{"id":4402231449368,"date":"2026-03-10T10:00:00","date_gmt":"2026-03-10T14:00:00","guid":{"rendered":"https:\/\/www.philanthropy.com\/?p=4402231449368"},"modified":"2026-03-13T16:22:15","modified_gmt":"2026-03-13T20:22:15","slug":"the-long-game","status":"publish","type":"post","link":"https:\/\/www.philanthropy.com\/news\/the-long-game\/","title":{"rendered":"The Philanthropy 50: Top Donors Reward Charities They Know Well"},"content":{"rendered":"\n<p><strong><br><\/strong>Nike co-founder Phil Knight and his wife, Penny, made headlines in 2025 when they pledged $2 billion to the Oregon Health &amp; Science University\u2019s Knight Cancer Institute to help transform the treatment experience for patients and their families. The pledge, the largest ever to a university or academic medical center, will also expand the center\u2019s clinical trials and basic research.<\/p>\n\n\n\n<p>A $500 million personal payment they made toward that pledge, plus other donations they made last year, helped to land the Knights on the <em>Chronicle\u2019<\/em>s <a href=\"https:\/\/www.philanthropy.com\/project\/the-philanthropy-50\/#id=browse_2025\" type=\"link\" id=\"https:\/\/www.philanthropy.com\/project\/the-philanthropy-50\/#id=browse_2025\">Philanthropy 50 list<\/a> of the year\u2019s biggest donors for the 12th time. Like many of the big gifts that determined this year\u2019s rankings, the Knight\u2019s pledge was long in the making. In fact, it might never have happened at all but for a perceived slight of a famous cancer researcher that led to a decades-long relationship between the Knights and the institute.<\/p>\n\n\n<div class=\"article-sidebar alignright\">\n    <div class=\"sidebar-item\">\n        <div class=\"sidebar-header\">\n            <p class=\"sidebar-header-title\">2026 Philanthropy 50<\/p>\n        <\/div>\n                  <div class=\"sidebar-image\">\n              <img loading=\"lazy\" decoding=\"async\" width=\"520\" height=\"347\" src=\"https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/LP_Promo_Art-1680x1120-1-520x347.png\" class=\"attachment-medium size-medium\" alt=\"\" srcset=\"https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/LP_Promo_Art-1680x1120-1-520x347.png 520w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/LP_Promo_Art-1680x1120-1-670x447.png 670w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/LP_Promo_Art-1680x1120-1-330x220.png 330w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/LP_Promo_Art-1680x1120-1-672x448.png 672w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/LP_Promo_Art-1680x1120-1-522x348.png 522w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/LP_Promo_Art-1680x1120-1-600x400.png 600w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/LP_Promo_Art-1680x1120-1.png 1680w\" sizes=\"auto, (max-width: 520px) 100vw, 520px\" \/>          <\/div>\n                <div class=\"sidebar-text-content\">\n            <p style=\"margin-bottom: 30px;\">America\u2019s biggest donors gave $22.4 billion in 2025. This year\u2019s report highlights some of the country\u2019s most interesting and prolific philanthropists.<\/p>\n<p><a class=\"wp-block-button__link is-style-outline\" style=\"width: 100%;\" href=\"https:\/\/www.philanthropy.com\/philanthropy-50\/\">See the full project<\/a><\/p>\n<p style=\"margin-bottom: 0;\"><a class=\"wp-block-button__link is-style-outline\" style=\"width: 100%;\" href=\"https:\/\/www.philanthropy.com\/project\/the-philanthropy-50\/\">Explore the data<\/a><\/p>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n<p>Brian Druker, who helped develop the first medication that specifically targets cancer cells, recalls reading an interview with Phil Knight in the mid-2000s in which the Nike cofounder implied that there weren\u2019t great philanthropic opportunities in Oregon. Druker, newly appointed as director of OHSU\u2019s cancer center, was miffed.<\/p>\n\n\n\n<p>Through a board member, he set up a meeting with Knight in late 2007 to change his mind. Druker laid out an ambitious expansion plan that would cost $300 million. Knight laughed \u2014 and asked how much money Druker had already raised. He laughed again when Druker conceded that Knight was his first ask.<\/p>\n\n\n\n<p>But months later \u2014 after learning that a family friend had been treated for breast cancer at the center \u2014 the Knights donated $2 million. The gifts grew exponentially from there \u2014 $100 million in 2008, a $500 million matching donation in 2013, and the $2 billion pledge in August. Phil Knight declined to comment for this story.