Share On Social A national coalition of donors catalyzes local news and information for stronger communities. A coalition of 22 donors today announced Press Forward, a national initiative to strengthen communities and democracy by supporting local news and information with an infusion of more than a half-billion dollars over the next five years. Press Forward will enhance local journalism …
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Cathy Bessant named new for Foundation for the Carolinas CEO
After 40 years at Bank of America, Cathy Bessant will succeed Michael Marsicano as the president and CEO of the Foundation for the Carolinas. Deborah Triplett The Foundation for the Carolinas — the Charlotte-based nonprofit organization with more than $4 billion in assets — will enter its fourth generation of leadership in 2024. Veteran Bank of America executive Cathy Bessant …
Read More »Knight, other foundations join $500 million local news initiative
Miami is often center stage for critical issues in the country: Climate change. Immigration. The economy. Now, local foundations are taking the lead in building the future of local news. The John S. and James L. Knight Foundation, based in Miami, is joining more than a dozen philanthropic donors in a more than $500 million five-year initiative, Press Forward, to …
Read More »How Two Foundations Plan To Boost The Number of Latino And Latina VCs
Individuals of Latin American heritage are one of the fastest growing populations in the United States, while also comprising one of the most successful entrepreneurial communities in North America. Nonetheless, Latino/a individuals make up less than 5% of U.S.-based venture capital investment partners. A new philanthropic initiative aims to change that. According to a study published by the Stanford Graduate …
Read More »Streamlined Succession: Optimizing Foundation Executive Transitions
Streamlined Succession: Optimizing Foundation Executive Transitions getty Executive transitions are inevitable in the lifecycle of any organization. However, they need not be a source of anxiety or disruption. With thoughtful planning and the right stakeholders, foundations can craft a streamlined executive transition and succession plan that not only ensures a seamless leadership shift but also strengthens the organization and amplifies …
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