OVERVIEW: The Summit Area Public Foundation supports Summit, New Jersey and the surrounding communities in the areas of civic and community, health, education, special needs, elderly, and arts and culture. IP TAKE: The Summit Foundation is a low-key … [Read more...] about Summit Foundation
Higher Education
Park Foundation
OVERVIEW: The Park Foundation makes grants for civic engagement, democracy, media, environmental concerns, higher education, racial justice and animals. Funding is national in scope, but the state of New York and Tomkins County are geographic … [Read more...] about Park Foundation
OceanFirst Foundation
OVERVIEW: The OceanFirst Foundation supports funds health and wellness, housing, improving quality of life, youth development and education in central and southern New Jersey. IP TAKE: The OceanFirst Foundation is a low-key corporate funder that … [Read more...] about OceanFirst Foundation
The Oracle of Boston: How Billionaire Investor Seth Klarman and His Wife Beth Give
Meet Virginia’s New Philanthropic Giant: The $2 Billion Pauley Family Foundation
PACCAR Foundation
OVERVIEW: This corporate funder supports supports higher education, financial literacy, health and arts and culture in areas where its parent company maintains operations. IP TAKE: The PACCAR Foundation makes over 100 grants a year, but most of its … [Read more...] about PACCAR Foundation
Lanterman Foundation
OVERVIEW: The Lanterman Foundation supports higher education in North Dakota. Other interest areas include Christian organizations, diseases and gardening. IP TAKE: The Lanterman Foundation’s largest grants provide ongoing support to two universities … [Read more...] about Lanterman Foundation
Dore Foundation
OVERVIEW: The Fred H. and Mary S. Dore Foundation makes grants for research, prevention and support for families affected by SIDS. Other areas of giving include health, higher education and human services. IP TAKE: The Fred H. and Mary S. Dore … [Read more...] about Dore Foundation
Will Bloomberg’s Big HBCU Gift Spur Other Donors to Narrow the Racial Wealth Gap in Higher Ed?
This week, Bloomberg Philanthropies announced a $600 million donation to the nation's four historically Black medical schools. These will, of course, be important gifts for the schools. In the wider philanthrosphere, they may also be a sign that … [Read more...] about Will Bloomberg’s Big HBCU Gift Spur Other Donors to Narrow the Racial Wealth Gap in Higher Ed?
Who’s Backing Rural Ed? A Selection of Key Funders to Know
ATL Giving: A Hip Hop Photographer’s Rising Philanthropy Focuses on Where It All Began
A lot of the talk in philanthropy centers on the biggest donors and the biggest national foundations, since that’s where the biggest money is. But local, place-based donors play a key role, too. And when it comes to the next generation of rising … [Read more...] about ATL Giving: A Hip Hop Photographer’s Rising Philanthropy Focuses on Where It All Began
Bates Family Foundation
OVERVIEW: The Bates Family Foundation funds grantmaking related to education. To a lesser extent, it supports environmental conservation, animal welfare, community development, and arts and culture.IP TAKE: The foundation lacks transparency, which … [Read more...] about Bates Family Foundation
Community Colleges: Making the Most of Philanthropic Dollars to Bring Equity to Higher Education
In March of this year, LaGuardia Community College made headlines by receiving a remarkable $116.2 million gift from the Steven & Alexandra Cohen Foundation. Located in Queens, New York, the public community college is set to use the donation to … [Read more...] about Community Colleges: Making the Most of Philanthropic Dollars to Bring Equity to Higher Education
Steven Rales Pumped $1.5 Billion into His Foundation in 2021. Is Money Reaching Nonprofits?
When billionaire Steven M. Rales put $1.5 billion worth of his company’s shares into his foundation in 2021, it seemed like a significant boon for the sector. His contribution rocketed the Indian Paintbrush Foundation into the philanthropic elite, … [Read more...] about Steven Rales Pumped $1.5 Billion into His Foundation in 2021. Is Money Reaching Nonprofits?
