Following husband Steve Jobs death, Laurene Powell Jobs has pursued interests in education, immigration and the environment via the Emerson Collective. He also funds Jewish causes through the Ricky and Andrew J. Shechtel Philanthropic Fund. Penny is his older sister and she also became involved in politics. He left the social network in 2007to become the online organizer for Barack Obama's first presidential campaign. Heres a look at how this new activist foundation came to be and where its going. According to his personal website, Soros serves as deputy chair of the Open Society Foundations, a nonprofit founded by his father. In 2019, he issued an executive order titled Strengthening Our Commitment to Affirming and Inclusive Schools, to support trans children. Philanthropy can no longer afford to have our endowments and investments working at cross-purposes, undermining the campaigns, organizing tactics and strategies that our grant partners are fighting for, Agbo wrote in an introductory primer on Katalys approach. She is energized by the momentum that is building to shift private investment and philanthropy towards a frame of economic justice, reparations, and transformation. (Vince Talotta/Toronto Star via Getty Images). This couple gives through the eponymous Heising-Simons Foundation, which boasts a climate and clean energy program, and a human rights program centered on countering the structural racism of mass incarceration and immigrant detention. Nicholas and Susan Pritzker fund through the Libra Foundation, which has grown into a mainstay in the social justice movement space. Its both a repudiation of and a remedy for economic practices that concentrate wealth in the hands of the already wealthy, impoverishing communities that lack the clout to secure a share. LinkedIn is the world's largest business network, helping professionals like Regan Pritzker discover inside connections to recommended . In terms of process and ideology, Libras grantmaking is already pretty progressive. The former New York City mayors stalled presidential ambitions showed that money can only go so far; nevertheless, he remains a pivotal funder of left-leaning endeavors like reducing gun violence and shuttering fossil fuel plants. But the amount of money available to donors is only one part of the story. Were here to equip you with the tools you need to make a meaningful impact. Interests include climate change mitigation and clean energy. J.B. Pritzker signed legislation that amends the state's sports betting law that will finally allow bets to be made on in-state college sports teams while lifting the ban on online . They first backed him when he was a restaurateur and. I dont have to do that anymore.. Chris Olin Susan Pritzker He has a masters degree from UC Berkeley and serves on the board of the university's Goldman School of Public Policy. That trend, operating alongside wealth inequality unparalleled in living memory, has generated speculation about a new golden age of philanthropyin numerical termsbefitting what weve called a new Gilded Age. The Kataly Foundation is supporting recovery and resilience with a trust-based, equity-focused approach that others may find instructive. An heir to the Reynolds tobacco fortune, Bagley was active in Democratic Party politics in the 1990s before settling into leadership roles with the Arca Foundation and the Z. Smith Reynolds Foundation. The foundation has a notably short 10-to-15-year horizon to spend out its assets and directs them to communities of color. The son of the famed liberal donor, Alexander Soros gives through the Alexander Soros Foundation, which gives out an annual award to activists working at the nexus of environmentalism and human rights. Jennifer Pritzker, (right), shown here with Brenda Cossman, director of Bonham Centre for Sexual Diversity Studies at University of Toronto, is a biological male who uses philanthropic donations of push radical transgender ideology. We were highly aware of all the money stuck in DAFs. A graduate of UC Berkeley and Stanford, Pritzker is an elementary school teacher and has three children, according to a biography of her on the website of the Global Greengrants Fund, an organization she serves on the board of. Pritzker also serves as the board chair of her family's foundation, The Libra Foundation. Scott has now fully emerged as one of the nonprofit lefts most deep-pocketed allies. When you look at the crises in aggregate, what were seeing is an inability to recover. That trend, operating alongside wealth inequality unparalleled in living memory, has generated speculation about a new golden age of philanthropyin numerical termsbefitting what weve called a new Gilded Age. to become the online organizer for Barack Obama's first presidential campaign. Regan Pritzker Co-President, The Libra Foundation; Co-founder, Kataly Foundation Regan Pritzker is the co-founder of the Kataly Foundation and is currently serving as a board member, as well as a collaborator with the Restorative Economies Fund. Katalys may end up proving even more so. She is also turning her attention to climate change, citing artist Maya Lins installation Ghost Forest in Madison Square Park as inspiration. The founder of eBay has a longstanding focus on global issues, such as health, education, and economic development, but also supports property rights, government transparency, and technology. On Tuesday, EPA Administrator Michael S. Regan