Nonprofit Chronicles

Journalism about nonprofit organizations and their impact

The Rockefeller Brothers Fund has left its mark on America.  Founded in 1940 by five sons of John D. Rockefeller Jr.–John 3rd, Nelson, Laurance, Winthrop, and David–it has been a major supporter of New York’s Riverside Church (where the family worshipped), the Museum of Modern Art (which their mother co-founded), Colonial Williamsburg (where JDR 3rd and Winthrop chaired …

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In the world of philanthropy, the divestment movement is known as Divest-Invest. “Divest” has gotten most of the attention. “Invest” will make more of a difference. Divesting ownership of fossil fuel companies won’t have much direct effect on the fossil fuel industry, as I’ve written, in part because most of the world’s reserves are held by state-owned …

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The William and Flora Hewlett Foundation, one of the US’s biggest and most influential foundations, has taken a small step to distance itself from financing fossil fuels. The Menlo Park-based foundation, a leading funder of programs to avoid the worst impacts of climate change, has amended its social investment policy to say that it will refrain …

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