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Lead story
Editor's note:
Many foundations are undergoing a transition. Some of the most recognizable names in philanthropy are stepping down, and a new wave of leaders is taking their place, reports Alex Daniels in the Chronicle of Philanthropy.
Of the dozens of new private foundation leaders, a significant number arrived at the top after rising through the ranks. Many are Gen X women, and the share who are people of color has grown to 20% from 14% since the racial-justice protests of 2020.
Today, foundations want their leaders to be unifiers, promoting a clear set of values, listening to the broader public and inviting people to join in rather than dictate a plan, says Kathleen Enright, president of the Council of Foundations.
“Foundation boards used to want star power in their CEOs," she says. "They wanted a former ambassador or a university president. But philanthropy requires its own set of skills.”
News and trends
What billionaires and their advisers say keeps them from giving more and faster
Billionaires Marie and Benoit Dageville explain why they signed Giving Pledge and started donating.
By Thalia Beaty/The Associated Press
'We're better off when we give something back,' the Pivotal Ventures founder says.
By Thalia Beaty/The Associated Press
Commentary and analysis
The Internet Archive is a cautionary tale for growing nonprofits
A legal battle involving the organization behind the Wayback Machine shows why a nonprofit’s ambition shouldn’t come at the expense of its users.
By Keith Porcaro, Duke Law School, for the Chronicle of Philanthropy
Band Aid, and the subsequent Live Aid concerts in July 1985, were watershed moments for the charity industry.
By Colin Alexander, Nottingham Trent University, for The Conversation UK
Other nonprofit news of note
- Meet the aggressive research firms that help charities say no to dirty money (Robb Report)
- Pete Hegseth's secret history (The New Yorker)
- How Kennedy has worked abroad to weaken global public health policy (New York Times)
- Redefining hospitality: The Louisville hotel helping people go from the streets to housing (Louisville Public Media)
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- Giving Today is published by Chronicle of Philanthropy, The Associated Press and The Conversation U.S.
- The three news organizations are funded by the Lilly Endowment to cover philanthropies and charities and their impact on society.
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