NewsMember news plus local and national philanthropic reporting
In honor of the 29th anniversary of the Americans with Disabilities Act, Wells Fargo announced it has surpassed $100 million in donations to nonprofits serving people with disabilities since 2015.
When Kathy Martinez joined Wells Fargo in 2015 to oversee a renewed effort by the company to support people with disabilities and their families, she knew Wells Fargo’s resources and relationships could significantly improve the lives of millions of Americans.
Click here to read full article from Wells Fargo.
Borealis Philanthropy announced the launch of the Spark Justice Fund, a new donor collaborative awarding $1,745,000 to eight organizations to end money bail, advance pretrial justice reform, and build power in communities most impacted by incarceration.
The long-term vision of the Fund is to strengthen the capacity of state-based and local grassroots organizations and those who are impacted by the criminal justice system to lead the movement for its transformation. By ending money bail and unjust pretrial detention policies, the work of grantees will ultimately significantly reduce jail populations, decriminalize poverty, and reduce disparities for low-income communities of color, including for women of color and other marginalized populations.
Click here to read full press release.
GEORGETOWN, Del. – U.S. Senator Tom Carper (D-Del.) joined airport and Sussex County representatives on the tarmac at Delaware Coastal Airport to announce two Federal Aviation Administration (FAA) grants awarded to the airport to continue its expansion project. The county-owned Delaware Coastal Airport is an economic driver to the region. Improvements to the airport’s lighting, approaches and continued work to lengthen its runway are just a few projects that will allow the airport keep attracting new business to Sussex County.
The FAA provided Delaware Coastal Airport with two grant awards: $150,000 was provided for general airport operations, and $516,727 was awarded to update the airport’s master plan to extend the current 5,500-foot runway to 6,000 feet. This will allow larger planes to land at Delaware Coastal Airport, an issue currently prohibiting business growth to the area.
“Governors, Senators, Congresswomen - we don’t create jobs. We create a nurturing environment for job creation,” said Senator Carper. “This airport is a key component of that nurturing environment. Between the flight activities and industrial park tenants, the airport is the centerpiece for thousands of good jobs here in Sussex County, Delaware. For nearly a decade, the FAA has recognized the airport’s significance, too, and invested more than $40 million here. The rebranding program and other investments have resulted in expansions and new business to the region, and this next FAA investment will keep the momentum at the airport going. I’m looking forward to seeing the full construction project and runway extension over the finish line.”
"The FAA's and Sussex County's continued development of the Delaware Coastal Airport has yielded infrastructure improvements and has bolstered job growth," said Senator Coons. "This latest grant, in particular, with funding for the runway extension, has real potential to increase current business and attract new companies to Sussex County. As a member of the Senate Appropriations Committee, I remain committed to investing in our small and medium-sized airfields such as our Delaware Coastal Airport."
“Investing in transportation infrastructure is one of the fundamental roles of the federal government. Modernizing and improving infrastructure here in Delaware and across the country helps drive our economy forward,” said Congresswoman Blunt Rochester. “This investment from the FAA signals another important step in continuing to improve the Delaware Coast Airport as well as our commitment to strengthening our economy. I’m excited to see the airport continue to build on its exciting growth.”
“Thanks to the continued support of the federal government through FAA funding, and for our congressional delegation’s steadfast advocacy, Sussex County is able to take on projects like these that enhance, modernize and help grow business at Delaware Coastal Airport,” said County Council President Michael H. Vincent. “The master plan update, as well as some other improvements including the new taxiway, are critical to ensuring the airport remains a competitive and attractive option for the flying public and business community that depends on this critical transportation and economic linchpin.”
The Delaware Coastal Airport is a general aviation airport that serves Georgetown and Sussex County and is owned by Sussex County Council. A former Navy airfield, it currently serves as a transportation gateway for numerous businesses and corporations around the country. Over the past decade, the FAA has invested nearly $40 million in the airport for various projects, including extending its runway and installing taxiway lighting as part of ongoing improvements to encourage business growth.
Credit Suisse has announced a three-year, $1 million commitment to HERE to HERE in New York City in support of a student-focused youth apprenticeship program.
Awarded through the Credit Suisse Americas Foundation, the grant will enable CareerWise New York, a Swiss-style youth apprenticeship program powered by Bronx-based HERE to HERE, to provide paid apprenticeships to ninety-one students from public high schools in the city. Over the three years of their apprenticeships, students will earn more than $30,000 and acquire soft skills in the fields of finance, IT, or business operations. At the conclusion of the apprenticeship, they will have the choice to remain with their employer, apply to a postsecondary program, or both, continuing to earn while they learn.
"The Swiss system of apprenticeships could be a game changer in New York and elsewhere in the U.S.," said HERE to HERE founding chair Judy Dimon. "If well-designed, executed, and scaled, an apprenticeship system goes a long way in filling the talent and skill gaps in the rapidly changing labor market while providing invaluable experience to young people."
