How Will Warren Buffett’s Children Distribute Billions?

Plus, a one-day donation of $360 million; and Salesforce awards $23 million for STEM education ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. MAJOR PHILANTHROPISTS [Giving Away a Fortune: What Could Warren Buffett’s Adult Children Support?]( By Thalia Beaty And Josh Funk, Associated Press [STORY IMAGE]( When Howard, Susie, and Peter Buffett have spoken publicly about their giving, they’ve talked about taking risks to confront hard problems or fund ventures others might not. ADVERTISEMENT [Giving Away a Fortune: What Could Warren Buffett’s Adult Children Support?]( MAJOR GIFTS [Health Scare Leads Billionaire to Give $360 Million in One Day]( By Maria Di Mento [STORY IMAGE]( Thomas Golisano divided the money among 82 charities in Buffalo, Rochester, and Syracuse, N.Y. GRANTS ROUNDUP [Salesforce Awards $23 Million for Work-Force Development in Tech]( By M.J. Prest [STORY IMAGE]( Also, the Knight Foundation gave nearly $17 million for economic development in Charlotte, N.C., and a $15 million collaborative effort will create the L.A. Local News Initiative. WEBINARS [Tomorrow, September 19 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Join us for How to Measure and Convey Impact, a session designed for communications and fundraising professionals. You’ll learn from Cindy Eby, founder and CEO of ResultsLab; Deidre Kennelly, principal of Kennelly Consulting; and Isis Krause, chief strategy officer at Philanthropy Together, how to collaborate with program staff to demonstrate the difference your organization makes. Online Forums [September 24 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Join the Chronicle’s Stacy Palmer for The Future of Race-Based Grant Making, a conversation with Marc Philpart of the California Black Freedom Fund, Carmen Rojas of Marguerite Casey Foundation, Thomas Saenz of MALDEF, and Olivia Sedwick, the Lawyers’ Committee for Civil Rights Under Law. They’ll discuss what comes next now that the Fearless Fund settled a court case that was widely watched as a barometer of what grant makers can do in the wake of the Supreme Court’s affirmative action ruling. SUBSCRIBE TO THE CHRONICLE [Chronicle of Philanthropy Subscription] Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online A nonprofit developer was key to California’s hopes for quickly building housing for homeless people, until its projects went into foreclosure, leaving $114 million in state grants in limbo. Step Up On Second Street inspired the state program for turning hotels and motels, emptied out by the Covid-era tourism crash, into apartments for homeless people. But it partnered with a for-profit company, Shangri-La Industries, that took out private loans, alongside state grants, and then defaulted. The state is suing both entities to get back its grant money, and Step Up projects in California, Colorado, and North Carolina have been aborted. ([Los Angeles Times]( - Plus: AIDS Healthcare Foundation settles class-action tenant case over squalid living conditions ([Los Angeles Times]( - Background from the Chronicle: [Affordable Housing: A Concern for Every Cause]( Tech billionaire Emmet Stephenson Jr. and his daughter, Tessa Stephenson Brand, are putting $150 million into research on pancreatic cancer four years after their wife and mother, Toni, died of the disease. The gift will go to California’s City of Hope, where Toni Stephenson was treated. To be spread out over 10 years, the money will fund an annual $1 million prize to a leading innovator as well as grants, an annual symposium, and a facility that collects tissues, blood, and other materials needed for pancreatic cancer research. ([Los Angeles Times]( More on Big Philanthropy - Duluth Nonprofit Receives $9 Million Gift From Philanthropist Billionaire ([WDIO]( - MacKenzie Scott gives $9 million to Minnesota’s Entrepreneur Fund ([Minneapolis/St. Paul Business Journal]( - Background from the Chronicle: [The Ripple Effects of MacKenzie Scott’s Philanthropy]( - As National Zoo Awaits New Pandas, David Rubenstein Pledges $10 Million ([Washington Post]( Arts and Culture News, Commentary - Why Are Museums So Afraid of This Artist? ([New York Times]( - Minnesota Museums and Theaters Target Youngest Audiences, Giving New Meaning to ‘Art Crawl’ ([Minnesota Star Tribune]( - In Long Beach and Beyond, Micro-Galleries Turn Neighborhoods Into Mini-Art Districts ([Los Angeles Times]( - Book Review: An Old White Billionaire Mentors a Young Black Woman in the Art of Philanthropy ([New York Times]( Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup. EDITOR'S PICKS TRENDS [America’s Giving Crisis — and the Plan to Fix It]( By Sara Herschander [STORY IMAGE]( Generosity Commission concludes a three-year study with a roadmap to boost charitable giving and volunteering in the U.S. OPINION [What the Fearless Fund Settlement Means for Philanthropic Freedom]( By Roger Colinvaux [STORY IMAGE]( The case underscores the urgent need for policies that protect a nonprofit’s right to address social inequities. DIVERSITY, EQUITY, AND INCLUSION [Nonprofits, Legal Experts React to the Fearless Fund Decision to Shutter Grant Program to Black Entrepreneurs]( By Alex Daniels [STORY IMAGE]( The settlement of a case that would have tested whether charities can make grants based on race — and perhaps put the decision before the Supreme Court — has left the issue in a legal gray zone. ADVERTISEMENT Upcoming Webinar [Join our webinar]( —We all know program officers are flooded with requests for support. They certainly can’t endorse every proposal that crosses their desks, so what makes one proposal rise to the top? Join us to learn the hallmarks of a winning proposal — from strong writing to well-constructed programs and a compelling vision. Join us on Thursday, November 7 at 2:00 PM ET to learn tips to ensure your proposal resonates with foundation decision makers, instills confidence, and makes a compelling case for support. [Register now.]( JOB OPPORTUNITIES Find your next nonprofit role in The Chronicle Career Center: - [Executive Director]( — Wisconsin Youth Symphony Orchestras [Search all job openings →]( Hiring? [Post a Job.]( [Chronicle of Philanthropy Logo]( This newsletter was sent to {EMAIL}. [Read this newsletter on the web](. [Manage]( your newsletter preferences, [stop receiving]( this email, or [view]( our privacy policy. © 2024 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037