PulseAugur
EN
LIVE 17:37:19

Marguerite Casey Foundation pledges $500M to nonprofits

The Marguerite Casey Foundation has committed to donating at least $500 million by 2036, significantly increasing its annual grantmaking. This move aims to provide more urgent support to nonprofits, which the foundation believes are suffering under current political policies. The foundation plans to draw from its endowment to achieve this, demonstrating that increased giving does not necessarily jeopardize its long-term existence. AI

RANK_REASON A major philanthropic foundation announced a significant increase in its grantmaking over a decade. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Marguerite Casey Foundation pledges $500M to nonprofits

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · The Associated Press, James Pollard ·

    Marguerite Casey Foundation to donate half a billion by 2036 to help rescue “suffering” nonprofits under Trump

    The foundation previously dipped into its endowment to give $130M during Trump's federal cuts in 2025.