Two years later, foundations face bond issuance in pandemic – US News & World Report | CialisWay

By THALIA BEATY, Associated Press NEW YORK (AP) — When the Ford Foundation took the unprecedented step of paying off $1 billion in debt in June 2020, Two years later, all foundations stand by their decision to take on long-term debt, allowing some to essentially double the size of their grants. But they also warn … Read more

Homegrown Foundation leader builds bridges, trusts in Flint – US News & World Report | CialisWay

By EDEN STIFFMAN of The Chronicle of Philanthropy FLINT, Mich. (AP) – Isaiah Oliver carefully parks his car in the crumbling lot of the Greater Holy Temple Church in North Flint. The parking lot at the church was for parishioners coming to church, not 18-wheelers carrying pallets of bottled water. But as the city grapples … Read more

‘I didn’t really learn anything’: COVID grads face college – US News & World Report | CialisWay

By Collin Binkley, AP Education Writer Angel Hope looked at the math test and felt lost. He had just graduated from high school at the top of his class and had won scholarships from prestigious colleges. But on this test — a University of Wisconsin exam that measures what new students have learned in high … Read more

Nonprofits launch $100M plan to support local health workers – US News & World Report | CialisWay

By THALIA BEATY, Associated Press A new philanthropic project hopes to invest $100 million in 10 countries, mostly in Africa, by 2030 to support 200,000 community health workers who serve as a crucial bridge to treating those with limited access to healthcare. The Skoll Foundation and the Johnson & Johnson Foundation announced Monday that they … Read more

Strong US hiring rate likely to ease as recession fears mount – US News & World Report | CialisWay

By PAUL WISEMAN, AP business writer WASHINGTON (AP) – The US job market has defied raging inflation, rising interest rates and growing fears of a recession. Month after month, US employers hired hundreds of thousands of workers, often exceeding forecasts. But now economists fear signs of weakness are emerging in recruitment, threatening one of the … Read more

Dolly Parton among Carnegie Medal of Philanthropy winners – US News & World Report | CialisWay

By GLENN GAMBOA, AP Business Writer NEW YORK (AP) – Country music superstar Dolly Parton, who made a large donation to fund coronavirus vaccine research in 2020, is among this year’s recipients of the Carnegie Medal of Philanthropy. Also honored are Dallas entrepreneur Lyda Hill, Kenyan industrialist Manu Chandaria, and Lynn and Stacy Schusterman of … Read more