Three married couples also signed the letter together, as well as one person who remained anonymous. That ethos contributed to Katalys decision to spend out rather than set itself up for perpetuity. 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. Crucially, Agbo notes, Katalys program directors come out of direct lived and movement-building experience, which helps them build trust. Facebook co-founder Dustin Moskovitz and his wife Cari Tuna have pledged to give away their entire fortune during their lifetime. Kataly has gathered a team of nine environmental and social justice leaders to help develop a program that centers communities disproportionately affected by pollution, disinvestment, health effects and over-reliance on the petrochemical industry. Regan Pritzker The daughter of Nicholas and Susan Pritzker, Regan is following in her parents' footsteps via the Kataly Foundation, founded in 2018 to fund social justice and racial equity work in communities most impacted by injustice. Through the Hull Family Foundation, he supports causes like reproductive rights and drug policy reform. Contact NCFP for support! Its fortune arose in the 20th centuryparticularly through the founding and expansion of the Hyatt hotel . Qualifying donors nominated nonprofits, and the Rishers selected grantees at random from a vast array of organizations, including the Alzheimers Association, the Chinese Progressive Association, Earthjustice and the Equal Justice Initiative. She isthe daughter of philanthropist Agnes Gund. 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. A mathematician and early employee at Google, desJardins gives through the Desjardins-Blachman Foundation along with his wife. Dorseys role at the helm of Twitter earns him frequent mention in the news. Theyre lessening reporting burdens on grantees and establishing more trusting relationships with the communities they want to help. David, after leaving Microsoft and later Amazon, founded Worldreader, an organization that has distributed over 67 million digital books to more than 18 million children and young adults since its founding in 2010. For additional perspective on how the Kataly team sees donor organizing from the perspective of a philanthropy professional, check out this reflection by Jocelyn Wong, director of capacity building and analyst with the Restorative Economies Fund at Kataly. . Sagner heads the Sagner Family Foundation, which supports progressive advocacy and movement groups, both nationally and in its home region of New York. 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. The New York Citybased nonprofit mentors the students, leading most of them to major in computer science in college and ultimately to land jobs at blue-chip companies such as Microsoft, Facebook, JPMorgan Chase and Google. I would love to see Kataly set a tone that its OK and necessary for philanthropy to resource at a big scale these projects that are holding the vision of a transformed society that is regenerative and sustainable, she said. It also led the team to adopt an integrated capital approach that embraces impact investments and a values-aligned portfolio alongside multi-year general support grants. Beneficiaries include environmental policy organizations. Advocacy money flows through NextGen America (formerly NextGen Climate). The British investor and asset manager funds environmental advocacy groupsmost of them big-namethrough his Grantham Foundation for the Protection of the Environment. Facebooks failings have tarnished Zuckerbergs reputation for many. The language around systemic racism has been really empowering, she says. But the amount of money available to donors is only one part of the story. He has long been a vocal Democrat and progressive, and backed Bernie Sanders 2016 presidential bid. Keep reading to learn more about the 18 known people who asked for a wealth tax, listed in alphabetical order. Rosenstein also helped develop Google Drive, GChat and Facebook pages, according to his LinkedIn profile. The result has been Kataly, a foundation separate from Libra thats out to push boundaries and critique the philanthropic status quo. In terms of process and ideology, Libras grantmaking is already pretty progressive. Simmons, now 35, is also a cofounder and principal of Blue Haven Initiative. He attended Reed College, Lake Forest College and the London School of Film. Like her father Blair Hull, Megan Hull is a Democratic donor who also helps lead the Hull Family Foundation in its progressive grantmaking. Taylor is one of three liberal billionaires who founded the Wellspring Philanthropic Fund, a key funder of voter engagement initiatives, progressive think tanks and movement organizations. Keep up with trends in family philanthropy. Through investments in the techno-medical complex, where new highly medicalized sex identities are being conjured, Pritzkers and other elite donors are attempting to normalize the idea that human reproductive sex exists on a spectrum, writes Jennifer Bilek. NCFPs Trustee Education Institute provides a comprehensive overview of the important legal, investment, ethical, grantmaking, and family dynamics issues facing family foundation board members and CEOs. Shes a frequent Democratic donor and backs environmental groups like Earthjustice. The need for generational movement funding was one reason Kataly and a group of other fundersincluding some big newcomer donors to this workjoined the Libra Foundation last year to set up the Democracy Frontlines Fund. from the University of Chicago. Fundamentals of Family Philanthropy Webinar Series. Hes a prominent supporter of LGBTQ causes as well as a major Democratic donor. She may be related to some of the most prominent