&nbsp;<\/p>\n\n\n\n<p>\u201cI&#8217;m toward the tail end of my career, and Phil\u2019s toward the tail end of his career, and he really wanted to see something big and bold,\u201d Druker says. \u201cI think he wanted this to be a legacy for both of us.\u201d<\/p>\n\n\n\n<p>The gift helped the Knights place near the top of the <em>Chronicle\u2019<\/em>s list of the donors who gave the most last year.<\/p>\n\n\n\n<p>For the third consecutive year, Michael Bloomberg topped the <em>Chronicle\u2019<\/em>s list. He gave $4.3 billion to support arts, education, the environment, public health, and programs to improve city government. He was followed on the list by Bill Gates (No. 2, $3.7 billion), for gifts to the Gates Foundation, and Paul Allen (No. 3, $3.1 billion), who left a bequest to start a foundation focused on science and technology. Rounding out the top five are Warren Buffett (No. 4, $1.3 billion), for gifts to four family foundations, and Michael and Susan Dell (No. 5, $975 million), for gifts to their foundation and donor-advised fund.<\/p>\n\n\n\n<p>The Knights rank No. 6 ($866.2 million). In addition to the $500 million they gave to the cancer institute in 2025, the couple gave $366.2 million to their giving vehicles to support a range of causes including scientific research and efforts to bolster economic mobility.<\/p>\n\n\n\n<p>The donors on this year\u2019s list gave a total of $22.4 billion to charity in 2025. The median gift was $105 million. Roughly two-thirds of them work in finance or technology, including Buffett, who retired as CEO of Berkshire Hathaway at the end of last year. He is the oldest donor on the list, at 95.<\/p>\n\n\n<div class=\"article-sidebar alignleft\">\n    <div class=\"sidebar-item\">\n        <div class=\"sidebar-header\">\n            <p class=\"sidebar-header-title\">How to Raise Transformative Gifts<\/p>\n        <\/div>\n                <div class=\"sidebar-text-content\">\n            <p><strong>Use Gentle Persistence. <\/strong>Billionaire philanthropists Rob and Karen Hale have given increasingly large gifts to Boston Children\u2019s Hospital. In 2013, the Hales gave $5 million for a center for families. In 2018, they gave $50 million for patient and family care. In December, they gave $100 million for a new pediatric psychiatric hospital.<\/p>\n<p>\u201cWe&#8217;re in the relationship-building business,\u201d says Lynn Susman, the hospital\u2019s chief development officer. \u201cWith any donor, it&#8217;s about how to be gently persistent and how to help people find their passions. What is going to be motivating and inspiring for people?\u201d<\/p>\n<p><strong>Offer a Big Vision. <\/strong>When Sanford Health hired Bill Gassen as CEO in 2020, Denny Sanford\u2019s name had already adorned the hospital for more than a dozen years. \u201cWhat\u2019s your biggest problem?\u201d the billionaire asked in their first meeting. \u201cHow can I help?\u201d<\/p>\n<p>Gassen talked about the need for virtual care, his vision for a graduate medical-residency program, and his desire to expand into western South Dakota. All three goals have since been achieved \u2014 thanks in large part to three gifts totaling $950 million from Sanford.<\/p>\n<p>\u201cI had the opportunity to cast that vision with him,\u201d Gassen says, \u201cand we\u2019re really blessed that each one of those opportunities has come to life.\u201d<\/p>\n<p><strong>Listen. <\/strong>The biggest mistake you can make in a 30-minute donor meeting is delivering a 30-minute pitch, says Chris Addy, a partner at Bridgespan. Instead, give a five-minute presentation and leave 25 minutes for questions.<\/p>\n<p>\u201cThat\u2019s going to lead to a much richer conversation and much more trust.&#8221;<\/p>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n<p>These multimillion dollar gifts flowing from the uber-wealthy may seem unattainable to most charities. The customary beneficiaries \u2014 major research hospitals and prestigious universities, often with fundraising staffs of 200 people or more \u2014 snared a significant share of Philanthropy 50 gifts again in 2025.<\/p>\n\n\n\n<p>But lesser known charitable programs also received large gifts, including $25 million to the Mary Cariola Foundation to help people with disabilities, and $5 million to an organization that provides services for senior citizens.<\/p>\n\n\n\n<p>Donors on the Philanthropy 50 give for many of the same reasons that everyday donors do. They give to groups that seek their input, that understand their own passions, that are open to collaboration, and that can show their interventions work. Most important, they give to people and charities they have known and trusted for years, if not decades.