"Credit Suisse Americas Foundation Commits $1 Million to HERE to HERE to Launch Youth Apprenticeships Through CareerWise New York." Credit Suisse Press Release 07/09/2019.
Philanthropists Trevor Neilson, Aileen Getty, and Rory Kennedy have announced the launch of a fund aimed at catalyzing support for grassroots action to address the climate crisis.
With the goal of funding organizations such as Extinction Rebellion and the student protests inspired by Swedish teenager Greta Thunberg, the Climate Emergency Fund hopes to raise tens of millions of dollars in support of grassroots non-violent action and will partner with Robert F. Kennedy Human Rights to provide legal protection for activists. The fund has already awarded £500,000 ($628,000) through its CEF Grant Program, which provides three levels of support — an "activist start-up package," organizational development funding, and operational funding for established organizations.
Neilson, who served as director of public affairs at the Bill & Melinda Gates Foundation before co-founding the Global Philanthropy Group and holding company i(x) investments, serves on the fund's board with Kennedy, the daughter of Robert F. Kennedy and co-founder of Moxie Firecracker Films, and Sarah Ezzy, who manages the Aileen Getty Foundation. The organization's advisory board includes Getty, the founding donor of the fund; author, environmental activist, and 350.org co-founder Bill McKibben; New America fellow David Wallace-Wells, author of Uninhabitable Earth: Life After Warming; Future Coalition co-founder and executive director Katie Eder; and Climate Mobilization founder and executive director Margaret Klein Salamon.
"The world's philanthropists need to wake up to the reality that a gradualist approach to the climate emergency is doomed to fail," Neilson wrote in a blog post announcing the fund's launch. "The truth is that this is an emergency and philanthropists need to act like that truth is real."
Trevor Neilson. "Introducing the Climate Emergency Fund." Medium Blog Post 07/12/2019.
Matthew Taylor. "US Philanthropists Vow to Raise Millions for Climate Activists." Guardian 07/12/2019.
The Independence Public Media Foundation in Philadelphia has announced inaugural grants totaling $5.3 million in support of efforts to empower communities through media.
Established when Independence Public Media of Philadelphia, a public broadcaster that operated WYBE Channel 35, received $131.5 million in 2017 for relinquishing its broadcast license as part of the Federal Communications Commission's broadcast incentive auction, the IPM Foundation works to strengthen and connect diverse voices and foster greater understanding across the Philadelphia region. The foundation's strategic goals — which reflect an expansive definition of media, including journalism, digital literacy, and creative expression — were developed through a community listening and engagement process involving local leaders, media makers and organizations, and other media funders.
The first round of grants include $1.3 million to the Lenfest Institute for Journalism, which will partner with the foundation to support cultural competency training, professional development, entrepreneurship, and creative opportunities for journalists and managers of color at local news outlets; provide flexible funding for research, business assistance, and convenings of media organizations; and fund strategic planning for Resolve Philadelphia, a journalism project built on equity, collaboration, and the elevation of community voices and solutions.
Grants also were awarded to the African American Museum of Philadelphia ($300,000), the Digital Literacy Alliance ($500,000), Doc Society ($307,500), PhillyCAM ($150,000), Scribe Video Center ($1.11 million), SEAMAAC (Southeast Asian Mutual Assistance Association Coalition, $250,000), Taller Puertorriqueño ($100,000), Temple University's Klein College of Media & Communication ($850,000), the Village of Arts and Humanities ($200,000), and WHYY ($250,000). In addition, the foundation announced the creation of an $800,000 fund in partnership with the Bread & Roses Community Fund in support of grassroots media and media making across the region.
"Our work is just beginning," said IPM Foundation president Molly de Aguiar. "We look forward to learning from local leaders and organizations who understand the transformative power of media and media making to improve people's lives."
For a complete list of grant recipients, see the Independence Public Media Foundation website.
Click here to read full Press Release from Independence Public Media. 07/09/2019.
Interesting trends usually come from external forces, so here’s three that we’re watching.
1. The aging of America and a surge in planned giving. More than 10,000 people turn 73 every day in the US, and it’s quite possible that gifts in wills and trusts (commonly called “bequests” and “planned giving”) will fuel many charities for the next few decades. There’s more than $30 trillion that will be passed on by aging baby boomers in the next 20 years. This may be the biggest opportunity for philanthropy in the history of the world. Already, more than $400 million has been committed through FreeWill in 2019.
2. Tax changes are leading to a search for “smart giving.” In 2017, 30% of taxpayers itemized deductions. With the new tax law, that number is estimated to shrink to only 10%. Donors are hunting for smart ways to give.We just published a report on how Qualified Charitable Distributions from IRA accounts have almost doubled in frequency in the last year. Stock gifts, donor advised funds, and other more complex giving is likely to see a sharp uptick as well, and not just from wealthier folks.