What the Collapse of a Major HBCU Donation Tells Us About Structural Inequities in Philanthropy
Last month, I first started tracking a strange story coming out of Florida A&M University. Florida A&M (FAMU) is an HBCU founded back in 1887 whose alumni include tennis great Althea Gibson, film producer Will Packer and Florida politician Andrew … [Read more...] about What the Collapse of a Major HBCU Donation Tells Us About Structural Inequities in Philanthropy
Mellon Gives Another Boost to the Humanities in Higher Ed Amid Waning Student Interest
The Andrew W. Mellon Foundation wants you to know that — to paraphrase Mark Twain — reports of the demise of the humanities have been greatly exaggerated. An iconic arts and humanities grantmaker, and one that other funders in those fields take cues … [Read more...] about Mellon Gives Another Boost to the Humanities in Higher Ed Amid Waning Student Interest
From CZI to Carnegie: A Leader in Education Philanthropy Talks About Her New Role
Behind a Latina Donor’s Big Gift for Critical Race Studies at UCLA
As has long been the case, university campuses are front and center in today’s culture wars. Philanthropic donors have played and are playing a prominent role in many of those battles, with ongoing skirmishes over institutions’ positions on the … [Read more...] about Behind a Latina Donor’s Big Gift for Critical Race Studies at UCLA
A Look at the Trellis Foundation’s Work to Reduce Barriers to Success for College Students
One of the big themes that emerged in IP’s State of American Philanthropy survey on giving for higher education was the degree to which funders prioritize support for student access and success. Grantmakers want to ensure that students — especially … [Read more...] about A Look at the Trellis Foundation’s Work to Reduce Barriers to Success for College Students
Universities Raised a Staggering Amount of Money Last Fiscal Year, Despite a Tepid Stock Market
The Council for Advancement and Support of Education just released key findings from its annual Voluntary Support of Education survey, an industry standard for showing how money is flowing across the higher ed sector. And while CASE will publish a … [Read more...] about Universities Raised a Staggering Amount of Money Last Fiscal Year, Despite a Tepid Stock Market
A Huge Gift to Cut Medical School Tuition Looks to Make a Dent in a Deep Systemic Problem
News broke this week of a $1 billion donation to the Albert Einstein College of Medicine, a gift that's earmarked to pay for tuition for all future students at the Bronx, New York, institution. It's the latest big philanthropic gift to address one of … [Read more...] about A Huge Gift to Cut Medical School Tuition Looks to Make a Dent in a Deep Systemic Problem
This Higher Ed Funder Recognized the Growing Crisis of Student Mental Health Over Ten Years Ago
At its most extreme, the crisis of student mental health shows up in disturbing reports of campus suicide, which are responsible for an estimated 1,100 deaths each year at colleges and universities in the U.S. But mental health on campus is a much … [Read more...] about This Higher Ed Funder Recognized the Growing Crisis of Student Mental Health Over Ten Years Ago
A Family Foundation’s Refreshingly Accessible Approach to Funding Research and Education
At the risk of overgeneralizing, a lot of family foundations tend to be fairly opaque, without much in the way of a public-facing profile. Many do not have websites, post their grants online, publish annual reports and founder’s statements, or accept … [Read more...] about A Family Foundation’s Refreshingly Accessible Approach to Funding Research and Education
The Dollar Amounts Are Historic, But Here’s Why We’re Really Bullish About Two Recent HBCU Gifts
The year’s off to an auspicious start for historically Black colleges and universities. On January 11, the United Negro College Fund (UNCF) announced it received an unrestricted $100 million grant from the Lilly Endowment that it will apply to its $1 … [Read more...] about The Dollar Amounts Are Historic, But Here’s Why We’re Really Bullish About Two Recent HBCU Gifts
Culture Wars On Campus Are Raging, and Megadonors Are Key Figures on the Battlefield
It’s been roughly three months since powerful billionaire donors first pledged to withhold financial support at their Ivy League alma maters in response to administrators’ actions or inaction in the aftermath of Hamas’ October 7 attack on Israel. And … [Read more...] about Culture Wars On Campus Are Raging, and Megadonors Are Key Figures on the Battlefield
Ed Donors Take Note: Scholarships Have to Amount to More Than Just Feel-Good Stories
Every year brings a new flurry of headlines about standout high school seniors receiving tens of thousands — or sometimes even millions — of dollars in scholarships. Given that I am the CEO of the nation’s largest private scholarship provider, one … [Read more...] about Ed Donors Take Note: Scholarships Have to Amount to More Than Just Feel-Good Stories
After a Trailblazing Career in Tech, a Donor Couple Boosts Black History, Higher Ed and More
Born in 1958, Rodney C. Adkins grew up in Miami and earned multiple degrees from Rollins College and Georgia Tech before joining IBM in 1981 as a test engineer. In the early 1990s, he helped to develop the flagship IBM ThinkPad, one of the first … [Read more...] about After a Trailblazing Career in Tech, a Donor Couple Boosts Black History, Higher Ed and More
A Look Back at the Giving of Charlie Munger, Warren Buffett’s Right-Hand Man
It’s not often that an ultra-successful billionaire businessman becomes known primarily by his association with another far wealthier and better-known billionaire. But such was the case with Charlie Munger, Warren Buffett’s second-in-command at … [Read more...] about A Look Back at the Giving of Charlie Munger, Warren Buffett’s Right-Hand Man
A Closer Look at the Philanthropy of First Wave Tech Billionaire John Morgridge and His Family
Looking back over the history of tech, we can group the industry’s most consequential philanthropists into a series of generational “waves” corresponding to transformational advancements in the sector. The first wave included givers who presided over … [Read more...] about A Closer Look at the Philanthropy of First Wave Tech Billionaire John Morgridge and His Family
What Does the Billionaire Donor Revolt at Ivy League Schools Mean for Higher Ed Philanthropy?
Editor's Note: This article was originally published on November 8, 2023. Over the past few weeks, several high-profile billionaires — including Leslie Wexner, Seth Klarman, Leon Cooperman, Bill Ackman, Mark Rowan, John Huntsman Jr. and Kenneth … [Read more...] about What Does the Billionaire Donor Revolt at Ivy League Schools Mean for Higher Ed Philanthropy?
