Philanthropy Stories & Updates

The text The Philanthropic Choice Between Innovation and Stagnation Written by Christina Engel CEO Magic Cabinet appears in white next to the Forbes logo. The text is on a black gradient background.

In this piece, Magic Cabinet CEO Christina Engel shares how philanthropy can shift away from hierarchal giving models toward more innovative and responsive funding grounded in community insights and priorities.

A woman wearing a green top and glasses with braids in her hair smiles against a transparent backdrop of two speakers at a conference.

Amber Banks of Decolonizing Wealth Project shares insight on the organization's reparative philanthropy model and recent expansion into the Global South.

The logos for Rooted in Vibrant Communities and Magic Cabinet appear on a dark blue background. A green banner along the bottom says Partnership Announcement in dark blue.

As a foundation that's deeply committed to resourcing smaller, community-led organizations, we're thrilled to partner with Seattle nonprofit Rooted in Vibrant Communities (RVC) to launch three fiscally-sponsored cohorts this spring.

One person hands a wad of $100 bills to another person against a burgundy and pink background.

With $68 trillion in assets on the line, young philanthropists are shifting wealth and power by embracing new, participatory approaches to grantmaking.

A graphic featuring multi-colored images of a Toa Baja sign, a neighborhood with a road running through it, a woman smiling, and an aerial view of the Toa Baja community.

Community land banks are on the rise in Puerto Rico, employing a new approach to help communities acquire affordable and accessible housing across the archipelago.

The text Nonprofit Trends That Will Dominate 2024 appears in white on a black gradient background underneath the Forbes logo.

Several Forbes Nonprofit Council members, including Magic Cabinet's own Christina Engel, share their predictions of top trends they believe will dominate the nonprofit sector in 2024.