Not a bastion of local concern, Atlantic Philanthropies has announced an enormous $200M fellowship that partners with, and sounds a lot like a donation to the Rhodes Trust.
"We told you there were going to be “fireworks” as Atlantic Philanthropies wrapped up its grantmaking this year, concluding an epic $8 billion giveaway of Chuck Feeney’s duty-free fortune.
"The latest move, which definitely feels like a finale, came yesterday as Atlantic announced $200 million in investments to create a community of leaders that can promote equity on a global scale. Nearly half of that money will establish a new Atlantic Fellows program at the London School of Economics and Political Science (LSE). The larger half, $106 million, is a 15-year grant to create the Atlantic Institute, which the foundation says will be a “nexus” for the fellows to collaborate as they work to make the world a better place."--David Callahan, Inside Philanthropy