Launched to Transform Probation and Parole Practices

Posted August 22, 2019

Supported by the Columbia University Justice Lab, with funding from Arnold Ventures, Galaxy Gives, and the Tikkun Olam Foundation, the initiative, EXiT: Executives Transforming Probation & Parole, aims to help reduce the under-supervision population and target resources currently dedicated to probation and parole more effectively....

Family Pledges $14 Million for Brevard Zoo Aquarium Project

Family Pledges $14 Million for Brevard Zoo Aquarium Project

Posted August 21, 2019

The gift from a family that has chosen to remain anonymous is in addition to an eight-year, $10 million commitment from Brevard County in support of the project, which would be developed on a fourteen-acre site at Port Canaveral....

Strada Education Awards $2.3 Million to Upskill Adult Learners

Strada Education Awards $2.3 Million to Upskill Adult Learners

Posted August 21, 2019

Awarded to the Educate for Opportunity project, the funding will support teams in Minnesota, Massachusetts, Ohio, Pennsylvania, Louisiana, and Wyoming working to align postsecondary institutions in those states with local workforce needs....

USF Receives $10 Million From Taneja Family Foundation

USF Receives $10 Million From Taneja Family Foundation

Posted August 20, 2019

The naming gift from Jugal and Manju Taneja will help fund the move of the USF Health Taneja College of Pharmacy to the new USF Health Morsani College of Medicine and Heart Institute facility currently under construction in downtown Tampa....

2019 Hilton Humanitarian Prize Awarded to METAdrasi

2019 Hilton Humanitarian Prize Awarded to METAdrasi

Posted August 20, 2019

Founded in Athens, Greece, in 2009 to address critical gaps in the reception and integration of migrants, refugees, and unaccompanied children, METAdrasi has provided more than 1.4 million interpreting sessions and helped support more than twelve thousand unaccompanied migrant children....

Report Calls for Addressing Role of Policing in Mass Incarceration

Report Calls for Addressing Role of Policing in Mass Incarceration

Posted August 20, 2019

A report from the Vera Institute of Justice and the MacArthur Foundation's Safety and Justice Challenge calls for shifting policing practices, which have become "an expressway to jail," away from an overreliance on punitive enforcement for low-level offenses....

Foundation Investment Returns Fell Significantly in 2018, Study Finds

Foundation Investment Returns Fell Significantly in 2018, Study Finds

Posted August 19, 2019

According to the 2018 Council on Foundations – Commonfund Study of Investment of Endowments for Private and Community Foundations, private foundations reported an average return of -3.5 percent for 2018, down from 15 percent in 2017, while community foundations reported an average return of -5.3 percent, down from 15.1 percent....