Lucy Bernholz - Philanthropy2173 (Page 45)

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Lucy Bernholz

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When nonprofits provide risk capital

This story in DealBook highlights the role that charitable endowments can play as risk-taking investors. The Cystic Fibrosis Foundation has invested $22 mm in new drug research led by commercial outfit FoldRx. The CF Foundation is particularly fond of these approaches, notes the Boston Globe: "In 2007 alone, the

Prize winners...and more prizes

Here's some more news from the prize front. First, the winners: The Robert Wood Johnson Foundation announced the finalists for the 2007 Games for Health Competition. The winners are: The finalists in the 2007 Games for Health Competition (Open Competition): "Open Prototype: Neuromatrix, submitted by Morphonix of

Live and (not) in person...

I am moderating a panel of funders* at the third annual Second Life Community Convention, which starts on Saturday in Chicago. On Saturday, however, I will be home eating Dim Sum in San Francisco, having finished a week long trip to New York, Boston, and San Antonio. Odd. You can

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Inside community foundations

My opinion piece in Sunday's San Francisco Chronicle stirred a few pots. I've heard from philanthropists and foundation leaders from around the world. Lots of people emailed me directly. Some folks posted comments on the newspaper's website, such as this one from Nebraska: "