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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Short-termism is endemic in government, industry and philanthropy. Politicians focus on the upcoming election. Corporations are judged by their quarterly results. With few exceptions, charitable giving seeks to address today’s problems. Ben Delo, Britain’s youngest self-made billionaire, aims to change that, and not in a small way. Shaped by the principles of effective altruism (EA), Delo promises …

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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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For more than a year, the Humane Society of the United States, the US’s most powerful animal-welfare group, has been trying to recover from charges of sexual harassment levied against Wayne Pacelle, its former chief executive. The Humane Society’s board has apologized to women who lodged complaints against Pacelle, adopted new policies and practices, brought on new members, commissioned …

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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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