The Giving Pledge

The William, Jeff & Jennifer Gross Family Foundation Donates More Than $18 Million to Non-Profits in 2023

Retrieved on: 
Tuesday, January 9, 2024
The Giving Pledge, Homelessness, Research, Employment, Collection, Hunger, Housing, PIMCO, Environment, Sale, Tiger, Health, Médecins Sans Frontières, Organization, Organic, Education

The $465 million-asset Gross Family Foundation – among the largest private foundations in Orange County -- continued its support of five general categories of organizations that directly impact the people and communities in which they serve, whether locally in California, or globally in developing nations: healthcare; education and the arts; global development and humanitarian relief; the environment; and community support.

Key Points: 
  • "Jennifer, Jeff and I are pleased to continue our tradition of giving to organizations that provide immeasurable benefits to the communities they serve," said Mr.
  • Gross, a philanthropist, author and the co-founder of Newport Beach-based, fixed income asset manager PIMCO.
  • Gross established the PIMCO Foundation, which has since expanded to three global PIMCO Foundations that have granted more than $49 million to support nonprofit organizations worldwide.
  • The following non-profits received donations of more than $1 million from the William, Jeff & Jennifer Gross Family Foundation in 2023:

Philanthropist MacKenzie Scott Donates $5M to Support Maui Recovery in the Wake of the August Wildfires

Retrieved on: 
Wednesday, December 6, 2023
Philanthropy, Environment, Natural Disasters, Other Philanthropy, Fund Raising, Foundation, MacKenzie Scott, Wildfire, Organization, The Giving Pledge, Food, History, Community foundation, Multimedia, Dropbox, Death, HCF, COVID-19, Housing, Health, Pharmaceutical industry

The Hawai‘i Community Foundation (HCF) today announced it has received a $5 million gift from philanthropist MacKenzie Scott.

Key Points: 
  • The Hawai‘i Community Foundation (HCF) today announced it has received a $5 million gift from philanthropist MacKenzie Scott.
  • View the full release here: https://www.businesswire.com/news/home/20231206437348/en/
    The historic, seaside town of Lahaina, Maui, is now almost all completely destroyed in the wake of the August wildfires.
  • (Photo: Business Wire)
    The Maui Strong Fund is devoted to the immediate and long-term recovery needs for the people and places affected by the devastating Maui wildfires.
  • For photos and b-roll of Maui, the burn areas, and Maui Strong Fund grantees, visit this Dropbox folder .

Cara Collective Announces $8M Gift from MacKenzie Scott

Retrieved on: 
Tuesday, October 24, 2023
History, Workforce, Organization, MacKenzie Scott, Poverty, Humble Bundle, The Giving Pledge, Management, Pharmaceutical industry

CHICAGO, Oct. 24, 2023 /PRNewswire/ -- Cara Collective, an industry leader in workforce development and poverty alleviation, has announced a historic $8M investment from noted philanthropist MacKenzie Scott. This gift is the largest donation in Cara Collective's 30+ year history and will help the organization, in part, dramatically increase its reach and impact, while creating long-term financial sustainability for the next 30 years and beyond.

Key Points: 
  • CHICAGO, Oct. 24, 2023 /PRNewswire/ -- Cara Collective, an industry leader in workforce development and poverty alleviation, has announced a historic $8M investment from noted philanthropist MacKenzie Scott.
  • "We are humbled and grateful that Ms. Scott has chosen to recognize Cara Collective with this monumental gift," said Kathleen St. Louis Caliento, President & CEO of Cara Collective.
  • This gift is the launch pad that will allow Cara Collective to accelerate to the next chapter of our organization so we can reach thousands more in Chicago and uplift untapped talent nationally," added Caliento.
  • Cara Collective was selected through Ms. Scott's charitable organization, Yield Giving, and its Quiet Research process, which independently identifies and evaluates organizations through careful analysis of criteria.

Eco Wave Power's Founder & CEO Inna Braverman Receives the Mother Earth Award from Activist Philanthropist Melanie Lundquist

Retrieved on: 
Friday, October 13, 2023
Jaffa Port, Climate change, Chronicle, Eye, Los, TEL, Port, The Chronicle of Philanthropy, EWP, Terror, Education, Environment, Nightmare, The Giving Pledge, Renewable energy, Green

The award was presented to activist philanthropist Dr. Melanie Lundquist, who symbolically turned the award over to Braverman as a testament to her leadership in the next generation of climate innovators.