<\/p>\n\n\n\n<p>The <em>Chronicle<\/em> found that more than two-thirds of the donors on the list \u2014 35 out of 51 \u2014 had long-term relationships, often lasting five to 10 years or more, with the charities to which they gave the most in 2025.<\/p>\n\n\n\n<p>\u201cIt\u2019s about building relationships,\u201d says Jeff Schreifels, a fundraising consultant at Veritus Group, which works with both large and small charities. \u201cIt&#8217;s being that bridge between the donor and their desire to change the world and matching that up with everything that the nonprofit does. That&#8217;s what everyone is trying to do.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-lifetime-relationship-with-a-donor-nbsp\">A Lifetime Relationship With a Donor&nbsp;<\/h2>\n\n\n\n<p>Small and medium-size charities can learn from their bigger counterparts about the patience required to migrate donors toward major gifts, says Alison Powell, a partner at Bridgespan, who leads the consulting company\u2019s philanthropy practice. Universities and hospitals enter the game with advantages \u2014 lists of alumni and patients and huge fundraising staffs \u2014 and yet the path to transformative gifts still takes years.<\/p>\n\n\n\n<p>For the smaller charities focused on social change that Bridgespan works with, the process can be even slower. Nonprofits that received a gift of $10 million or more from a donor had gotten a median of four smaller gifts before the big one came through, a Bridgespan <a href=\"https:\/\/ssir.org\/articles\/entry\/becoming_big_bettable\">study found<\/a>.<\/p>\n\n\n\n<p>\u201cIt\u2019s not going to be one call and then manna from heaven,\u201d Powell says. \u201cIt\u2019s a slow process of building a lifetime relationship.\u201d<\/p>\n\n\n\n<p>It is ever more important for fundraisers to target these big donors effectively. A 2024 <a href=\"https:\/\/www.issuelab.org\/resources\/44233\/44233.pdf\">study <\/a>from Candid, Network for Good, and GivingTuesday found that the 0.3 percent of donors who gave $50,000 or more accounted for 45 percent of all giving in a single year. At the same time, the population of very wealthy people is growing. The number of U.S. households with wealth of $30 million or more has nearly doubled in the past five years, from <a href=\"https:\/\/altrata.com\/news\/the-worlds-ultrawealthy-population-grew-1-7-in-2020-despite-pandemic\">101,000<\/a> to <a href=\"https:\/\/info.altrata.com\/l\/311771\/2025-09-26\/27cmbq\/311771\/17589096956AYjzV5Z\/Altrata_World_Ultra_Wealth_Report_2025_FINAL.pdf\">192,000<\/a>, according to Altrata, a firm that researches global wealth.<\/p>\n\n\n\n<p>\u201cEven though many nonprofit leaders are sure they don&#8217;t have any billionaires or centi-millionaires on their donor lists, there are often people with substantial wealth that they&#8217;re not aware of,\u201d says Alex Johnston, a founding partner at Building Impact Partners, a philanthropy-advising firm.<\/p>\n\n\n\n<p>Even with more of them around, critics point out that the ultrawealthy aren\u2019t particularly generous.<\/p>\n\n\n\n<p>Nineteen donors on the Philanthropy 50 also appear on the 2025 Forbes 400 list. The 19 together have a combined net worth of $1.1 trillion. Yet they gave away a combined $16.5 billion last year \u2014 only 1.5 percent of their wealth. Just 12 of the donors on the Philanthropy 50 have signed the Giving Pledge.&nbsp;<\/p>\n\n\n\n<p>Nonprofits are increasingly in competition for these donors, even if they are only giving away tiny slices of their wealth. But cultivating relationships with rich donors is not without its risks. A donor\u2019s reputation might change over time. That has been made clear from the fallout for some individuals who appear in the documents the Department of Justice released from its investigation of convicted sex offender Jeffrey Epstein. In February, Bill Gates addressed his ties to Epstein at a Gates Foundation meeting where the foundation said he \u201ctook responsibility for his actions.\u201d Gates, who appears in the documents, has not been accused of wrongdoing and denies any criminal activity.<\/p>\n\n\n\n<p>When fundraisers do approach these big donors, they need an effective strategy for building relationships.<\/p>\n\n\n\n<p>One common mistake is that fundraisers move far too quickly to the ask, says Melanie Lundquist, who, along with her husband, Richard, ranks No. 42 on the <em>Chronicle<\/em>\u2019s list, primarily for their $50 million gift to Torrance Memorial Medical Center.<\/p>\n\n\n\n<p>\u201cI personally don\u2019t believe that the nonprofit world is very good at stewarding their donors,\u201d she says.<\/p>\n\n\n\n<p>The groups that understand how to build real relationships stand to benefit.