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"Some problems cannot be solved by grants of the size that foundations typically provide," John Palfrey, president of the Chicago-based MacArthur Foundation, says in a press release.
"By funding at a level far above what is typical in philanthropy, 100&Change addresses problems and supports solutions that are radically different in scale, scope, and complexity."
The foundation is now accepting applications for its third round of the $100 million competition, which is open to organizations and collaborations working in any field, anywhere in the world.
"We wanted to hear how they would solve a critical problem of our time," Palfrey says.
"As we begin this third round of the competition, we are excited to see where the next group of applicants will lead us and how they will bring about change in a lasting and meaningful way."
In the first two rounds of the competition, the foundation awarded $100 million each to Sesame Workshop and the International Rescue Committee to help educate Syrian children displaced by war.
Previous winners have included the Ahlan Simsim program, which reaches 27 million children in the Middle East and North Africa, the press release says.
In the second round, $100 million was awarded to Community Solutions to end homelessness in 75 US communities in five years.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"The burden of derisking software purchase decisions remains unacceptably and unsustainably high for end users," Jennifer Goldsack, CEO of DiMe, tells Healthcare IT News. That's why DiMe is...more
Milwaukee Bucks star Giannis Antetokounmpo has donated $1 million to help minorities in the city get by, the Milwaukee Journal Sentinel reports. The NBA player and his foundation, the Charles...more
"We're replacing time-consuming spreadsheets, calculations, and back and forth across people and teams with GiveSmart and MIP, the automation of data and transactions frees us up and is going to...more
"In rural Minnesota and Wisconsin, small businesses are the lifeblood of the local economy providing jobs, supporting families, and contributing to the vitality of our communities. Many of these...more
The US Bureau of Land Management is planning another round of wild horse and burro roundups in California, Nevada, and Utah, in an effort to remove thousands of animals from public land. Critics...more
"Nonprofit news is the very hot thing right now," says Stacy Palmer, chief executive of the Chronicle of Philanthropy. "Lots of foundations are coming together to save local news." In fact,...more
If you're looking for a place to live in Perth, Australia, OneFive Hamilton Hill is the one for you. That's because it's one of the most water- and energy-efficient residential developments in...more
The UN has set aside $75 million to help fight hunger in some of the world's poorest countries. The money will be doled out through a new program called the Business Investment Fund for...more
Good news for those worried about the planet's water supply: There's a new way to invest in it. Fidelity has launched the Fidelity Funds 2 Blue Transition Bond Fund, which the company says is the...more
Climate change isn't just a global problem, it's a local one that's affecting everything from air quality to rainfall in Australia. So the country's Murray-Darling Basin Water Fund is turning to...more
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Social Entrepreneurship
Spotlight
New Age of Philanthropy: #GivingTuesday
A part of a series produced by The Huffington Post in celebration of #GivingTuesday, which will take place this year on December 3, Kathy Calvin and Henry Timms vouch that we are living in a new era of philanthropy.