Key Points: 
  • The award was presented to activist philanthropist Dr. Melanie Lundquist, who symbolically turned the award over to Braverman as a testament to her leadership in the next generation of climate innovators.
  • "With an eye on inspiring our future – our young people, I am turning this award over to an inspiring young woman, Inna Braverman," said Lundquist.
  • "She is showing the world that the ocean economy can create jobs and help save the planet.
  • In the coming months, Eco Wave Power will install its first-ever US pilot station at AltaSea at the Port of Los Angeles.

Eco Wave Power's Founder & CEO Inna Braverman Receives the Mother Earth Award from Activist Philanthropist Melanie Lundquist

Retrieved on: 
Friday, October 13, 2023
Jaffa Port, Climate change, Chronicle, Eye, Los, TEL, Port, The Chronicle of Philanthropy, EWP, Terror, Education, Environment, Nightmare, The Giving Pledge, Renewable energy, Green

The award was presented to activist philanthropist Dr. Melanie Lundquist, who symbolically turned the award over to Braverman as a testament to her leadership in the next generation of climate innovators.

Key Points: 
  • The award was presented to activist philanthropist Dr. Melanie Lundquist, who symbolically turned the award over to Braverman as a testament to her leadership in the next generation of climate innovators.
  • "With an eye on inspiring our future – our young people, I am turning this award over to an inspiring young woman, Inna Braverman," said Lundquist.
  • "She is showing the world that the ocean economy can create jobs and help save the planet.
  • In the coming months, Eco Wave Power will install its first-ever US pilot station at AltaSea at the Port of Los Angeles.

Jewish Future Pledge Hits Landmark 25,000 Pledges Securing Over $2.4 Billion in Commitments for Jewish Causes and the State of Israel

Retrieved on: 
Tuesday, October 3, 2023
Family, Research, Charles, Foundation (nonprofit), JFP, Love, The Giving Pledge, Marcus Foundation, Jews

ATLANTA, Oct. 3, 2023 /PRNewswire/ -- Today marked a major milestone demonstrating a powerful wave of commitment to Jewish values, traditions, and the State of Israel. The Jewish Future Pledge (JFP) has garnered to date, 25,000 pledges. The pledges, made by an alliance of philanthropic family foundations, individuals, and families, represent an extraordinary commitment of just over $2.4 billion that has been set aside to help ensure a vibrant Jewish future for generations to come.

Key Points: 
  • The Jewish Future Pledge (JFP) has garnered to date, 25,000 pledges.
  • When these pledges are included, the funds set aside for Jewish causes, or the State of Israel to date increases to $2.446 billion.
  • On average, these foundations have pledged to designate 30-40% of their assets to support Jewish causes of the State of Israel.
  • Their impact ripples beyond the individual, creating a powerful wave of collective action that transcends borders and generations, shaping an enduring Jewish future," said Hadara Ishak, President, Jewish Future Pledge.

LA High School Student Seeks Social Media Votes for $250,000 College Scholarship

Retrieved on: 
Thursday, September 7, 2023
Notre Dame High School, The Giving Pledge, Heart, Love, Communication, Problem solving, Culture, Curriculum, NDA, Woman, Science, Student, Chemistry, STEM, Catholic Church, Character, Video game, Nursing, School

LOS ANGELES, Sept. 7, 2023 /PRNewswire/ -- Notre Dame Academy student Noelle Nelson '24 is a semifinalist in a worldwide competition to receive a $250,000 college scholarship.

Key Points: 
  • LOS ANGELES, Sept. 7, 2023 /PRNewswire/ -- Notre Dame Academy student Noelle Nelson '24 is a semifinalist in a worldwide competition to receive a $250,000 college scholarship.
  • The Breakthrough Junior Challenge Scholarship semifinalist who receives the most likes on Facebook and YouTube from September 5-20, automatically advances to the finals.
  • "Winning this scholarship would be very impactful for pursuing a medical career as a pediatrician, which is my ultimate goal.
  • "This is an incredible opportunity for a talented student like Noelle who has a bright future in science," shares Ms. Lilliam Paetzold, Head of School.

