Philanthropy News Blog

A roundup of philanthropic news.

This Week in Philanthropy: November 21 – November 27

How Giving Tuesday Became a Worldwide Phenomenon

Now in its sixth year, the antidote to Black Friday and Cyber Monday spurs the donation of hundreds of millions of dollars. More than 2,500 nonprofits participated the first year, which brought in roughly $10 million in online fundraising. Tens of thousands of groups have since joined in, with donations increasing 3,000% since then: People gave at least $300 million in 2017, according to transaction data from online giving platforms and payment processors like PayPal, Blackbaud, and Facebook.

Full text article is available via Fast Company, 11/27/ 2018

NFL Awards $14.7 Million to Boston Children’s Hospital

Boston Children’s Hospital has announced a $14.7 million grant from the National Football League to study the potential long-term neurological health consequences of concussions and sub-concussive injuries among former NFL players.

Full text article is available via Philanthropy News Digest, 11/22/2018

Real Estate Icon Gives SF State its Biggest Donation Ever

Real estate investment firm founder George Marcus and his wife, Judy, have given $25 million to San Francisco State University — the largest donation ever to the university. The George and Judy Marcus Funds for Excellence in the Liberal Arts, created by the onetime gift, is earmarked for a wide variety of programs, including the highly regarded creative writing department and School of Cinema.

Full text article is available via Bizjournals, 11/26/2018

Bezos Day One Fund Awards $97.5 Million to Address Homelessness

The Bezos Day One Fund, a $2 billion philanthropic fund launched in September by founder and CEO Jeff Bezos and his wife, MacKenzie, has announced grants totaling $97.5 million to twenty-four nonprofits working to support homeless families in need. Awarded through the Day 1 Families Fund, one of the Day One Fund’s two programs, the grants will support the efforts of organizations working to provide emergency and safe short-term shelter for vulnerable families, access to permanent housing, and wraparound support services.

Full text article available via PhilanthropyNewsDigest, 11/22/2018

Old Navy Donates $1 Million to Boys & Girls Clubs on #GivingTuesday

This Giving Tuesday, Old Navy is donating $1 million to Boys & Girls Clubs for the second consecutive year, the result of a successful Black Friday trigger donation campaign.On Black Friday, Old Navy anniversaried its One Dolla Holla sale, offering customers the opportunity to get cozy while giving back. For every pair of $1 cozy socks purchased in-store on Black Friday, Old Navy pledged to donate $1 to Boys & Girls Clubs, up to $1 million.

Full text article available via AssociatedPress , 11/27/2018

Kohl’s Announces $3 Million in Donations for Family Health and Wellness

Kohl’s announced today – in the spirit of Giving Tuesday – the company will award $3.2 million in grants to more than 300 nonprofit organizations across the country that work to improve the health and wellness of children and families as part of its national giving program, which is an extension of the company’s ongoing commitment to health and wellness.

Full text article available via BusinessWire, 11/27/2018

83-YEAR-OLD Swiss Entrepreneur Donates $1 Billion To Protect The Planet

Notoriously media-shy Swiss businessman and philanthropist Hansjörg Wyss has launched and donated $1 billion to the Wyss Campaign for Nature in a bid to conserve 30 percent of the planet’s land and oceans by 2030. It is the most ambitious project of the businessman’s environmental charity, The Wyss Foundation, to date. The initiative will aim to guard twice the amount of land and ocean that is currently protected.

Full text article available via LiveKindly,11/24/18

Gates Foundation Awards $13 Million for Photosynthesis Research

The University of Illinois has announced a $13 million grant from the Bill & Melinda Gates Foundation in support of a research initiative aimed at enhancing the photosynthetic productivity and yields of key staple food crops globally.

Full text article available via PhilanthropyNewsDigest, 11/27/2018