SciRise News & Insights

    Perspectives on capital flows, foundation strategy, and the mission-driven economy.

    InsightsAugust 26, 2026Michael J. Fern

    A $356 Million Field Meets a Generation of Fortunes

    The AI nonprofit field is forming just ahead of one of the largest private-wealth creation events philanthropy has ever seen. What happens when a $356 million field meets an OpenAI Foundation equity stake above $180 billion and an 80 percent pledge from seven Anthropic cofounders?

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    InsightsAugust 20, 2026Michael J. Fern

    Eight Dedicated AI Nonprofits in 2018. Thirty in 2024.

    The dedicated AI nonprofit field is small, but it is not static. Spending went from $61 million across eight filers in 2018 to $173 million across thirty in 2024, and foundation AI grantmaking rose from single-digit millions to well over $100 million a year.

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    InsightsAugust 19, 2026Michael J. Fern

    The Federal Research Funding Pipeline Is Breaking While the Cash Still Flows

    Total federal obligations to universities are down only 7 to 8 percent. New-award commitments, the leading indicator, are down roughly 20 percent a year. Slides from the NCRAA conference at UNC-Chapel Hill, with federal data through June 2026.

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    InsightsAugust 18, 2026Michael J. Fern

    Mentioning AI Is Not Doing AI

    Nonprofit programs that mention AI carried $12.2 billion in expenses in 2023. The organizations actually dedicated to AI work spend about $400 million a year. That 30x gap is where mission-statement screening misleads funders.

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    InsightsJuly 14, 2026Michael J. Fern

    How Many Foundations Make Impact Investments?

    Between 265 and 282 foundations reported a program-related investment each year for the past five years, out of roughly 13,000 filing foundations. Dollars are rising, but the base of foundations using PRIs is not expanding.

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    InsightsJuly 13, 2026Michael J. Fern

    Fundable Is Not Enough. Findable Shows Up in the Network.

    How does Yield Giving find its grantees? Its recipients carry a median of 15 foundation funders versus 6 for all mapped nonprofits. What distinguishes them is not stability. It is position in the funding network.

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