American philanthropy turns left
An over-narrow focus on equity is leading grant-makers astray
CHARITABLE GIVING was expected to be walloped by the pandemic. The opposite happened. Fidelity Charitable, America’s largest administrator of grants on behalf of donors, handed out $9.1bn last year, up from $7.3bn in 2019. A study in 2020 of more than 250 American foundations showed that a majority were increasing grants for the year, by an average of 17%.
This article appeared in the United States section of the print edition under the headline “The woking class”
United States September 4th 2021
- How damaging has the Afghanistan withdrawal been to Joe Biden?
- Will America’s next war be declared by Congress or the president?
- The Supreme Court green-lights a near-total abortion ban in Texas
- Rural Colorado hopes to cash in on its dark skies
- American philanthropy turns left
- Storms and fires will not bring an escape from America’s stuck climate politics
From the September 4th 2021 edition
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