Nonprofit Chronicles

Journalism about foundations, nonprofits and their impact

The people who run billion-dollar foundations like to talk about their grants. They pump out press releases, produce slick videos, post on social media, publish annual reports and compile searchable databases, all calling attention to the ways they give away money. But how do they invest their money? Many won’t say. Fewer than half of 15 of the biggest U.S. foundations, which …

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“Universities,” says Harvard, “have a special role and special responsibility to confront the global challenges of climate change and sustainability.” Indeed they do. But by financing the exploration and production of fossil fuels, Harvard is failing to live up to that responsibility. In an effort to hold the university accountable, a group of prominent alumni, led by former …

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