&nbsp;<\/p>\n\n\n\n<p>McPherson College is among the best, Lundquist says. The couple\u2019s relationship with the institution began by chance. Richard Lundquist is an avid collector of vintage cars, and it turns out that the person who revived some of them serves on the auto restoration program\u2019s advisory board. He knew the Lundquists would be interested in McPherson\u2019s renowned program.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"670\" height=\"447\" src=\"https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Lundquist-1-670x447.jpg\" alt=\"\" class=\"wp-image-4402231449464\" srcset=\"https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Lundquist-1-670x447.jpg 670w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Lundquist-1-520x347.jpg 520w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Lundquist-1-330x220.jpg 330w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Lundquist-1-672x448.jpg 672w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Lundquist-1-522x348.jpg 522w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Lundquist-1-600x400.jpg 600w\" sizes=\"auto, (max-width: 670px) 100vw, 670px\" \/><div class=\"Figure-credit\">McPherson College<\/div><figcaption class=\"wp-element-caption\">Michael Schneider, left, president of McPherson College, listens as Richard Lundquist, a donor and longtime supporter of the college\u2019s auto restoration program,  presents his 1972 Ferrari 365 GTB\/4 Daytona as a gift to the school in 2022.<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Michael Schneider, McPherson\u2019s president, spent hours on the phone with the Lundquists, soliciting Richard\u2019s advice about how to structure the program.<\/p>\n\n\n\n<p>\u201cAnybody who&#8217;s teaching a class on fundraising should talk about Michael Schneider and how he builds his donor pools,\u201d Melanie Lundquist says. \u201cHe pulls donors in as stakeholders.\u201d<\/p>\n\n\n\n<p>The couple\u2019s first gift to McPherson was small. For Richard\u2019s birthday in 2012, Melanie gave McPherson $5,000 to help buy tools through its Red Wrench Club. The couple followed up with a $100,000 gift later that year.<\/p>\n\n\n\n<p>In 2019, they gave the college $1 million, and in 2022, $50 million. They may not be done: Richard\u2019s 1972 Ferrari 365 GTB\/4 now hangs in McPherson\u2019s new student center.<\/p>\n\n\n\n<p>\u201cIt&#8217;s gonna be hard for Richard to stay away from McPherson, Kansas,\u201d Schneider quips.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-finding-an-authentic-connection\">Finding an Authentic Connection<\/h2>\n\n\n\n<p>Open-ended discussions with potential donors can be far more important than the kind of focused requests for support that many fundraisers are trained to aim for, says Johnston of Building Impact Partners. Talking with donors about what an extraordinary success for them would look like \u2014&nbsp;and what challenges stand in their way \u2014 provides an opening for fundraisers to talk through opportunities and hurdles for their own organization, he says. Money may start to flow from those conversations alone.<\/p>\n\n\n\n<p>\u201cWhat surprises me in many instances is neither the donor nor the leader can specifically recall an ask,\u201d Johnston says. \u201cWhat they recollect is simply a growing sense of convergence and partnership and a desire to work together.\u201d<\/p>\n\n\n\n<p>One of the best springboards to a transformative gift is when the donor and the charity\u2019s leader make an authentic connection \u2014 far removed from the lingo of fundraising.<\/p>\n\n\n\n<p>Ron Herndon has been the director of Albina Head Start, in a historically Black neighborhood in Portland, Ore., for 50 years. In 1984, he connected with Phil Knight, when Nike was looking to open its first factory store in Los Angeles.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"670\" height=\"447\" src=\"https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Herndon-670x447.jpg\" alt=\"\" class=\"wp-image-4402231449463\" srcset=\"https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Herndon-670x447.jpg 670w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Herndon-520x347.jpg 520w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Herndon-330x220.jpg 330w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Herndon-672x448.jpg 672w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Herndon-522x348.jpg 522w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Herndon-600x400.jpg 600w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/news-gose-Phil50Main-Herndon.jpg 1572w\" sizes=\"auto, (max-width: 670px) 100vw, 670px\" \/><div class=\"Figure-credit\">Jonathan Levinson \/ OPB<\/div><figcaption class=\"wp-element-caption\">Ron Herndon (left), director of Albina Head Start, connected with Nike co-founder Phil Knight (right), who, with his wife, Penny, has given the group roughly $30 million in unrestricted funds since 2020.