Andrew and Nicola Forrest donate one-fifth of Fortescue shareholding to philanthropy

Retrieved on: 
Tuesday, June 20, 2023
Government, Fortescue, Climate change, Environment, Family, Face, Child, The Giving Pledge, Pharmaceutical industry, Renewable energy, Creative industries, Nursing

PERTH, Australia, June 20, 2023 /PRNewswire/ -- Andrew and Nicola Forrest have given nearly A$5 billion more to their philanthropic foundation Minderoo, through a donation of 220 million Fortescue shares - one fifth of their shareholding.

Key Points: 
  • PERTH, Australia, June 20, 2023 /PRNewswire/ -- Andrew and Nicola Forrest have given nearly A$5 billion more to their philanthropic foundation Minderoo, through a donation of 220 million Fortescue shares - one fifth of their shareholding.
  • This brings the Foundation's endowment to about A$7.6 billion and enables the substantial investment to be deployed for greater public benefit.
  • It continues the Forrests' pledge to donate their material wealth – creating lasting change and the greatest possible good.
  • Nicola Forrest AO said the latest donation will directly result in real change for Minderoo's beneficiaries.

Andrew and Nicola Forrest donate one-fifth of Fortescue shareholding to philanthropy

Retrieved on: 
Tuesday, June 20, 2023
Government, Fortescue, Climate change, Environment, Family, Face, Child, The Giving Pledge, Pharmaceutical industry, Renewable energy, Creative industries, Nursing

PERTH, Australia, June 20, 2023 /PRNewswire/ -- Andrew and Nicola Forrest have given nearly A$5 billion more to their philanthropic foundation Minderoo, through a donation of 220 million Fortescue shares - one fifth of their shareholding.

Key Points: 
  • PERTH, Australia, June 20, 2023 /PRNewswire/ -- Andrew and Nicola Forrest have given nearly A$5 billion more to their philanthropic foundation Minderoo, through a donation of 220 million Fortescue shares - one fifth of their shareholding.
  • This brings the Foundation's endowment to about A$7.6 billion and enables the substantial investment to be deployed for greater public benefit.
  • It continues the Forrests' pledge to donate their material wealth – creating lasting change and the greatest possible good.
  • Nicola Forrest AO said the latest donation will directly result in real change for Minderoo's beneficiaries.

The William, Jeff & Jennifer Gross Family Foundation Donates Record $22.7 Million to Non-Profits in 2022

Retrieved on: 
Tuesday, January 17, 2023
PIMCO, Education, Environmental Media Association, Emergency shelter, The Giving Pledge, Environment, William Gross, Organization, Health, Patient, Wills, Mercy Ships, Human, Jesus, Pharmaceutical industry, Hospital, COVID-19

LAGUNA BEACH, Calif., Jan. 17, 2023 /PRNewswire/ -- The William, Jeff & Jennifer Gross Family Foundation, the charity founded by renowned investor and philanthropist Bill Gross and his son and daughter, announced that it donated a total of $22,725,000 to 58 local and global non-profits in 2022, the most ever donated in a single year by a Bill Gross foundation. Recipients included Mercy Ships, Doctors Without Borders, African Women Rising, Atrium Health Sanger Heart & Vascular Institute, and several other Orange County, national and international recipients.

Key Points: 
  • "Jennifer, Jeff and I are pleased to donate to organizations helping people during these extraordinarily challenging times," said Mr.
  • Gross established the PIMCO Foundation, which has since expanded to three global PIMCO Foundations that have granted more than $49 million to support nonprofit organizations worldwide.
  • Overseen by executives of the $1.74 trillion-asset PIMCO, the PIMCO Foundation has assets of $123.8 million, compared to more than $450 million in the Gross Family Foundation, which has annually donated $17 million to more than $22 million since its founding in 2018.
  • The following non-profits received donations of more than $1 million from the William, Jeff & Jennifer Gross Family Foundation in 2022:
    Other recipients of donations included: