School districts nationwide are turning to extraordinary measures in a desperate effort to get enough teachers in their classrooms before the academic year kicks off.
Institutional philanthropy, unlike individual charity, tends to focus on influencing governments. One sign of its current importance is the Inflation Reduction Act that is set to get signed into law next week.
Why it matters: Philanthropy is trying to shape the successor to neoliberalism.
Pretty much the entire U.S. nonprofit sector is witnessing amove from individually-determined charitable donations to institutionally-determined philanthropic strategies.
Why it matters: A new report from the Institute for Policy Studies shows megaphilanthropy crowding out individual donations.
Effective altruism, or EA, has become an institutionalized arm of Big Philanthropy, complete with billionaire megadonors and six-figure incomes for a slew of Western white-collar professionals.
Why it matters: That's a big, fast change for a movement that started out about 10 years agoon a much more grassroots level, focused on things like veganism and giving away most of your earnings.
Billions of dollars formerly held by the Afghan central bank could end up turning American families into multi-millionaires.
What we did: After the U.S. withdrew from Afghanistan and allowed the Taliban to take over, the Biden Administration froze some $7 billion of central bank funds.President Biden then allowed half of that money to potentially get redirected to rich Americans — including about 150 families who stand to receive eight-figure payouts.
