Sam Zell is a Chicago businessman with a fortune of nearly $5 billion. His wife Helen is a philanthropist with wide interests and liberal views. The couple has been stepping up their giving, and we watch them closely, although we’re often struck by the inscrutability of the Zell Family Foundation’s giving, and always on the lookout for clues as to where the Zells’ philanthropy is going.
The Bronx is a tough part of New York. More than 30 percent of Bronx residents live below the federal poverty line and unemployment is well above the national average, especially for young people of color. That’s why it’s so important that funders like Capital One Foundation are investing in workforce training, to help people get on the first rung of the employment ladder in health care.
One irony that some housing groups face is that they’re renters, not owners, of their office spaces—and are prey to the whims of the real estate market just like many of the people they’re trying to help. Among other things, outlays for rent can jack their overhead, diverting money from services and making them less appealing to donors.
If you are a nonprofit that focuses on housing, should you apply for CDFI money? It’s probably a good idea to look into it. Funding from CDFIs has increased since 2008, and appears to be a growing trend.
We’re #36! It has a ring to it! My nurse mother up in heaven would be proud. Many thanks for our resident-nurse-writer Nancy Green for all her great nurse-related content throughout the past decade!
One way to help ensure that kids turn into thriving adults is to reduce their exposure to abusive situations. That logic of prevention is why the Houston Endowment has long been investing in a nonprofit called Childbuilders.
If you’re not tracking the explosion of giving by energy companies, you should be—especially if you raise money for STEM, higher ed, or workforce. Just look at this big give by Chevron in Appalachia.