Friends Focus highlights updates from members of our Friends of the Family network and their cutting edge work. This month features updates from the Nathan Cummings Foundation; the Walton Family Foundation; the Meadows Foundation and the Charles and Lynn Schusterman Family Foundation.
Are you a current Friend or Leadership Circle member of NCFP with an update or good news about your foundation that you would like to share with Family Giving News readers? Please email us. Interested in learning more about the families involved in NCFP's Friends of the Family network? Go here.
The Nathan Cummings Foundation announced it plans to place all of its nearly half-billion-dollar endowment solely in investments that aim to reduce social inequality and mitigate climate change, making it the largest foundation to try to use its entire investment portfolio to generate social change. Cummings, which notched $443 million in assets in 2016, the most recent year for which records are available, did not set a timetable for when it plans to complete the shift.
The International Mountain Bicycling Association (IMBA) and the Walton Family Foundation are partnering to present new Trail Labs educational programming and matching Trail Accelerator grants to bring more trails to communities across the U.S. Alongside Trail Labs, IMBA’s new Trail Accelerator grant fund will support communities with visions for model trails, IMBA stated in a release. The grant will be matched dollar for dollar by the Walton Family Foundation, and is poised to become IMBA’s largest trail fund in history.
The Callier Center for Communication Disorders will present the 2018 Ruth and Ken Altshuler Callier Care Award to the Meadows Foundation at the seventh annual Callier Cares Luncheon on April 17. The award is given annually to an individual or group that has contributed significantly to the betterment of the community and to advancing the care of patients with communication disorders. The luncheon was created to raise resources through the Callier Care Fund to benefit children and adults who otherwise could not afford clinical care to overcome speech, language and hearing disorders.
Though focused on the $5.5–6 billion raised annually for Jewish causes, Giving Jewish: How Big Funders Have Transformed American Jewish Philanthropy, a new report, has relevance for the broader philanthropic community. Changes over the past two decades in longstanding patterns have challenged nonprofit organizations to adapt, at the risk of losing their support and their funding. Sandy Cardin, NCFP board member and president of the Charles and Lynn Schusterman Family Foundation, cautions that “expecting big givers to consistently limit their own influence may be unrealistic, no matter how well-intentioned the donor.”
We offer special thanks to our Friends of the Family and Leadership Circle funders who support and sustain the work of NCFP. Our Leadership Circle recognizes a special group of our most generous supporters. Our Friends offer continuing support for our work, ensuring that future generations of donor families can access the best possible resources for sound decision-making. See a complete list of NCFP Leadership Circle and Friends of the Family. Or, for more information, please contact Maureen Esposito at 202.293.3276 or at firstname.lastname@example.org.