Home
Focus Areas
About Us
Outdoors outfitter Patagonia is giving away all its money to fight climate change, the Los Angeles Times reports.
The company's owner, Yvon Chouinard, announced Wednesday that he and his family are giving up their 98% stake in the company and transferring it to an environmental nonprofit called the Holdfast Collective.
The remaining 98% of the company will be given to the Patagonia Purpose Trust, which will "protect the company's values," Chouinard said in a statement.
The company will continue to be a for-profit entity in California, but every year, Chouinard says, money from the company's profits will be invested in the company and the rest will go to the Holdfast Collective to fight climate change.
According to the Ventura County Star, Patagonia's first environmental grant was to save the waves at the mouth of the Ventura River in the 1970s.
"From the top down, they're all in on protecting the planet but also protecting Ventura," says a local activist.
"We all looked at that as a really positive move by them and wish that other companies would follow suit." Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"The New Venture Competition provides a rigorous platform through which students develop their business ideas as a positive force for change," says Elise Bates, the new director of Harvard Business...more
Foundation: Community Foundation of Broward
Ten nonprofit organizations in South Florida are getting a total of $300,000 in grants thanks to a new fund meant to fight discrimination in the LGBTQ community. The Our Fund Foundation and the...more
The superintendent of a Georgia school district is stepping down after less than two years on the job. Dalton Public Schools Superintendent Tim Scott, who began in the position in 2018, will take...more
"It's more than just food and water and shelter, we now know that as a society, we now know that as a society." That's what an Alaska school board member has to say about a bill that would...more
If you're looking for a getaway from the city that never sleeps, India's Goa is the place for you. But if you're looking for a getaway from the city that never sleeps, Goa is the place for...more
"People used to go swimming in it, and then how grateful [they] are for the work that we're doing in conjunction with the government and other organizations," Mike Smith tells This Week in...more
Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more
Central Community College in Grand Island, Neb., is getting a major boost in its criminal justice program thanks to a $750,000 donation from Hornady Manufacturing. The money will go to the...more
It's not every day that a group of senior citizens wins a big prize, but that's exactly what happened to seniors in Kingsford, ND, last week. The Dickinson Area Community Foundation's Golden K...more
Foundation: Bloomberg Philanthropies
A small Canadian town is getting $50,000 to help its youth fight climate change, the CBC reports. "We are super excited about this, because we are one out of 100 municipalities in the world that...more
Social Entrepreneurship
Spotlight
A Bar That Saves Children’s Lives
Ryan Devlin, Todd Grinnell and Ravi Patel have traveled to Africa on a humanitarian trip a few years back, encountering children suffering from severe malnutrition get healthy through Plumpy’Nut®.
