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The first round of grants has been made from The New York Community Trust's $43 million Brooke Astor Funds for New York City Education, reports The Wall Street Journal.

Mayor Bill de Blasio has said he will build on Michael Bloomberg's and the Open Society Foundations' Young Men's Initiative supporting black and Latino men, reported The New York Observer.

The Educational Foundation of America and the Jessie Smith Noyes Foundation are among the 17 foundations who have vowed to divest the fossil fuel stocks in their endowments and invest at least five percent of their assets in clean-energy companies,...

After-School All-Stars has received a $4 million grant from the New York Life Foundation to expand its services in six U.S. cities, reports Philanthropy News Digest.

Opportunity International andThe MasterCard Foundation plan to help 7 million out of poverty with $22.7 million partnership, reports Forbes.