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Funding

Chuck Feeney spends down $8 billion fortune, closes Atlantic Philanthropies

Alliance magazine 16 September 2020

Charles ‘Chuck’ Feeney, the American cofounder of airport retailer Duty Free Shoppers, has officially given all of his money away to charity, and with it dissolved his foundation, the Atlantic Philanthropies. During his career, Feeney …


Lessons learned from delivering $100 million in support to local leaders

Regan Ralph 16 September 2020

In 2002, a small group of dedicated activists and funders set out to do something different in human rights philanthropy. Dismayed by the dominant top-down approach to social justice, we launched the Fund for Global …


Mark Zuckerberg, Priscilla Chan donate $300 million to voting efforts

Alliance magazine 5 September 2020

Mark Zuckerberg and wife Priscilla Chan have announced a $300 million donation to protect America elections. It is one of the billionaire couple’s largest-ever single gifts, meant to bolster democracy during the uncertain circumstances of …

Philanthropy confidential – September 2020

Alliance magazine 1 September 2020

All your confidential philanthropic queries answered Philanthropy confidential is your space to safely and anonymously get advice on ethical dilemmas in the sector. Tell Regi, our secret philanthropy correspondent with impeccable standing in the global …

In profile: Philanthropic investing

Alliance magazine 1 September 2020 For Subscribers

Foundations are actively using a greater range of their assets to pursue their underlying aims. These investments span a wide variety of form, purpose and recipient, a sample of which is featured here Foundations going …

Virtue signalling is not always a virtue: Conversation with Hewlett’s Larry Kramer and Ana Marshall

Danielle Walker Palmour 1 September 2020 For Subscribers

Guest editor Danielle Walker Palmour talks to Larry Kramer and Ana Marshall, respectively CEO and chief investment officer of the Hewlett Foundation, about why the foundation is investing its $10 billion endowment for the long …

Funders have to adapt to movements, not the other way round

Martin Modlinger 1 September 2020 For Subscribers

I keep wondering why especially larger funders are bent on creating movements, but are then baffled when movements actually emerge, often even without – or despite – larger funder engagement. Maybe many larger funders simply …

Giving for Covid-19 in first half of 2020 amounted to record-breaking $11.9 billion, but there are gaps

Elika Roohi 30 August 2020

$11.9 billion in funding has been given in response to the Coronavirus pandemic this year, according to a new report by the Center for Disaster Philanthropy (CDP) and Candid. Of the record-breaking sum, proportionately very …

Clara Wu and Joe Tsai commit $50 million to racial justice work

Alliance magazine 26 August 2020

Alibaba Co-Founder Joe Tsai and wife Clara Wu have committed $50 million in support of efforts to advance social justice and equality. The Taiwanese-Canadian billionaires announced in a Social Justice Commitment Statement that their funds …

$1.4 million Active Communities Fund launched in Mexico to address effects of COVID-19

Alliance magazine 22 August 2020

Comunalia, the Alliance of Community Foundations in Mexico, and the Coca-Cola Foundation have partnered to launch a 32 million Mexican pesos ($1.4 million USD) Active Communities Fund that will work to address the effects of …