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Could Embracing Innovation Accelerate Progress in Philanthropy?
Foundation: Gates Foundation, Rockefeller Foundation, Winthrop Rockefeller Foundation
Despite $60 billion dollars going toward philanthropic causes each year, no philanthropist can identify a problem they have actually solved. While hungry people may be fed, and homeless people may be given a place to live, the problems of hunger and homelessness still exist. The same cannot be said, however, in other endeavors which involve large sums of money. Of such example is the tech industry.
In the tech industry, problems are identified, researched, developed, and eventually solved. Take the iPhone, for example. Philanthropic efforts do not end problems, and thus the money might be better spent elsewhere. This is not to say philanthropy is a bad thing, but we may want to consider where these billions of dollars in grants handed out each year are actually going.
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Selected Foundation News
A customized collection of news from foundations from around the Web.
Foundation: Ameriprise Financial
Ameriprise Financial announced nearly $2 million in donations to over 85 nonprofits across the U.S. as part of its first round of 2025 grants, along with $1.58 million in matching gifts from...more
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Foundation: Headwaters Foundation for Justice, MacArthur Foundation, Marguerite Casey Foundation, Marguerite Casey Foundation
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Sphinx Works to Diversify the World of Classical Music as Funding Contracts.Sphinx has launched six successful classical ensembles, commissioned nearly 100 works by composers of color, and grown an...more
Foundation: Minneapolis Foundation
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California must consider how to increase interest in teaching and lower the cost of and barriers to entering the profession.AB-1128, a bill under consideration in the legislature, proposes a...more
Encore Data Products is set to showcase its latest educational technology at the ISTE 2025 conference.The ISTE conference is known for bringing together educators and tech leaders to discuss the...more
Schools announces new leadership for 2025-26 school year.Dr. Lee Ziegler was announced as the new community superintendent of the North River Learning Community on June 23, 2025.Elaine Harper was...more
New research from MIT Sloan finds generative AI boosts employee creativity.But only for those who actively reflect on and adapt how they use it."To fully unlock their creative potential, employees...more
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