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Warren Buffett Exceeds Multibillion-Dollar Pledges to Gates Foundation and Others

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Fri, Jun 23, 2023 03:13 PM

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Plus, Google is giving $20 million to create cybersecurity clinics, and the Nellie Mae Education Fou

Plus, Google is giving $20 million to create cybersecurity clinics, and the Nellie Mae Education Foundation has appointed its next CEO ADVERTISEMENT [Philanthropy Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. You can now follow The Chronicle on [Apple News]( [Flipboard]( and [Google News](. BIG PHILANTHROPISTS [Warren Buffett Has Given $50.7 Billion Toward Historic Multibillion-Dollar Pledges to the Gates Foundation and Others]( By Maria Di Mento [STORY IMAGE]( He plans to continue to make payments to five foundations throughout his lifetime, as he promised in the statements he made announcing the pledges in 2006. JOBS AND CAREERS [Google Backs Creation of Cybersecurity Clinics With $20 Million Donation]( By Glenn Gamboa, Associated Press [STORY IMAGE]( The effort will introduce thousands of students to potential careers in cybersecurity, while also helping defend small government offices, rural hospitals, and nonprofits from hacking. TRANSITIONS [Nellie Mae Education Foundation Appoints Next CEO]( By M.J. Prest [STORY IMAGE]( Also, the Academy of American Poets has named its first Latino president, and the TGR Foundation, a charity started by the golfer Tiger Woods, has selected a new leader. LETTERS TO THE EDITOR [Kudos for Highlighting Urgency Around Trans Rights Backlash]( A recent op-ed shows why more coverage is needed of anti-LGBTQ sentiments sweeping the country and the role donors can play in stopping them. Webinars [Take Your Grant Proposal Writing to the Next Level]( [STORY IMAGE]( Learn from the founder of a firm that has raised more than $300 million in public and private grants for nonprofits nationwide and from a fundraising executive who has attracted more than $130 million in institutional giving. You’ll get detailed advice on how to convey impact, tell your story in compelling ways, and make a persuasive case for support. Sharpen your next proposal and position your organization competitively: Join us on July 20 at 2 p.m. Eastern, or watch on demand. [Register today.]( SPONSOR CONTENT | The James Irvine Foundation [An Organization On A Mission to Achieve Equality in the Workplace]( VIRTUAL FORUMS & BRIEFINGS [How to Use Data to Hit Organizational Goals and Foster Growth]( [STORY IMAGE]( Savvy leaders understand data is an asset and a tool, and they know data-driven decision-making can help nonprofits expand, attract greater support, and operate more efficiently. How are some leaders ensuring data is captured in consistent, reliable ways and using it to guide smart decision-making? How do they motivate staff to prioritize and protect data? Get answers by joining us on Wednesday, June 28, at 2 p.m. Eastern for a discussion among leaders who are harnessing data to hit strategic goals. [Register today.]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online A coalition of nonprofit leaders is asking the Internal Revenue Service to require nonprofit boards to disclose their demographics. The Coalition for Nonprofit Board Diversity Disclosure sent an open letter signed by more than 140 organizations and individuals to the tax agency in mid-June asking that the information be added to the Form 990. The effort was spearheaded by the Women’s Nonprofit Leadership Initiative in Philadelphia, which struggled last year to get accurate information for a report on the makeup of the city’s medical and educational nonprofit boards. Ultimately it found that “nearly 55 percent of all ‘meds’ trustees and 48 percent of all ‘eds’ trustees in the area were white men. Men and women of color made up only 19 percent of meds trustees, and 24 percent of eds trustees.” An official with the women’s leadership group said the information would be collected in aggregate, and it would