Laura and John Arnold Use Data to Tackle Big Problems
In the half-year since Arnold closed his hedge fund and embarked on a second career as a deep-pocketed philanthropist, he and his wife have made a splash by pursuing a risk-embracing, data-centric approach to philanthropy....
PRIs Popular But Not Widely Understood, Study Finds
Although program-related investments are becoming more popular with foundations looking to advance their charitable purposes while generating financial returns, their use remains limited, a new study finds....
Morgan Stanley Pledges Additional $8 Million to Feeding America
In the latest phase of its Fill the Plate initiative, the financial services firm will award more than $1 million annually to local foodbanks over the next four years and will provide funding to study child hunger-relief programs....
CityBridge Foundation Receives $1 Million From Microsoft
The grant will enable the fellowship program to expand the size of its annual cohort of participating educators and recruit additional STEM (science, technology, engineering, and math) teachers....