Here are notable new grant awards compiled by the Chronicle:
First Horizon Corporation
$50 million commitment to the First Horizon Foundation, which makes grants to nonprofit groups in the southeastern United States focused on health and human services; financial literacy; economic development; affordable housing; small businesses; disaster recovery; and diversity, equity, and inclusion efforts.
The commitment comes as part of a $200 million cash payment from TD Bank to terminate a previously announced merger between the two banks.
Ballmer Group
$42.5 million for a five-year project to bolster the organizational strength of nonprofit groups with Black leaders.
The project aims to help drive more gifts and grants to early- and midstage organizations that advance economic mobility in Black communities. Echoing Green and New Profit will provide additional advisory services to the grantees.
Read more about the funding-equity project in the Chronicle.
CoStar Group
$18 million commitment to Virginia Commonwealth University to develop the CoStar Center for Arts and Innovation. It is expected to open in 2027.
Doswell Foundation
$15 million to Texas Woman’s University to create an aviation program to recruit and train more women to fly planes and address a shortage of pilots in the airline industry.
Florence Doswell, an investor in oil and gas ventures, died in 2012 at the age of 100.
Heinz Endowments
$11.1 million to 62 grantees to support programs that strengthen children and families by addressing gaps in food security, education, housing, and environmental health.
The Heinz Endowments are a financial supporter of the Chronicle.
Arcadia
$10 million commitment to the MIT Press to endow the Arcadia Open Access Fund, which will expand the publication of open-access books and journals in the fields of science and technology, social sciences, arts, and humanities.
The pledge includes an outright grant of $5 million and a $5 million challenge to match other donors’ gifts to the program.
InnerScience Research Fund
Up to $10 million over five years to the University of California at San Diego for research on how the biological and physiological effects of meditation may limit the progression of chronic and terminal illnesses.
Valero Energy
$5 million to the Remember the Alamo Foundation to continue education and preservation programs at the museum that commemorates the Battle of the Alamo during the Texas Revolution in 1836.
CareQuest Institute for Oral Health
$2.7 million to nine nonprofit organizations to advance health equity through improved access to dentists and oral-care services in marginalized communities.
Starr Foundation
$2 million to Yale University’s Chief Executive Leadership Institute to back its Global Diplomacy Initiative.
Jack Kent Cooke Foundation
$1.7 million to Active Minds, the Steve Fund, and the Jed Foundation for their programs to support the mental health of young people.
Warner Music Group and Blavatnik Family Foundation
$1.4 million to seven organizations led by youths to advance equity and community-building efforts in racial justice, LGBTQ+ rights, reproductive justice, criminal-justice reform, and other social-justice movements in Black and marginalized communities.
This was the first round of grant making through their Social Justice Fund.
New Grant Opportunities
The Grammy Museum, with support from the Recording Academy, is accepting letters of inquiry for its annual grant program. Nonprofit organizations and individuals may apply for grants worth between $5,000 and $20,000 each to archive and preserve the music and recorded sound heritage of North America for future generations. Grants worth up to $20,000 each are also awarded to scientific research projects related to the impact of music on the human condition. Letters of inquiry are due June 2.
The Sheri and Les Biller Family Foundation will award grants through its annual Social Impact Theatre grant program, which gives cash awards to nonprofit theater organizations in Alaska, Arizona, California, Colorado, Oregon, and Washington that are planning performances relevant to current social issues. Eligible arts groups must have been active for at least two years and have had annual revenue of $1 million or more during that time. The award may be used to cover artistic, production, or overhead expenses for one production occurring between September 1, 2023, and August 31, 2024. Initial proposals are due June 2; full applications are due July 12.
Send grant announcements to grants.editor@philanthropy.com.
Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.
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