mimic what the Securities and Exchange Commission requires for publicly traded Nasdaq company boards. ([Philadelphia Inquirer]( More News - Why the City of Raleigh Won’t Be Giving Money to a Nonprofit That Helps Black Moms ([News & Observer]( - NYC Nonprofit Workers Camp Outside City Hall for Higher Wages ([PIX11]( - Why a Conservative Nonprofit Is Promoting Renewable Energy ([Yale Climate News]( - College Funds, Naming Buildings Keep Donor Names Alive ([Cleveland Jewish News]( Opinion - A Tax Deduction Won’t Save U.S. Charities ([Wall Street Journal]( — subscription) - Quiet Giving Is Silently Replacing Conspicuous Corporate Philanthropy ([Fast Company]( Nonprofit Innovation - She Lost Her Twin to Suicide. A Midnight Walk Helps Her Keep Living. ([Washington Post]( - In Los Angeles, Bringing Food, Soap, and the Salon to the Homeless ([New York Times]( Arts and Culture - A House Museum Has a New Message: N.Y. Had Slavery, Too ([New York Times]( - ‘Devastated': It’s the End of an Era as Greensboro, N.C.’s Triad Stage Will Close After 20 Years ([Greensboro News and Record]( - Seattle Opera Head to Step Down ([Seattle Times]( Legacies - Haim Roet, Who Kept Holocaust Victims’ Names Alive, Dies at 90 ([New York Times]( - Jon Runstad, Seattle Real-Estate Developer and Philanthropist, Dies at 81 ([Seattle 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. SPONSOR CONTENT | The James Irvine Foundation [Shifting the Balance of Power at Work]( Giving workers the stage to speak without fear or intimidation EDITOR'S PICKS GIVING [Drop in Giving From 2021 to ‘22 Was Among the Steepest Ever, ‘Giving USA’ Found]( By Rasheeda Childress and Emily Haynes [STORY IMAGE]( International aid was the only cause that raised enough to beat inflation, as individual donors contributed 13 percent less than 2021. Plus, see the [Giving USA data]( in four charts. GOVERNMENT AND REGULATION [Supreme Court Could Set Back Philanthropy’s Racial-Diversity Efforts With Affirmative-Action Ruling]( By Alex Daniels [STORY IMAGE]( The cases at issue involve colleges, but legal experts say many of the diversity efforts advanced by nonprofits and foundations could soon face court challenges. A ruling is expected in the next two weeks. OPINION [Philanthropy Needs to Support Builders — Not Bomb Throwers]( By Eboo Patel [STORY IMAGE]( In his new column for the Chronicle of Philanthropy, Eboo Patel, the leader of Interfaith America, calls for a greater focus on what’s working in the nonprofit world and how to do more of it. NONPROFIT FINANCES [‘You Don’t Need to Starve Grantees': A Foundation Helps Groups Build Reserves for Emergencies — and Innovation]( By Drew Lindsay [STORY IMAGE]( In a rare move by a grant maker, the Kendeda Fund gave $8 million to 37 groups to boost their cash on hand. Plus: Read about why grantees of Diana Blank’s Kendeda Fund say she put on a “[master class]( during her 30 years of big giving. OPINION [Why Grant Makers Should Reject Shiny New Things]( By Lisa Pilar Cowan [STORY IMAGE]( Social change takes a lot of time. Too often, foundation officials get bored and forget that. ADVERTISEMENT RECOMMENDED WEBINAR [Join our next webinar]( — Learn from two experts: the founder of a firm that has raised more than $300 million in public and private grants for nonprofits nationwide as well as from a fundraising executive who has raised more than $130 million from institutions. They'll offer detailed advice on writing successful grant proposals, vital steps to take before approaching a grant maker, and how to convey impact in ways that resonate with program officers. You’ll get tips on how to tell the story of your work and its impact, demonstrate need, and make a persuasive case for support. Don’t miss this chance to sharpen your next grant proposal and position your organization competitively. Join us live on July 20, at 2 p.m. Eastern, or on demand. [Register now.]( JOB OPPORTUNITIES [Search other jobs.]( [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. © 2023 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037

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