GLENN GAMBOA Business Writer.

Former U.S. President Bill Clinton speaks during the Clinton Global Initiative, on Wednesday, Sept. 24, 2025, in New York. (AP Photo/Andres Kudacki)

Bill Clinton sees this year’s Clinton Global Initiative as a ‘counterweight’ to aid cuts

Former President Bill Clinton opened the Clinton Global Initiative annual meeting by raising his concerns about rising political violence and other issues. He highlighted worries about cuts to education, trade wars, and threats to free speech and sees the conference as “a counterweight” to those issues. One major announcement from the conference was a new partnership to provide an HIV prevention drug in 120 low- and middle-income countries starting in 2027. Clinton says this move responds to foreign aid cuts from the Trump administration. He emphasizes the initiative’s focus on creating solutions and making a meaningful difference in people’s lives.

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MacKenzie Scott gives $70 million to UNCF to financially strengthen HBCUs

Billionaire philanthropist MacKenzie Scott has donated $70 million to the UNCF, the largest private provider of scholarships to minority students. This donation is part of UNCF’s ongoing effort to raise $1 billion to support its 37 historically Black colleges and universities. Scott’s gift is one of her largest and among the first publicly disclosed in 2025. The donation will be used for a pooled endowment, aiming to create a $370 million fund for UNCF member HBCUs that can use the annual proceeds for budgetary needs. The broader fundraising effort seeks to address funding disparities between HBCUs and other universities.

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FILE - Joe Deitch, chairman of the Elevate Prize Foundation, left, and Carolina Garcia Jayaram, CEO of the Elevate Prize Foundation, speak in Miami Beach, Fla., on Wednesday, May 14, 2025. (AP Photo/Michael Laughlin, File)

Nonprofits face a tough funding landscape. They hope better storytelling will bring more donations

Nonprofits are increasingly using storytelling to connect with donors. Cindy Eggleton, CEO of Brilliant Cities, participated in the “Nevertheless: The Women Changing the World” documentary series to honor her late mother. The series, produced by Elevate Studios, has gained over 3 million views on YouTube. Lance Gould, founder of Brooklyn Story Lab, highlights the importance of storytelling in reaching the right audience. Nicole Bronzan from the Council on Foundations emphasizes transparency in storytelling to build trust. Brilliant Cities saw increased donations after Eggleton’s episode aired, demonstrating storytelling’s impact on fundraising.

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