3. Innovation from campaigns. Political campaigns, particularly presidential campaigns, represent the bleeding edge of innovation in small-dollar fundraising. Especially right now, as more than 20 candidates vie for the Democratic presidential nomination, we can expect to see an incredible level of creativity, as these campaigns fight to remain relevant and afloat (because they’re spending lots and lots of money on ads, field organizers, rent for campaign offices, and more ads.) In particular, we recommend these campaigns as ones to watch, not necessarily for their policy proposals, but for how they go about raising money from their supporters: Elizabeth Warren, Pete Buttigieg, Cory Booker, and Bernie Sanders.
Read full article from Forbes.
Two mega-philanthropists at opposite ends of the political spectrum — George Soros and Charles Koch — have teamed up to launch a think tank focused on shifting U.S. foreign policy away from "forever war," the Boston Globe reports.
To open this September in Washington, D.C., the Quincy Institute for Responsible Statecraft will be "an action-oriented think tank that [lays] the foundation for a new foreign policy centered on diplomatic engagement and military restraint," the organization's website states. Quoting an 1821 speech by then-Secretary of State John Quincy Adams in which Adams argued that America "goes not abroad in search of monsters to destroy," the think tank will promote ideas that move U.S. foreign policy away from "endless war" in which "[p]olitical leaders have increasingly deployed the military in a costly, counterproductive, and indiscriminate manner."
Soros's Open Society Foundations and the Charles Koch Foundation have each contributed half a million dollars to fund the think tank's launch, while a handful of individual donors have contributed another $800,000, the Globe reports. By next year, the institute hopes to have a $3.5 million budget and a staff of policy experts who will produce material for use by Congress and in public debates; it also plans to issue four reports before the end of 2019 — two offering alternative approaches to the Middle East and East Asia, one on ending endless war, and another on democratizing foreign policy...
Click here to read full article from Philanthropy News Digest.
ROTTERDAM, July 8, 2019 – The Rockefeller Foundation today announced a new Climate and Resilience initiative, which will focus on market-changing opportunities that increase climate and resilience capital flows into solutions and projects that improve the lives of the world’s most vulnerable people. The initiative will be led by Elizabeth Yee, Managing Director, who joins the Rockefeller Foundation from 100 Resilient Cities (100RC) after serving as the organization’s Vice President of Resilience Finance.
The first commitment of this initiative is an initial $8 million to continue supporting the work of Chief Resilience Officers (CROs) and member cities within the 100RC Network. The existing 100RC organization will conclude in July, and this funding will enable a new project to continue supporting the implementation of resilience initiatives incubated through the work of 100RC. At the conclusion of its six years of successful work, 100 Resilient Cities will have launched more than 80 Resilience Strategies, more than 4,000 actions and initiatives, and leveraged $25 billion in external funding to implement those efforts. The Rockefeller Foundation will continue collaborating with this global Network of cities, CROs, and a small group of former 100RC senior staff to plan these efforts, and has committed to a partnership for the next five years.
“The Rockefeller Foundation’s new Climate and Resilience initiative will help strengthen communities around the globe to be more resilient to the urgent crises facing humanity,” said Dr. Rajiv J. Shah, President, The Rockefeller Foundation. “I am thrilled Liz Yee has joined the Foundation to lead this important work, given her deep experience in climate finance, and immeasurable contributions while at 100 Resilient Cities.”
Dr. Shah continued, “Given The Rockefeller Foundation’s longstanding leadership in developing the field of resilience to help cities prepare for and thrive amid physical, social and economic uncertainties, we chose to define a pathway that elevated the work of the network of city practitioners and leaders focused on global urban resilience.
Click here to read full article from the Rockefeller Foundation.
A proposal to continue the development of a digital publishing initiative at Stanford University has been awarded by The Andrew W. Mellon Foundation. Modeling how humanistic and social science research is presented and disseminated online, the Stanford University Press initiative is rethinking scholarly communication for the digital age.
The Stanford University Press program of Interactive Scholarly Works (ISWs) is recognized in the academic publishing world as a frontrunner in digital publishing, setting standards of composition, peer review, production, marketing, archiving, and preservation. Phase 1 of this program, also funded by The Andrew W. Mellon Foundation, published four interactive scholarly works, with this first batch of publications released via supDigital.org. During this initial phase, Stanford University Press considered dozens of submissions, conducted peer review on a carefully selected group, and proceeded to develop and produce these projects to the highest standards.
With Phase 2 funding, Stanford University Press will continue to build its program of ISWs, accelerating its reach and solidifying its brand. These efforts will result in a total of twenty publications released over the next three years, constituting a broad and diverse corpus that provides publishers, authors and institutions with concrete examples of how this new form of scholarly communication can be adopted as part of the academic considerations and evaluations of 21st-century research. The Phase 2 grant also includes a sub-award for a partnership with Rhizome, whose Webrecorder tool is already being implemented by the Press in its archiving efforts. Preservation and persistence continue to be crucial for ensuring ISWs endure within the scholarly record...
Click here to read full article from Stanford University Press.
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