NYT: N.Y.C. Public Schools Will Send 8th Graders to Visit Holocaust Museum

New York City plans to send eighth-grade students from across the city on field trips to the Museum of Jewish Heritage as part of an effort to address antisemitism. The program, part of a $2.5 million public-private partnership to address antisemitism, will be seeded with $1 million from a foundation run by Jon Gray, the […]

The Philanthropy 50: an Exclusive Chronicle Ranking of Who Gives the Most to Charity

America’s biggest donors gave more than $11.9 billion in 2023. This year’s report features our analysis of the list, giving trends among megadonors, and a look at their giving to and from their foundations and donor-advised funds in 2023. The report highlights some of the country’s most interesting philanthropists, including a look at how those who will dominate big […]

She’s Going Into 6th Grade and Already Saving for College

A New York City program encourages children to save from kindergarten. Caileigh is one of nearly 3,300 rising sixth graders who were given their own college savings accounts for the 2017-18 academic year, when Caileigh entered kindergarten. Collectively, they have banked $1.26 million for college in NYC Scholarship Accounts since then. That works out to an […]

Blackstone’s Jon Gray Gives $3 Million to Fund Scholarships at HBCUs

A foundation created by Blackstone Inc. President Jon Gray and his wife Mindy is partnering with the United Negro College Fund to create scholarships for New Yorkers to attend historically Black colleges and universities. Funding will be up to $50,000 a year per student, with UNCF providing guidance on academics, securing internships and exploring career paths. The […]

Dollars and dreams for young New Yorkers

We need to convey to children: believe in yourself, and know that your community believes in you. And: we can prove it. That proof is visible all over the city this month: as more than 70,000 kindergartners receive their free NYC Scholarship Account. The accounts, via the NYC Kids RISE Save for College Program, are […]

We can level the playing field in college admissions

Money remains the biggest obstacle to college; it’s also among the easiest for wealthy New Yorkers to address. Research shows that establishing a college savings fund – even a small one – makes a huge difference in a child’s college prospects. A child with just a few hundred dollars in a college savings account is […]

More than 1,000 NYC first graders’ college savings accounts set to grow by total of $1 million

Roughly 1,200 first graders from a Brooklyn school district with the city’s highest proportion of Black students are seeing $1,000 added to their new college savings accounts, the result of donations from Bloomberg Philanthropies and a local foundation. The Save for College Program, a public-private partnership, will announce a $1 million investment Tuesday in the college […]