Philanthropy News Digest

Quality Jobs Fund Invests $5 Million in California Central Valley

The investment is the first made by the $100 million Quality Jobs Fund, which the Federal Home Loan Bank of San Francisco seeded in 2017 to facilitate quality job creation, finance small business expansion, and support job training in underserved communities....

T. Denny Sanford Pledges $30 Million for Children's Zoo

The largest gift ever to the zoo will help fund a $69 million project to reimagine the children's zoo, which will be designed to offer more opportunities to discover the natural world through play....

News Media Not Fulfilling Role in Boosting Democracy, Survey Finds

The report from the Knight Foundation and Gallup found that while 84 percent of respondents believed  the news media play a "critical" or "very important" role in U.S. democracy, 43 percent said the news media are fulfilling that role "very poorly/poorly"....

PayPal Community Gave $1 Billion During 2017 Holiday Season

For the first time, donations made via the online payment system during the holiday season reached ten figures, and a total of more than $8.5 billion was donated through the platform over the course of the year, including a significant number of gifts of $10 or less....

Office Depot Cuts Ties With Eponymous Foundation

The office-supply retailer has disassociated itself from the philanthropy formerly known as the Office Depot Foundation and is planning to launch a new company-sponsored foundation in the coming months....

Taft Museum of Art Receives $5 Million to Endow Chief Curator Position

The bequest from former board member Sallie Robinson Wadsworth will ensure that self-organized exhibitions are a priority for the museum and enable the chief curator to dedicate significant time to conducting research and producing exhibitions and publications....

Community Foundation Update (01/13/18)

News and staff announcements from community foundations in Alabama, California, Hawai'i, Massachusetts, New Jersey, New York, North Carolina, and Ohio....

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