<\/figcaption><\/figure>\n<\/div>\n\n\n<p>\u201cYou don\u2019t know anyone down there,\u201d Herndon recalls telling Knight. \u201cThose cats will steal you blind.\u201d<\/p>\n\n\n\n<p>Herndon and others persuaded Knight to start in northeast Portland instead \u2014 and donate a portion of profits to charities in the Black community.<\/p>\n\n\n\n<p>In the 1990s, Herndon encouraged Knight and Nike to donate $2.6 million to put computers in Head Start classrooms around the county, and he later prodded the company to bring in Head Start leaders for a managerial boot camp.&nbsp;<\/p>\n\n\n\n<p>Since 2020, the Knights have given Albina Head Start roughly $30 million, all of it without restrictions on how it can be spent. The charity has used the funds to pay off mortgages, renovate a building, and purchase three new structures. Herndon insists he hasn\u2019t asked for a dime.<\/p>\n\n\n\n<p>\u201cHe took the reins himself,\u201d Herndon says. \u201cI consider Phil Knight a friend. I don\u2019t go to my friends and say, \u2018When are you going to give me some more money?\u2019\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-clear-results-still-matter\">Clear Results Still Matter<\/h2>\n\n\n\n<p>Relationships matter to most donors, but for some, results and data are what underpin and drive the connection. Strategic philanthropy \u2014 with an emphasis on measurement and documentation of outcomes \u2014 has <a href=\"https:\/\/www.philanthropy.com\/opinion\/why-i-regret-pushing-strategic-philanthropy\/\">come under criticism<\/a> in the past decade, but plenty of rich people still like to invest in charities that can statistically prove they\u2019re making a difference.<\/p>\n\n\n\n<p>\u201cThere&#8217;s a group of donors that builds trust through data and rigor and understanding the impacts,\u201d says Chris Addy, a partner at Bridgespan. \u201cBeing able to deliver results for society is critical to getting these big gifts.\u201d<\/p>\n\n\n\n<p>Laura and John Arnold (No. 13 at $335 million) fit that mold. They pursue social change through Arnold Ventures, a limited-liability company that includes a foundation, a donor-advised fund, and a 501(c)(4) organization. It supports research that identifies and spreads effective strategies in the couple\u2019s focus areas, which include health, criminal justice, and higher education.<\/p>\n\n\n\n<p>Supporting working nonprofits isn\u2019t necessarily a priority \u2014 but Arnold Ventures will undertake those investments, Laura Arnold says, to demonstrate that an effective program can be replicated elsewhere and successfully scaled.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"560\" height=\"670\" src=\"https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/CUNY-ASAP-01-560x670.jpeg\" alt=\"\" class=\"wp-image-4402231450993\" srcset=\"https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/CUNY-ASAP-01-560x670.jpeg 560w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/CUNY-ASAP-01-435x520.jpeg 435w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/CUNY-ASAP-01-276x330.jpeg 276w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/CUNY-ASAP-01-670x801.jpeg 670w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/CUNY-ASAP-01-600x717.jpeg 600w, https:\/\/www.philanthropy.com\/wp-content\/uploads\/2026\/02\/CUNY-ASAP-01.jpeg 1206w\" sizes=\"auto, (max-width: 560px) 100vw, 560px\" \/><div class=\"Figure-credit\">The City University of New York<\/div><figcaption class=\"wp-element-caption\">CUNY ASAP, a program to help first-generation and low-income students succeed, has risen above similar efforts because it documents outcomes.<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Take its support of CUNY ASAP, a program to help first-generation and low-income students succeed. Its mission is hardly unique. But the program, which started in the City University of New York system in 2007, has risen above similar efforts because of its commitment to documenting its outcomes.<\/p>\n\n\n\n<p>Arnold Ventures has sponsored multiple randomized, controlled studies that find that participation in CUNY ASAP increases \u2014 and sometimes doubles \u2014 graduation rates.<\/p>\n\n\n\n<p>And with those promising findings in hand, Arnold Ventures has taken the CUNY ASAP model and run with it.