Novel Giving Strategy - Letting Nonprofits Decide How to Use Funding


credit: Housing Hope

Jeff Bezos, founder, CEO, and president of Amazon.com, decided to try something different with his new billion-dollar charity, Day One Families Fund.

Bezos, through his charity, announced that he would give $2 billion to boost homelessness services and early childhood education in the US.

He granted $100 million to two dozen nonprofits working to provide shelter to homeless families across the country.

Based on Recode’s interviews with eight of those funded by Bezos and others familiar with his donations, he has done something that even the nonprofits receiving his millions remark is highly unusual: He has given them life-changing money with virtually no restrictions, formal vetting, or oversight.

In fact, multiple experts told Recode this strategy actually makes a lot of sense. There are still risks, but with proper oversight, this strategy could actually work.

According to Recode, the hope is that Bezos's emerging strategy will "challenge the conventional wisdom that a long leash is a bad thing for a nonprofit." Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Every Adult Can Build Youth Resilience and Help Students Thrive
Foundation: Greater Tacoma Community Foundation

The Greater Tacoma Community Foundation, the Tacoma Whole Child Partnership, and Tacoma Public Schools address how school employees who work in a capacity often referred to as support staff can also...more

Home-Delivered Food Boxes Reduced Food Insecurity Among Adults, but Not Children

On an episode of On the Evidence, J.B. Wogan, Senior Manager of Strategic Communications, talk about a demonstration using home-delivered boxes packed with fruit, vegetables, and other shelf-stable...more

Preschool Offers Growth Through Play-Based Learning

Maren Petersen-DeGroff, Children's Program coordinator at Parenting Now!, writes how a few hours a week in an intentionally prepared environment with age-based peers can help build the skills that...more

New Tools for Improving Attendance in Pre-Kindergarten and Kindergarten

The U.S. Department of Education's Regional Educational Laboratory (REL) Mid-Atlantic has partnered with the New Jersey Department of Education (NJDOE) to provide support of their initiative called...more

Impact Investing Partnership Helps Operation HOPE Serve More Families and Children
Foundation: San Diego Foundation

A new impact investing partnership between The San Diego Foundation and local nonprofit Operation HOPE – North County is recently launched to enable organizations and donors to leverage charitable...more

Successful Providence Childhood Language Program Expands to 5 Other Cities
Foundation: Bloomberg Philanthropies

Providence Talks is expanding into five additional U.S. cities. Bloomberg Philanthropies recently announced that Birmingham, Alabama, Detroit, Hartford, Louisville and Virginia Beach are picking up...more

Cartoon Network and LA Nonprofit Launch Mentorship Program for Autistic Artists

Cartoon Network Studios and Exceptional Minds have recently launched a digital-arts mentorship program for people with autism. The inaugural pilot program will pair more than 20 Exceptional Minds...more

HHS Awards $374 Million to Programs Supporting Maternal and Child Health

The U.S. Department of Health and Human Services (HHS) recently announced $351 million in funding to 56 states, territories, and nonprofit organizations through its Maternal, Infant, and Early...more

Can Online Preschool Program Prepare Children for Kindergarten?
Foundation: Annie E. Casey Foundation, Lilly Endowment

Purdue University recently announced a $40 million Lilly Endowment grant to Purdue Research Foundation. The grant aims to help create Purdue's Engineering and Polytechnic Gateway Complex, a project...more

Oxford Scholarship Goes to Aussie Social Enterprise Founder

Rangan Srikhanta, founder of Sydney-based One Education and its offshoot One Laptop per Child, is one of five individuals from around the world to be given a Skoll Scholarship to study an MBA at the...more






Social Entrepreneurship
Spotlight



Exploring The Entrepreneurial Mindset – Their Approaches To Tackling Social Change


Exploring The Entrepreneurial Mindset – Their Approaches To Tackling Social Change

Jean Case, CEO of the Case Foundation, defines the meaning of social entrepreneurship, and explores the entrepreneurial mindset and approach of social entrepreneurs in dealing with social challenges.


Unable to select database

Federal Government Grant and Assistance Programs


Basic Scientific Research Combating Weapons of Mass Destruction | Alaska Native Educational Programs | CNCS Disaster Response Cooperative Agreement | Community-Based Violence Prevention Program | English Language Acquisition Grants | Private Enforcement Initiatives | Outreach Programs to Reduce the Prevalence of Obesity in High Risk Rural Areas | Office of Native American Programs Training and Technical Assistance for Indian Housing Block Grant | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2020 Copyright Michael Saunders