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COP28: Rockefeller Foundation targets net-zero emissions for $6 billion endowment
The Rockefeller Foundation has announced that it will pursue a net-zero emissions target for its $6 billion endowment. According to its website, the proposal makes it the largest private US foundation to pursue a net …
Participatory grantmaking: Common parlance, but not yet common practice
Though the principles and practice of participatory grantmaking have made headway recently, the notion that funders know best is still prevalent While many assume the participation of communities affected by funding in philanthropy is a …
Political innovation: Prevention is better than cure
Ensuring the body-politic remains healthy, rather than treating it when it is sick, should be the aim of philanthropy Popular narratives in contemporary philanthropy concentrate on solving complicated social problems while changing the systems that …
Biden Administration announces over $140 million in grants towards indigenous land restoration
The Biden-Harris administration has announced a joint public-private partnership, that includes a major conservation foundation, in providing $141.3 million spread over 74 grants. In a statement, the US government said it, alongside the National Fish …
Mackenzie Scott’s large, unrestricted donations down from 2020, but continues to transform philanthropy
A three-year study released by the Centre for Effective Philanthropy examining the impact of unrestricted donations from major US philanthropist Mackenzie Scott says her giving has had a transformative effect, despite the size of her …
Giving Tuesday: Find Sustainable Success in 2023
In 2022, over $3.1 billion was raised on Giving Tuesday, and donor retention is 2.4 times higher from that day as opposed to any other time throughout the year. In recent years, it’s no secret …
Top 25 global funders account for more than three quarters of direct giving
The top 25 global funders account for more than three quarters of direct giving between 2016 and 2019, according to a new report published by the Council on Foundations. The Bill & Melinda Gates Foundation …
US racial and climate justice coalition announces almost $1 billion in financial commitments for black wealth creation
GroundBreak, a coalition of over 40 corporate, civic, and philanthropic organisations in the US fighting for racial equity and climate based justice, has announced $926.75 million in financial commitments to expand wealth building opportunities for …
Matthew Perry foundation launched to help others struggling with addiction
A new foundation has launched following the death of the actor Matthew Perry. The 54-year-old, best known for his role in US hit sitcom ‘Friends’ in the 1990s and 2000s, was found dead in …
Tyrone McKinley Freeman on the first Black female millionaire and philanthropist
Charlotte Kilpatrick, digital editor at Alliance, had the opportunity recently to catch up Tyrone McKinley Freeman, the newly appointed Glenn Family Chair in Philanthropy at the Indiana University Lily School of Philanthropy. His work has …