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Rockefeller Starts Ambitious Effort to Produce Nutritious Food With Climate and Diversity in Mind

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Thu, Mar 24, 2022 02:51 PM

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Plus, how one organization is prioritizing racial equity and what it’s learned, and Intel commi

Plus, how one organization is prioritizing racial equity and what it’s learned, and Intel commits $100 million to boost education in semiconductor manufacturing ADVERTISEMENT [Philanthropy Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. FOUNDATION GIVING [Rockefeller Foundation Launches Ambitious $105 Million Effort to Produce Healthy, Climate-Friendly Food]( By Kristen Griffith [STORY IMAGE]( The new effort aims to send healthier food to schools, prisons, and people at risk of poor health, as well as adding greater diversity to the mix of the world’s food suppliers. ADVERTISEMENT DIVERSITY, EQUITY, AND INCLUSION [How One Organization Is Prioritizing Racial Equity and What It’s Learned]( By Henry A. J. Ramos and Trella R. Walker [STORY IMAGE]( The historically white-led Nonprofit Finance Fund shares its stumbles and successes as it has diversified its staff and board, sought more diverse vendors, become more transparent, and more. GRANTS ROUNDUP [Intel Commits $100 Million to Boost Education in Semiconductor Manufacturing]( By M.J. Prest [STORY IMAGE]( Also, Emerson will give $200 million over 10 years to address education inequities, and Blue Meridian Partners has committed $60 million to bolster the financial health of historically Black colleges and universities. Webinar [Today: How to Earn Revenue for Your Nonprofit]( [STORY IMAGE]( Developing a steady, reliable stream of income is a smart way to support your nonprofit’s work, reduce dependence on grants and donations, and even expand programs and services. Join us on Thursday, March 24 at 2 p.m. Eastern, or on demand at your convenience, to learn how organizations developed creative ways to generate income while advancing their causes — and how your organization can too. [Sign up now and join us this afternoon.]( SPONSOR CONTENT | Funders For Real Cost, Real Change [Project Grants Need Not Be the Enemy—A Three-Part Series]( NONPROFIT NEWS FROM ELSEWHERE We still don’t know which causes benefitted from Elon Musk’s $5.7 billion charitable donation last year, but we know for sure that he did. Musk reported the November donation on securities filings this year, but he did not name a recipient. In addition to its public-relations value, the tax-deductible gift could have helped the Tesla founder offset a tax bill that he said topped $11 billion after selling more than $16 billion worth of Tesla shares. Meanwhile, the public, journalists, and researchers are left to speculate about the money’s destination. A leading theory is that it went to Musk’s private foundation or a donor-advised fund, the second of which would confer more tax benefits and allow the funds to sit untouched for years. ([Fortune]( A Philadelphia nonprofit that helps people get access to government benefits is among the latest recipients of MacKenzie Scott’s generosity. Benefits Data Trust recently announced that it had received $20 million from the Amazon billionaire. That is a major infusion for an organization with a budget in the low- to mid-$30 million range. Because the gift was unexpected, CEO Trooper Sanders said the group has not decided specifically how it will use the money, but he said the group aims to “make the challenge of benefits access a thing of the past over the next decade.” Founded in 2005 by a credit-card executive after trying to help his mother sign up for a prescription drug benefit, the nonprofit now operates in 12 states. It says it helped 7,900 Philadelphia households receive an estimated $30 million in benefits last year. ([Philadelphia Inquirer]( Plus: MacKenzie Scott Donates Millions to Boys & Girls Club After Tycoon Reneges ([Daily Beast]( More News - What Is Van Jones Doing With Bezos’ $100 Million? ([Daily Beast]( - Can an Extra $800 a Month Lift Someone Out of Poverty? Local Nonprofits Put Cash to the Test. ([Boston Globe]( - Can Financial Prescriptions Cure America’s Health Problems? ([Boston Globe]( - The Parapsychology Foundation — a 4-Generation Matrilineal Dynasty — Fights for its Future. ([New York Times]( - Taxpayers Covered $28 Million in PPP Loans for KIPP Foundation’s Charter Schools Despite Its $75 Million in Assets ([USA Today]( — subscription) Nonprofits and Ukraine - Hackers Are Targeting European Refugee Charities ([Reuters]( - [Reporters Without Borders Devised a Creative Hack to Get News into Russia]( ([Fast Company]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS BIG PHILANTHROPY [The Latest of MacKenzie Scott’s $12.3 Billion in Giving Shows Strong Support for Equity]( By Dan Parks [STORY IMAGE]( Some of the recipients of her philanthropy have included Habitat for Humanity, Planned Parenthood, and Boys & Girls Clubs of America. GRANT MAKING [Lego Foundation’s New Grants Competition to Help Children Displaced by Covid, War, and Other Crises]( By Kristen Griffith [STORY IMAGE]( The corporate foundation is building on its other big grants that have helped Sesame Street and the International Rescue Committee improve learning for the world’s youngest. HIGHER EDUCATION [Why Philanthropy’s ‘Free College’ Programs Don’t Always Live Up to Their Promise]( By Drew Lindsay [STORY IMAGE]( New college scholarship programs aim to do what’s proved elusive so far: generate benefits for communities as well as students. WHAT PHILANTHROPY IS ACCOMPLISHING [How Can Philanthropy Curb Climate Change?]( By Jim Rendon [STORY IMAGE]( Donors are pouring billions into saving the planet as activists demand more money and influence and question foundations’ policy solutions. OPINION [Donor Collaboratives Are a New Approach That Advances Equity and Efficiency]( By Alison Powell, Simon Morfit, and Michael John [STORY IMAGE]( Billions of dollars are now flowing through collaborative giving efforts led by people of color and others who have direct experience navigating an unjust world. ADVERTISEMENT RECOMMENDED WEBINAR [Fundraising Webinars: How to Make Virtual Events Accessible to People With Disabilities - Cover image of a woman in a virtual meeting] [Join Our Next Webinar]( — Join Our Next Webinar — Developing a steady, reliable stream of income for your nonprofit will reduce its dependence on grants and donations and may even help you have greater impact. How can you create an earned-income strategy that improves your organization’s financial health and ensures your mission will continue for the long term? Join us live on March 24 at 2 p.m. Eastern or on demand at your convenience to get detailed advice from two nonprofit leaders who oversee thriving earned-revenue ventures and a consultant who guides nonprofits in this work. They’ll explain how to decide whether earning revenue makes sense for your organization, develop your strategy, and test and launch a money-making effort. Register today. [Register today.]( JOB OPPORTUNITIES [President and CEO]( Reno Philharmonic Association [Director of Advancement]( Garrison Forest School [DATABASE ADMINISTRATOR- Sisters of Notre Dame de Namur US East-West Province]( Sisters of Notre Dame de Namur [Fundraising Manager]( The Education Commission [Search other jobs.]( NEWSLETTER FEEDBACK What did you think of today’s newsletter? [Strongly disliked]( | [It was ok]( | [Loved it]( [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. © 2022 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037

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