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Pay-for-Performance Social Investing

In 2010, a new method of solving social problems was proposed in Britain. It called for putting up philanthropic or private investment funds to create programs that could head off Read more…

Speeding Safe Shale-gas Production

In 2012, two major philanthropists—oil-and-gas pioneer George Mitchell and Wall Street entrepreneur Michael Bloomberg—announced a joint effort by their foundations to encourage safe and efficient production of natural gas via Read more…

Mapping Killer Asteroids

The B612 Foundation was founded by an ex-NASA astronaut to study ways of deflecting or destroying asteroids with the potential to be dangerous if they strike Earth. Eventually, the nonprofit Read more…

Venture For America

“Smart people should be building things,” says Andrew Yang. He believes far too many graduates of top colleges currently follow the crowd into finance and law and consulting, and that Read more…

Science Prizes and Research Institutes

Fred Kavli intimately understood how scientific understanding could create economic bounty—he had earned hundreds of millions of dollars applying his knowledge of physics to make precision sensors for manufacturers. So Read more…

Strengthening Character Through Sports

David Weekley was involved in character-building activities as a youth through Boy Scouts and church groups. After his success as a major home builder he decided to devote 50 percent Read more…

Helping People Who Are Ready to Change

Real-estate developer Bill Butler, who describes philanthropy as “central to my purpose in life,” spearheaded establishment of the Life Learning Center in 2006. It has gone on to become one Read more…

Wharton School and Economic Education

Writing to the trustees of the University of Pennsylvania, Philadelphia metals manufacturer Joseph Wharton expressed disillusionment with the state of higher education. Citing his own experience in having to learn Read more…

Bringing Teacher Education to the University

Amid massive changes in Americans’ educational needs in the late nineteenth century, the teaching profession came under scrutiny. Skilled educators were in short supply, and many observers were questioning how Read more…

Johns Hopkins University

American colleges had undergone much growth and change by 1876, but that year might be thought of as the U.S. inauguration of the German university model—featuring academic independence, a high Read more…

Peabody’s Reconstruction Schools

After the Civil War, the American South was badly battered, and improving its economic and social prospects became a central part of repairing our national union. Religious groups were the Read more…

Matthew Vassar’s College for Women

Education philanthropy over the first century of American history was focused predominantly on young men. Then Matthew Vassar got it into his head to try something new. He resolved to Read more…

Western Colleges, Eastern Money

A surprising number of colleges were founded in the early American West, but most struggled to find a financial footing. The periodic economic panics took a toll on educational philanthropy Read more…

A College Against Slavery

Oberlin College was built on a strong opposition to slavery, and committed its intellectual resources to helping end the practice. When various financial downturns buffeted its home region in Ohio, Read more…