Nonprofit Chronicles

Journalism about foundations, nonprofits and their impact

There’s a lot to like about the Marguerite Casey Foundation, a Seattle-based private foundation with about $800m in assets that, since its inception nearly 20 years ago, has been led by a advocate for social change named Luz Vega-Marquis. Leaders of social-justice organizations lavish praise on Vega-Marquis for providing multi-year and unrestricted support to grass-roots organizations that …

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Psychedelic drugs are having a moment in the sun. They have great potential, we’re learning, as a treatment for a variety of mental illnesses, including post-traumatic stress disorder and depression. They are also attracting interest as a gateway to meaningful experiences that, advocates say, should be available to all. Philanthropists are taking note. More donors — though …

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So much for Wayne Pacelle’s denials. Early in 2018, when women at the Humane Society of the U.S. alleged that Pacelle, the organization’s charismatic leader, had sexually harassed them, he maintained his innocence before resigning under pressure. “This is a coordinated attempt to attack me and the organization,” Pacelle said. “And I absolutely deny any suggestion that I …

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Climate change is “the slow-motion equivalent of a large asteroid heading to earth,” writes Joshua S. Goldstein, in a new book about climate solutions. It’s potentially catastrophic, and requires a political solution, he argues. But Goldstein says that if he were put in charge of environmental grant-making at a big US foundation, he would not …

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Most PTAs hold bake sales and car washes to help out their local schools. But in some well-to-do communities, PTAs have turned themselves  into “local education foundations,” the biggest of which raise millions of dollars a year. Stanford professor Rob Reich learned about these super-sized PTAs when his son went off to kindergarten in Hillsborough, …

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John Bogle didn’t sign the Giving Pledge. He didn’t have the money. (You need $1bn.) But Bogle did more for the world than most of those who signed. Bogle, the founder of the investment giant Vanguard, died last week. His story is a reminder that how you make your money matters more than how you …

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Eighteen months ago, the people who manage the endowment at the John D. and Catherine T. MacArthur Foundation got some bad news: Investments they had made in funds managed by EnerVest, a Houston-based private equity firm that operates more than 33,000 oil and gas wells across the US, had plummeted in value to almost nothing. …

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