Foundation Grants
Community Vital Signs
About Us
Black Families Give More Than Some Think
Foundation: Greater New Orleans Foundation, Kellogg Foundation
Singletary, author of 'The Color of Money', claims that black individuals contribute more than other ethnicities.
According to a study by the Kellogg Foundation, black households donate 25% more of their income than white ones. While the typical White guy makes $2.7 million in his lifetime, the average Black man only earns $1.8 million, according to a research by Urban Institute. A lot of our ancestors were slaves at one point or another, and some of the riches myths originate from that time period. According to the Urban Institute, white charity accounted for just 2% of median wealth in 2010, whereas black philanthropy accounted for 60%.
In succeeding years, the percentage of Black donors ranged from 11 percent in 2013 to 8 percent in 2016. Many prominent African-American benefactors, such as Vista Equity Partners CEO Robert Smith, have made significant contributions. He formed the Southern Communities Initiative with PayPal CEO Dan Schulman and BCG CEO Rich Lesser in 2021.
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
San Francisco proved to be the perfect location for the American Medical Informatics Association (AMIA) to hold its 2024 Annual Symposium.From technology giants and renowned health institutions to...more
Melius MicroBiomics is a Vancouver-based biotechnology company with a research lab in Kelowna.It is dedicated to discovering and developing innovative microbiome-based therapies.The company is...more
Tampa-based health care payments startup Veuu has partnered with New York blockchain platform Tassat in a groundbreaking pilot initiative.The collaboration aims to merge Veuu's artificial...more
At this year's Impact Investor Conference, leading voices in the sector discussed the challenges and opportunities of investing to boost innovation and expand access to healthcare.This quest for...more
Where to find Nutcrackers, holiday music in Sarasota-Manatee area.Venice Theatre's original version of "A Christmas Carol" returns for its 24th season.The Rosemary Youth Ballet by Onyx Studio 2...more
The Heritage Foundation organized The 2025 Presidential Transition Project, more commonly known as Project 2025.Project 2025 articulated a roadmap of what the Department of Justice should do to...more
Government and philanthropic funding for the nonprofit social sector routinely fail to cover the full cost of providing services.While workers within the sector comprise 9% of the workforce in the...more
Societe Generale is stepping up its efforts to support the transition to a low-carbon economy by setting a new EUR 500 billion sustainable finance target by 2030.The bank aims to align its portfolios...more
Diamond Paints wins two awards at Corporate Philanthropy Awards 2024 - Business & Finance - Business Recorder.Minister of State for Finance, Revenue, and Power, Ali Pervaiz Malik, served as the Chief...more
Primary Japanese Language Teacher Noriko Yamanaka recently attended the National Symposium on Japanese Language Education at UTS.The symposium brought together approximately 200 Japanese educators...more
Social Entrepreneurship
Spotlight
Social Enterprise Piles Textbooks for Change
Textbooks for Change, a London-based social enterprise that has obtained the B Corporation seal for positive social and environmental impact, is seeking investors that would be helping the company expand.