Macarthur Foundation

Macarthur Foundation

News about the Macarthur Foundation, and other topics in philanthropy.

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Announced on the ninety-third anniversary of the trust's creation, the grant is expected to boost the community foundation's ability to revitalize neighborhoods and preserve affordable housing....  
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The International Crisis Group has received grants of $5 million each from the John D. and Catherine T. MacArthur Foundation and philanthropists George Soros, Frank Giustra, and Victor Pinchuk as part of its $50 million "Securing the Future" campaign....  
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MacArthur Fellows Program awards unrestricted fellowships to talented individuals who have shown extraordinary originality and dedication in their creative pursuits and a marked capacity for self-direction. There are three criteria for selection of Fellow  
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Eight Organizations Receive up to $500,000 to Advance Innovative Work CHICAGO, April 10 /PRNewswire-USNewswire/ -- The John D. and Catherine T. MacArthur Foundation announced today that eight organizations in ...  
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Eight nonprofit organizations were named winners of the 'MacArthur Award for Creative and Effective Institutions,' and each will receive up to $500,000 from the MacArthur Foundation: _Centro de Derechos ...  
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Prof. Everett's opening essay, , is an effective overview of what follows in the volume.  
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An organization that defends human rights in Nigeria, a foundation in Madagascar seeking to preserve that island nation's environment and a workforce development group in Chicago are among the eight winners of ...  
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The Cambridge-based Public Radio Exchange will receive one of eight 2008 MacArthur Awards for Creative and Effective Institutions, the John D. and Catherine T. MacArthur Foundation announced yesterday.  
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The working relationship between Chicago's two largest foundations continues to deepen, with one establishing a $10 million fund at the other.  
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Aleksandar Hemon's a genius. Or at least the MacArthur Foundation thinks so. Hemon won one of the organization's famed "genius grants" in 2004 to fund research for his latest book, The Lazarus Project, an ...  
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Source: Wikipedia.org

The John D. and Catherine T. MacArthur Foundation is a major private grant-making foundation based in Chicago that has awarded more than US$3 billion since its inception in 1978. It is now one of the ten largest private philanthropies in the U.S. with an endowment of more than $6 billion. The foundation awards approximately $225 million annually in grants and low-interest loans.

Its four major program areas are Global Security and Sustainability, Human and Community Development, General grant-making, and the MacArthur Fellows Program, also known as "genius grants." Topics of interest to the Foundation include international peace and security, conservation and sustainable development, population control, reproductive health, human rights, community development, affordable housing, and educational, juvenile justice, and mental health reform, public interest media, including public radio and independent documentary film. The Foundation also gives grants to arts and cultural institutions in the Chicago area.

The MacArthur Fellows Program awards five-year, unrestricted fellowships, "to individuals across all ages and fields (but ONLY to US citizens) who show exceptional merit and promise of continued creative work." The amount of the award is currently $500,000, which is paid over five years, with no strings attached.

The Foundation's President is Jonathan F. Fanton, formerly President of the New School for Social Research. There are also overseas offices in Mexico, India, Nigeria, and Russia.

The Foundation's founder, John D. MacArthur (1897-1978), founded and owned Bankers Life and Casualty and other businesses, as well as considerable property in Florida and New York. His wife Catherine T. MacArthur (1909-1981) held positions in many of these companies and served as a director of the Foundation.

Over its history the Foundation has been in close collaboration with the Rockefeller Brothers Fund, the Carnegie Corporation and the Rockefeller Foundation; one case in point being the joint establishment in 2000 of The Partnership for Higher Education in Africa, to assist higher education institutions in 6 African countries. Another connection is that President Jonathan F. Fanton serves as an Advisory Trustee of the Rockefeller Brothers Fund.
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