The author and philanthropist MacKenzie Scott announced on June 15, 2021, that she and her husband Dan Jewett had given US$2.7 billion to 286 organizations, including universities, arts organizations and other nonprofits. It was her third announcement of this kind since she first publicly discussed her giving intentions in May 2019. Scott has donated about $8.5 billion to a constellation of […] … learn more→
Tag Archives: philanthropy
5 ways MacKenzie Scott’s $8.5 billion commitment to social and economic justice is a model for other donors
Opportunities to practice real-life philanthropy bring academic benefits
A crisis shelter for battered women. A nonprofit that provides wigs and makeup for breast cancer patients. An organization that helps parents of children addicted to heroin. All three of these groups have benefited from US$2,000 grants made by college students who participate in an unusual hands-on philanthropy program. The program – which embeds aspects […] … learn more→
Could black philanthropy help solve the black student debt crisis?
When billionaire Robert E. Smith decided to pay off the student loans of the graduating class of 2019 at Morehouse College, he suggested that others follow his lead. “Let’s make sure every class has the same opportunity going forward, because we are enough to take care of our own community,” Smith declared in his commencement speech. But is […] … learn more→
UnKoch George Mason?
This blogger has in the past posted several items concerning the efforts by the notorious conservative Charles Koch Foundation to influence curriculum and even hiring at institutions of higher education. Early last month I had the privilege of participating in a panel discussion of the issue at the annual higher education conference of the American […] … learn more→
The Common Good Enterprise: An alternative name for an emerging sector
As an investment manager and a member of the Gamble family that founded Procter & Gamble, I (Jim) am often asked to sit on nonprofit boards. Increasingly, I’ve grown more uncomfortable with the term not-for-profit to describe these organizations, some of which embrace business principles in their operations and outlook. One such operation is Dance […] … learn more→