<\/p>\n\n\n\n<p>Arnold Ventures has spent just $2 million supporting CUNY ASAP directly. But it\u2019s spending another $55 million to replicate the model at community colleges around the country. One of Arnold Ventures\u2019 biggest multiyear grant commitments of 2025 \u2014- $35.6 million to the North Carolina Community College System \u2014 is an effort to bring the CUNY ASAP model to an entire state.<\/p>\n\n\n\n<p>When Arnold Ventures finds a program with powerful impact, it is happy to ramp up its investment. \u201cThen the question is, OK, this works in this environment. Can it work in a larger environment?\u201d Laura Arnold says. \u201cCan it work at scale?\u201d&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ask-for-advice-get-money-twice\">\u2018Ask for Advice, Get Money Twice\u2019<\/h2>\n\n\n\n<p>More and more Philanthropy 50 donors are honing their own strategies \u2014 and finding charitable partners to help carry out their vision.<\/p>\n\n\n\n<p>Jon and Mindy Gray (No. 34, at $63.6 million) got more strategic with their philanthropy in 2014 when they started the Gray Foundation. Their two primary initiatives are research on inherited cancers related to BRCA mutations \u2013 Mindy\u2019s sister died of BRCA-related ovarian cancer at age 44 \u2013 and empowering New York City youths.<\/p>\n\n\n\n<p>Since 2016, the Grays have been creating college-savings accounts for all public school students in New York City. The value of the 340,000 accounts at NYC Kids Rise is now up to $60 million.<\/p>\n\n\n\n<p>In 2023, the couple started the Gray Scholars program, which provides scholarships to 10 New York City students per year to attend a historically Black college or university. UNCF administers the program, which features up to $50,000 of support for four years and student support services. The Gray Foundation contributes $2.5 million per year to UNCF to support the program.<\/p>\n\n\n\n<p>Every year the Grays participate in a gathering for all the scholars. The Grays met with the president of Spelman College recently, and Jon Gray visited Howard University in late February. The Grays encourage UNCF to coordinate with high schools in New York that they also support: Those schools help choose which students are selected for the scholarship.<\/p>\n\n\n\n<p>\u201cWe&#8217;re very hands-on people \u2014 we enjoy it,\u201d Mindy Gray says. \u201cOther people often come to us and say, \u2018I want to do something, but what should I do?\u2019 And it really is what you feel in your heart. You should not be doing this work in areas that don\u2019t move you.\u201d<\/p>\n\n\n\n<p>The Grays and a growing number of philanthropists are encouraging charities to work together to achieve more than they can alone \u2014 putting groups like UNCF that are open to collaboration in the best position, says Diego Aviles, the charity\u2019s vice president of development for the northeast region. And the right response, Aviles says, isn\u2019t to recoil at a perceived overreach by the philanthropists. It starts with listening deeply to the donor\u2019s vision\u2014\u2013 and incorporating that into the organization\u2019s strategic plan.<\/p>\n\n\n\n<p>\u201cThe rapper Pitbull had it right: \u2018Ask for money, get advice; ask for advice, get money twice,\u2019\u201d Aviles says. \u201cWhen you echo what a philanthropist wants to achieve and demonstrate how your nonprofit can fulfill that vision, you don&#8217;t even need to lead with a specific gift amount. They often say, \u2018Great \u2014 come back with a program plan and a budget.\u2019\u201d<\/p>\n\n\n\n<p>&nbsp;\u201cThat\u2019s going to lead to a much richer conversation and much more trust.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major research hospitals and prestigious universities snared a significant share of Philanthropy 50 gifts, but lesser known programs also received large donations.<\/p>\n","protected":false},"author":363941,"featured_media":4402231448359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"content-type":"","cop_editorial_slug":"P50-2026-Main-Gose","cop_asana_id":"","editorial_asana_id":"","editorial_doc_id":"","footnotes":""},"categories":[81925],"issue":[192514],"profile":[],"role":[191051],"series":[192515,191100],"topic":[191093,191086],"coauthors":[188396,189918],"class_list":{"0":"post-4402231449368","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-news","8":"issue-march-2026","9":"role-giving","10":"series-192515","11":"series-philanthropy-50","12":"topic-major-gift-fundraising","13":"topic-philanthropists","15":"has-featured-image"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Philanthropy 50: Top Donors Reward Charities They Know Well &#8211; 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