A Big Pritzker Give Aims to Spark Social Innovation – Inside Philanthropy: Fundraising Intelligence

Quick: what do crime, education, the environment, health, and poverty all have in common? And how can we make improvements in these areas that feed off of each other? The University of Chicago and the Pritzker Foundation want to find out so they can ramp up impact and break down silos in the social sector.

With $15 million in seed funding, including a $10 million donation from the Pritzker Foundation, UChicago will house five labs collaborating to tackle some of the country’s most daunting urban problems, and translating this work into new national and global practices.

via A Big Pritzker Give Aims to Spark Social Innovation – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

The Arnold Foundation is Betting Big On Pay for Success – Inside Philanthropy: Fundraising Intelligence

It’s hard to think of a funder that is more obsessed with finding breakthrough solutions than the Laura and John Arnold Foundation. One day, it’s laying out big bucks to find alternatives to expensive college textbooks, and the next day, it’s forging a left-right coalition to reform criminal justice policies.

Its big move last week? Pumping $8.4 million into a major initiative at the Urban Institute to advance Pay for Success (PFS), which aims to reward successful programs in the social sector. The investment will pay for a variety of technical resources aimed at bolstering and evaluating PFS projects, with an eye toward upping the game of all the players involved in PFS: government, service providers, evaluators, and funders. Tools developed by the Urban Institute will help to structure deals, determine which projects are most effective and cost-efficient, and set benchmarks for success.

via The Arnold Foundation is Betting Big On Pay for Success – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

A Credit Union Foundation with a Big Heart for Housing – Housing – Inside Philanthropy

Member-funded credit unions have a strong capacity to positively impact the community, not only in providing lower cost financial services, but also in providing funding for programs that respond to community needs. An example of a state credit union that is pushing the boundaries of impact in housing: the State Employees’ Credit Union (SECU) Foundation of North Carolina, which recently announced a new investment of $10 million over a three-year period to build or renovate a home in every one of the state’s 100 counties.

via A Credit Union Foundation with a Big Heart for Housing – Housing – Inside Philanthropy.

Philanthropy Is a Matriarchy, But With Men at the Very Top – Inside Philanthropy: Fundraising Intelligence

Women do all the work, but men call the shots—especially when it comes to the really big money.

That’s one picture of the foundation world that emerges from the Council of Foundation’s new study, 2014 Grantmakers Salary and Benefits Report, which offers the most in-depth look available at foundation staff and leadership.

via Philanthropy Is a Matriarchy, But With Men at the Very Top – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

What Are Prize-Linked Savings Accounts? And Why’s Kellogg So Keen on Them?  – Inside Philanthropy: Fundraising Intelligence

As the U.S. economy continues to recover from the Great Recession, funders are looking for ways to support good financial habits like saving money. One interesting effort along these lines is the Kellogg Foundation’s multi-year investment in prize-linked savings accounts through D2D.

via What Are Prize-Linked Savings Accounts? And Why’s Kellogg So Keen on Them?  – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

A Reformed Peddler of Cigarettes Coughs Up $5 Million to Make the Next Gen Tobacco Free – Inside Philanthropy: Fundraising Intelligence

Last year, CVS made a landmark commitment to end sales of cigarette and other tobacco products at its more than 7,800 retail stores. CVS was the first national pharmacy chain to do so, so that was a big deal.

Apparently, though, the company feels guilty for all the years that it did sell cigarettes. After all, what the heck was a pharmacy doing selling products that can kill people?

via A Reformed Peddler of Cigarettes Coughs Up $5 Million to Make the Next Gen Tobacco Free – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

Memo to Funders: Fight Exclusionary Zoning to Make Headway Against Inequality – Inside Philanthropy: Fundraising Intelligence

Hell, yes, the rent is too damn high, higher than ever in fact. The reasons why are myriad: a shortage of rental properties, millions of families de-homed in the financial crash, and lending restrictions that have been tightened up in the process of financial recovery. The building sector is still recovering from the crash as well, so new housing hasn’t been added at the same pace as before the Great Recession. Meanwhile, family income, when adjusted for inflation is below what it was in 1989.

via Memo to Funders: Fight Exclusionary Zoning to Make Headway Against Inequality – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.