Monday, March 31, 2014

Where Is That Starbucks Fortune Going to Go? Clues Are Coming�In - Inside Philanthropy: Fundraising Intelligence - Inside Philanthropy

Where Is That Starbucks Fortune Going to Go? Clues Are Coming�In - Inside Philanthropy: Fundraising Intelligence - Inside Philanthropy: The Schultz Family Foundation is ramping up. In October, they hired Daniel Pitasky, former Gates Foundation Special Assistant To Director of Postsecondary Success and Special Initiatives, to serve as the foundation’s first-ever executive director. Previously, SFF, which is run by Howard Schultz, Starbucks CEO, and his wife Sheri, gave piecemeal grants of a few hundred or a few thousand dollars to a wide range of community, educational, and Jewish organizations, many of them based in Seattle. Now, they are rolling out two substantial grantmaking programs, Onward Youth and Onward Veterans, and have committed—get ready for it—$30 million to the latter.

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