announced that President Biden will appoint Shore, who has been a leading voice for water quality and management, to become EPA's regional administrator for Region 5, which covers six states, including Illinois, and 35 tribes. After seeing Ava DuVernays documentary 13th, which draws a direct line from slavery to mass incarceration, Gund began reading about the issue and seeking out Bryan Stevenson, Michelle Alexander and other experts. His grantmaking is picking back up again lately and prioritizes civil rights and community work. When I started All Star Code, I had to explain the entire history of segregation in this country and make a link from segregation to the wealth gap to entrepreneurialism and to the business sector and to boys and girls. She is president of San Francisco-based Libra Foundation, which was founded by her. Its fortune arose in the 20th centuryparticularly through the founding and expansion of the Hyatt hotel . Behind the scenes, he has been ramping up his giving through Start Small, which cut its teeth on COVID-19 relief and began funding social justice movements at a steady clip soon after. The Illinois-based Eychaner founded the Newsweb Corporation and gives through the Alphawood Foundation. Burbanks philanthropic interests emphasize the environment, with additional grants to progressive advocacy groups. Libras expanding profile has much to do with Regan herself, who worked for years to shape the family philanthropys approach as a member of the foundations board. Described by the Washington Post as "18 ultrarich liberals," including Regan Pritzker and Liesel Pritzker Simmons, Hyatt hotel heirs and relatives of Illinois Gov. A granddaughter of oil baron H.L. Regan Pritzker and Liesel Pritzker Simmons Both women are heirs to the Pritzker family fortune, which was created through real estate investments and the founding of Hyatt Hotels, the. Bottom-up movement grantmaking is integral to Katalys programmatic approach, and it was also the primary lens for a round of rapid-response grantmaking undertaken in 2020 to bolster the emergent movement energy that followed George Floyds murder at the hands of police. The 59-year-old heiress has criticized the salary of Disney CEO Bob Iger and defended Meryl Streep after she called Walt Disney a "bigot", according to CNN Business. The team does see connections between this component of Katalys work and its systems change grantmaking. A decade later, it tripled in size as it absorbed assets from Swifts mothers foundation. Hes also on the board of the Walton Family Foundation. Apply to join the directory. We didnt insert ourselves in the process, Jennifer says. She is a prominent arts patron, collector of modern and contemporary art, and arts education and social justice advocate. All Star Code has broken this ground with tech and media companies, Lewis says, and has inspired AT&T, JPMorgan Chase, Goldman Sachs and other major corporations to contribute by serving as sites for the courses and helping with college-search and job-placement efforts. The NBA legend once had a foundation, but it dissolved in the 1990s. Going forward, itll be vital for Kataly not only to help its grantees sustain themselves, but to expand their collective movement and its funding sources. Grantees include Demos and the Common Cause Education Fund. from the University of Chicago. She is the wife of fellow signee Robert S. Bowditch. In addition to green mainstays like the NDRC and Greenpeace, the foundation backs progressive advocacy groups like the Alliance for Justice. She is chair of the investment committee of her family's foundation, the Libra Foundation, as well as a member of Edge Funders Alliance, and is a leading philanthropist in the Just Transition movement, taking leadership in moving progressive investors to rethink their ethical framework for private investment. A Swiss entrepreneur and billionaire, Wyss funds environmental conservation in the U.S., with additional grants going out the door to progressive policy nonprofits and intermediaries like the New Venture Fund. Nevertheless, there is still plenty of room for experimentation and iteration in how Kataly envisions philanthropy, both in terms of how it operates, as well as its place in the broader progressive funding context. Norman Lear co-founded People for the American Way, and the Lear Family Foundation frequently supports progressive advocacy, including for the environment. Simmons, now 35, is also a cofounder and principal of Blue Haven Initiative. AES Corporation founder Roger Sant gives to support urban sustainability and women and girls rights through the Summit Foundation. Some of the signatories are multi-billionaires like George Soros, while others are little-known multimillionaires. Simmons, 44, serves as the cofounder and principal of impact investing firm Blue Haven Initiative alongside his wife and fellow signatory Liesel Pritzker Simmons, according to the firm's website. Since its inception, #HalfMyDAF has inspired donors along with others who have now joined the Rishers in matching donations to move $19.2 million from donor-advised funds to nonprofits. Transit agencies across the country are broadcasting public service announcements recorded by children with autism for Autism Awareness Month . The eBay billionaire has largely focused his strategy on investing in social entrepreneurs, but also engages in grantmaking on a wide array of global issues. Wong says institutional