figures in conservative philanthropy, but this Wisconsin-based heiress has charted a different course with donations to progressive women'srights groups and Democratic political contributions. Barbara Picower founded the JPB Foundation with a fortune her late husband acquired, partially as the largest beneficiary of the Madoff investment scandal. The goal is to spend down (or spend out, as Pritzker prefers to say) within roughly 10 years or so. Scotts divorce from Jeff Bezos secured her a fortune in Amazon stock that placed her among the worlds very richest. JB has an impressive education The Pritzkers spared no expense when it came to the education of their children. Scott has now fully emerged as one of the nonprofit lefts most deep-pocketed allies. Theres this whole wait for a rainy day mentality, she says. (The couple were no strangers to tragedy: Their 24-year-old daughter had. Do Not Sell or Share My Personal Information. An heiress to the Pritzker family fortune, Simmons has a net worth of approximately $600 million, according to a 2013 Forbes article. What kinds of groups benefit, and which communities and systems are empowered, is arguably the more important conversation. This early tech entrepreneur gives in a variety of areas, including progressive policy, education, libraries, and arts. regan pritzker parents. Agbo noted that theres a link to be made between those questions and the democratic process itself. As with all of Katalys program areas, restorative economics centers racial justice, supporting grantees focused on the financial empowerment of BIPOC communities. The son of Renaissance Technologies co-founder James Simons, Nat Simons moves money through the Sea Change Foundation. Following husband Steve Jobs death, Laurene Powell Jobs has pursued interests in education, immigration and the environment via the Emerson Collective. In 2018, Forbes reported that Rosenstein is worth $150 million from his shares in Facebook. Heres a look at how this new activist foundation came to be and where its going. Eldridge was born in Canada and is married to Facebook cofounder Chris Hughes, who also signed the letter. Philanthropists are starting to reflect on how we might provide guardrails to be more resilient and hopefully to prevent additional crisesto the extent possiblefrom happening.. After working as a journalist at The Wall Street Journal for five years, Lewis attended her first tech conference in 2011 and noted the industrys dynamism. We fund BIPOC-led movements working at the grassroots to build power in communities, support democratic rights, and to center those . The third of Katalys primary program areas is Mindfulness and Healing Justice, where Pritzkers husband Chris Olin has focused his efforts. Soros, 34, is the son of billionaire financier and philanthropist George Soros, who also signed the letter. CHICAGO (AP) Illinois' governor signed legislation Friday to repeal a requirement that parents or guardians be notified when a minor is seeking an abortion, calling it an effort to safeguard. According to a grantee breakdown on Katalys website, the Restorative Economies Fund has carried out the highest dollar amount of grantmaking so far, with Agbo managing that work herself. Bilek cites as an example the 2018 effort by the Pritzker-funded Ronald Reagan Medical Center at UCLA to coin the term gender-affirming care while offering medical procedures for young females who want to have their reproductive organs removed. You can use the tool below to search Inside Philanthropy's research guides for the individualson this list and other funders. While Jenifer Pritzker doles out money, J.B. Pritzker is changing policy in Illinois to support the familys agenda, Bilek writes. An early tech winner with Quark, Gill went on to become one of the top LBGTQ philanthropists of recent times and is still going strong with the Gill Foundation. Part of our work is to support our own just transition, Pritzker said. 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. Moriah is a policy-oriented grantmaker with a number of program areas, including human rights, reproductive health, economic justice and Israel. Some of the richest people in the United States support progressive causes and the number of such donors has grown in recent years amid a vast influx of wealth into philanthropy. View Regan Pritzker's professional profile on LinkedIn. These innovations come as charitable giving in the US is rising, with American individuals, bequests, corporations and foundations contributing $471.44 billion in 2020, up nearly 4 percent from 2019 when adjusted for inflation, according to statistics from the Giving USA Foundation. Blue Tent members can receive a25%discounton this subscription by using the codeBLUETENT. Comprising a network of over 25 community-rooted loan funds, Seed Commons channels resources in a way marginalized communities will be able to control, sidestepping the usual top-down governance of traditional financeand philanthropic grantmaking. In isolation, a cooperative enterprise or community-governed loan fund can only do so much. Its current priorities include organizing around redistricting and the Census. Annual IP membership required. 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. He has a masters degree from UC Berkeley and serves on the board of the university's Goldman School of Public Policy. Compared to its restorative economies funding, Katalys environmental justice grants are smaller but more numerous, most coming in at either $45,000 or $150,000. The son of New York investor Joseph P. Mailman, Joshua Mailman is a longtime impact investor who gives through the Joshua Mailman Foundation.
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