Race-Based Grants; and Warren Buffett's Wealth

Plus, $75 million for Chicago's Art Institute; and a letter-writer calls for expansion of tutor-training programs ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. DIVERSITY, EQUITY, AND INCLUSION [Nonprofits, Legal Experts React to the Fearless Fund Decision to Shutter Grant Program to Black Entrepreneurs]( By Alex Daniels [STORY IMAGE]( The settlement of a case that would have tested whether charities can make grants based on race — and perhaps put the decision before the Supreme Court — has left the issue in a legal gray zone. MAJOR DONORS [The Next Generation of Buffetts Is Poised to Become One of the Biggest Forces in Philanthropy]( By Thalia Beaty and Josh Funk, Associated Press [STORY IMAGE]( Warren Buffett’s fortune, now valued at $144 billion, will go to a charitable trust managed by his three children when he dies, and the money must be given away within 10 years. GIFTS ROUNDUP [Chicago’s Art Institute Lands $75 Million for Expansion]( By Maria Di Mento [STORY IMAGE]( Plus, two brothers gave $75 million to UW-Madison for a new engineering building, the Mayo Clinic landed $50 million to expand cancer care to more underserved patients, Mackenzie Scott gave $40 million, and the Juilliard School received $20 million. LETTERS TO THE EDITOR [Steph and Ayesha Curry — Don’t Let a Lack of Tutors Derail Plans to Help Students]( The Currys’ recent announcement is laudable, but won’t work without investments in tutor-training programs. WEBINARS [Thursday, September 19 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Join us for How to Measure and Convey Impact, a session designed for communications and fundraising professionals. You’ll learn from Cindy Eby, founder and CEO of ResultsLab; Deidre Kennelly, principal of Kennelly Consulting; and Isis Krause, chief strategy officer at Philanthropy Together, how to collaborate with program staff to demonstrate the difference your organization makes. Online Forums [September 24 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Join the Chronicle’s Stacy Palmer for The Future of Race-Based Grant Making, a conversation with Marc Philpart of the California Black Freedom Fund, Carmen Rojas of Marguerite Casey Foundation, Thomas Saenz of MALDEF, and Olivia Sedwick, the Lawyers’ Committee for Civil Rights Under Law. They’ll discuss what comes next now that the Fearless Fund settled a court case that was widely watched as a barometer of what grant makers can do in the wake of the Supreme Court’s affirmative action ruling. SUBSCRIBE TO THE CHRONICLE [Chronicle of Philanthropy Subscription] Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online Ending homelessness in Los Angeles in the coming decade would cost $20.4 billion, according to a draft analysis meant to serve as a roadmap to “functional zero” homelessness. That figure would require local, state, and federal governments to more than double their spending on the issue and would fund “36,000 permanent housing units for homeless residents with chronic health needs and build or subsidize 25,000 additional apartments for very low-income residents.” It also assumes that the city maintains its current level of shelter beds and interim housing through 2029. Los Angeles has about 45,000 homeless residents, 29,000 of whom lack shelter. ([Los Angeles Times]( Background from the Chronicle: [Did a $100 Million Effort Reduce Homelessness? The Results Are In]( Conservative legal activist and funder Leonard Leo is pushing groups he supports to “weaponize” their plans by doing more acting and less talking. Leo, who reportedly has about $1 billion left from a $1.6 billion donation he received in 2021, told the groups he is doing a “comprehensive review” of his grant-making process. He wants them to “crush liberal dominance at the choke points of influence and power in our society,” according to a letter he sent to them. ([Axios]( More News - Texas Civic Group Wants Judge to Block Ken Paxton’s Investigation Into Voter Registration Efforts ([Texas Tribune]( - Plus: At This West Texas Church, ‘The Lord’s Work’ Is Helping the Poor, Not Rewriting State Law ([Texas Tribune]( - Two San Diego Teens Investigated Their High School Foundation’s Finances. Then One Got Called In to the Principal ([San Diego Union-Tribune]( - Minnesota Public Radio and Nonprofit Braver Angels Want Minnesotans to ‘Disagree Better’ About Politics ([Current]( - Background from the Chronicle: [‘It’s Hard to Hate Up Close': Philanthropy, Polarization, and the Art of Conversation]( - An Orange County Nonprofit Got $1 Million to Build a Monument. Did It Really Cost That Much? ([LAist]( - New York Supreme Court Throws Out Lawsuit Accusing Helen Frankenthaler Foundation of Exploiting the Late Artist’s Legacy ([ARTnews]( Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup. EDITOR'S PICKS OPINION | GOOD GIFT, BAD GIFT? [Parks for the People]( By Amy Schiller [STORY IMAGE]( Lilly’s record grant to the National Park Foundation has some intriguing benefits. DIVERSITY, EQUITY, AND INCLUSION [Fearless Fund Drops Grant Program for Black Women Business Owners in Lawsuit Settlement]( By Alexandra Olson, Associated Press [STORY IMAGE]( The case has been closely watched as a bellwether in the growing legal battle waged by conservative groups against corporate diversity programs. WORK AND CAREERS [Nonprofit Employees Often Can’t Afford Basics, New Report Finds]( By Sara Herschander [STORY IMAGE]( More than one in five nonprofit workers in the United States is struggling to make ends meet, even as many dedicate their careers to helping others facing financial hardship, according to a new report released Tuesday. ADVERTISEMENT LinkedIn Live [Join our live event]( —Future Caucus CEO Layla Zaidane is betting that Gen Z and millennials can bring an end to partisan warfare. In a conversation with Chronicle deputy opinion editor Nandita Raghuram, Zaidane talks about her organization (formerly the Millennial Action Project) and its work with young leaders in Congress and at the state level to bridge political divides. The Commons in Conversation is a series of exclusive, one-on-one conversations with national and local leaders working to strengthen a fractured America. Chronicle editors and writers will host individuals from across the country in casual lunchtime discussions about what it will take to bring Americans together. Guests will talk about ideas and promising solutions and how the philanthropic world — from major philanthropists to everyday nonprofit leaders — can contribute. Join us for this exclusive live event on Wednesday, September 18 at 12:30 PM ET to learn from our expert guests. [Register now.]( JOB OPPORTUNITIES Find your next nonprofit role in The Chronicle Career Center: [Search all job openings →]( Hiring? 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