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How the Next Generation of Megadonors is Giving

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philanthropy.com

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Wed, Mar 6, 2024 04:01 PM

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Plus, identity should be about strength, not victimhood ; and the Albertson Family Foundation gives

Plus, identity should be about strength, not victimhood (opinion); and the Albertson Family Foundation gives $52 million to Idaho groups ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. PHILANTHROPY 50 [The Next Generation of Big Donors Favors Causes Over Institutions]( By Maria Di Mento and Jim Rendon [STORY IMAGE]( Racial justice, the environment, and scientific research are getting an influx of money from wealthy people seeking tangible change. ADVERTISEMENT OPINION [My Son’s Identity Doesn’t Make Him a Victim. Why Does the Social-Change World Insist It Does?]( By Eboo Patel [STORY IMAGE]( Equating identity with oppression harms social movements and those they seek to help. GRANTS ROUNDUP [Albertson Family Foundation Grants $52 Million to Idaho Groups]( By M.J. Prest [STORY IMAGE]( Also, the University of Virginia received $55 million for Alzheimer’s research and its athletics department, and the Okta for Good Fund has committed $50 million over five years to strengthen cybersecurity at nonprofit groups, among other priorities. WEBINARS [March 21 at 2 p.m. ET | Register Now]( [STORY IMAGE]( How can your nonprofit host events that inspire donors without breaking the bank? Join us to learn from two experts how to stay within your event budget without sacrificing your donors’ experience. Plus, you’ll get creative ideas for highlighting your mission and connecting with donors at your next event. Join us for How to Host Engaging Events and Stay Within Budget. SPONSOR CONTENT | Classy [The Return of a Community-Centered Fundraising Model in a Digital-First World]( ONLINE FORUMS [New Time: March 12 at 1 p.m. ET | Register Now]( [STORY IMAGE]( Join us for the forum Boomer and Gen X Mega-Donors Are Driving Trends in Giving. You’ll hear directly from Jon and Mindy Gray, two donors on the Philanthropy 50 this year; learn from an expert on big giving; and gain insights from this year’s list, released March 5. Don’t miss this chance to better understand the generational giving preferences and motivations of these donors, so you can shape your outreach to wealthy individuals and plan for what’s ahead. 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 The nonprofit Environmental Voter Project has been sifting through data and knocking on doors to turn out the vote among what it estimates are nearly 5 million registered voters who care about the environment but do not always show up on Election Day. ([Bloomberg]( Background from the Chronicle: [It’s Election Season. Here’s How Philanthropy Is Working to Secure the Vote.]( A nonprofit led by philanthropist Laurene Powell Jobs has paid $30 million for the two-acre campus of the bankrupt San Francisco Art Institute, which closed last year, with plans to reimagine it as a center for developing artists. The deal includes a famous Diego Rivera mural in one of the institute’s buildings, valued at $50 million. ([New York Times]( Background from the Chronicle: [The Climate Foundation Funded by Laurene Powell Jobs Has More Than $3 Billion to Spend — and a Deadline]( More News - Marc and Lynne Benioff Donate $150M to 2 Hawaii Hospitals ([Honolulu Star-Advertiser]( - With Midwest Expansion, The Pivot Fund Tries to Put Grassroots News Sources on Philanthropy’s Radar ([Nieman Lab]( - Billionaire Ken Griffin Just Gave $50 Million to the University Of Miami — His Largest Gift Yet in the Sunshine State ([Business Insider]( - Museum of Chinese in America Names New Leader ([New York Times]( - Colin Firth’s Iconic Mr. Darcy Shirt Among Costumes For Sale to Benefit Arts Education Charity ([Los Angeles Times]( - A New Initiative to Protect Black History Starts With Coltrane ([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 BIG DONORS [Philanthropy 50]( By Maria Di Mento [STORY IMAGE]( Search or browse this year’s list of America’s biggest donors and all the past lists going back to 2000. You can sort by name, amount donated, source of wealth, location, and top cause. PHILANTHROPY 50 [Michael Bloomberg Tops the List of America’s Biggest Donors in 2023]( By Maria Di Mento and Jim Rendon [STORY IMAGE]( The 50 donors gave a median of $100 million and a total of $11.9 billion. GENERAL OPERATING SUPPORT [10 Insider Tips to Raise General Operating Support]( By Lisa Schohl [STORY IMAGE]( A grant maker, a nonprofit leader, and a consultant say asking for unrestricted dollars doesn’t have to be hard. Here’s their top advice. ADVERTISEMENT RECOMMENDED WEBINAR [Join our webinar]( — Fundraising events can come with a sizable price tag. With rising costs, it’s harder than ever for fundraisers to balance the desire to create an exceptional donor experience with the need to ensure an event brings in more dollars than it costs. How can nonprofits host memorable events that don’t break the bank? Join us on Thursday, March 21, at 2 p.m. Eastern to learn about proven ways to highlight your mission, connect with donors, and hit your revenue goals by keeping costs under control. [Register now.]( JOB OPPORTUNITIES [Apply today](http://). [Chief Advancement Officer (Remote Location)]( Lupus Research Alliance [Senior Officer, Individual Philanthropy (P4) - Seattle]( Save the Children [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. © 2024 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037

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