philanthropy has not only failed to offset skyrocketing wealth inequality, but has actually helped to perpetuate iteither by funding policy advocacy that benefits extractive practices, or simply by failing to properly resource organizations and movements proposing bold alternatives. Meyer utilized an inherited fortune in UPS stock to found what is now the Southern Partners Fund, which supports grassroots organizing in the Southeast. from the University of Chicago. Munger, 71, is the oldest daughter of Berkshire Hathaway vice chairman Charlie Munger. Today, Tides is an crucial fiscal sponsor, DAF sponsor and donor organizing outfit on the left. From @bjportraits The Billionaire Family Pushing Synthetic Sex Identities (SSI) Tablet Magazine https://t.co/2LR06p3ZvV, Partners for Ethical Care (@ethical_care) June 15, 2022. Dorseys role at the helm of Twitter earns him frequent mention in the news. View Regan Pritzker's professional profile on LinkedIn. Harnessing art as a force for good remains central to her approach. After seeing Ava DuVernays documentary, In the four years since its inception, the fund has dispersed $92 million to 287 non-profits, while also raising nearly $25 million from over 100 individual donors, including art collectors, artists and incarcerated people. During the pandemic, Libra has aggressively increased its payout. In 2015, Forbes estimated that the Gund family had a net worth of $3.4 billion and ranked them among the 100 wealthiest families in America. In 2002, Forbes reports, she sued her father and the Pritzker family and came away from it with a $500 million payout. Gov. An heiress to the Pritzker family fortune, Simmons has a net worth of approximately $600 million, according to a 2013 Forbes article. , building their fortune from the Hyatt hotel chain. Recently, theyve dipped into progressive giving with a COVID response fund to benefit undocumented immigrants and some racial justice movement funding. Philanthropist George Soros, 88, made his fortune running Quantum Fund, which was once the largest hedge fund in the world. Gund, 81, used the fortune she inherited from her father, the president of an Ohio-based bank, to become a noted philanthropist in arts and social justice, according to The New York Times. Grantees like the Boston Ujima Project, Higher Purpose Co. and the East Bay Permanent Real Estate Cooperative are a few examples of other organizations taking a similar approach. In that sense, one of the most interesting dynamics at Kataly is its status as a democracy fundernot in the typical sense, but in terms of its decision to center grantees proposing radical democratization of the economy. A month after covid hit San Francisco, Jennifer and David Risher found themselves ensconced in their Napa Valley home, discussing how they could step up during the crisis. They have encouraged others to adopt it and accelerate opportunity for the poorest. Disney is a grandniece of Walt Disney, and works as a social activist and documentary filmmaker. She has an incredible sense of timing, says Helena Huang, project director of Art for Justice. The result has been Kataly, a foundation separate from Libra thats out to push boundaries and critique the philanthropic status quo. Bowditch has previously advocated for raising taxes on the wealthy: In 2010, he signed an open letter to President Obama asking him to allow tax cuts for millionaires to expire, according to a, Sean Zanni/Patrick McMullan via Getty Images. Sagner has donated to the Movement for Black Lives. She created the Kendeda Fund in 2003, but only came to light as its principal donor in 2015. In 2012, she advocated for a tax hike in California to boost funding for the state's public schools. netted him a fortune, which he employs to support causes like LGBTQ rights, gun violence prevention and civic programming in Los Angeles. Pritzker was born in Chicago on 16 October 1945, son of Jack Nicholas Pritzker (1903-1979) and Rhoda Goldberg Pritzker (1914-2007). A group of 19 ultra-wealthy Americans signed an open letter to 2020 presidential candidates asking them to support a wealth tax, a copy of the letter published byThe New York Times on June 24 shows. Agbo noted that theres a link to be made between those questions and the democratic process itself. This is the moment. The solutions we need rest in communities impacted by systemic injustices; their work is often rooted in cultural traditions that they reclaim and apply in new and innovative ways. These Democratic donors give through the Growald Family Fund, which uses a venture philanthropy approach to support new groups working across the world on climate and sustainable energy. Susie Tompkins Buell founded The North Face along with her first husband Doug Tompkins. Reeves and Berger tapped a financial fortune to found Unbound Philanthropy, an under-the-radar grantmaking organization with a tight focus on immigrant, migrant and refugee rights. My discomfort came from recognizing that my wealth came at the expense of others, she says, and from realizing the issues she cared about profoundlyenvironmental and social injusticewere connected to the wealth inequalities from which she benefitted. Explore GrantFinder, a powerful resource for IP subscribers. A co-founder of Facebook and one-time owner of the New Republic, Hughes prioritizes economic opportunity, LGBTQ rights and global health in his giving.
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