Latest in Funds Prosper
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USOPC receives record $100m donation to fund athletes’ post-Olympics careers
Ross Stevens makes $100m donation to USOPC Donation will fund post-retirement plan for athletes Plan will be worth up to $200,000 per participant Philanthropist Ross Stevens made a $100m ...The Guardian - 23h -
Judge weighing whether to compel Trump administration to unfreeze FEMA funds
A federal judge is weighing whether to compel the Trump administration to unfreeze millions of dollars in previously allocated FEMA funds.ABC News - 1d -
California pauses home energy rebate program amid Trump funding freeze
California paused a Biden-era home rebate program tied to energy efficiency because it can't access federal funding to administer the program.CNBC - 22h -
Colleges of further education in England will get less funding than promised
Reduction to two-thirds of budgeted top-up payments for additional students a sign of looming government squeezesFinancial Times - 21h -
Club World Cup in U.S. to have $1BN prize fund
The prize money for this year's 32-team Club World Cup to be held in the U.S. between June 14-July 13 will be $1 billion, soccer's governing body FIFA said on Wednesday.ESPN - 20h -
Democracy group sues over stripping of funds by Trump administration
The National Endowment for Democracy (NED) has sued the Trump administration for cutting off funds for its democracy building overseas — the latest suit from a target of Elon Musk. The lawsuit ...The Hill - 19h -
GOP plows forward with government funding plan despite Democratic opposition
House Republicans are pressing on with plans for a clean six-month stopgap to keep the government funded beyond next week’s shutdown deadline in the face of staunch resistance from Democrats. ...The Hill - 18h -
ActBlue, the Democratic Fund-Raising Powerhouse, Faces Internal Chaos
At least seven senior officials have left the group, setting off deep concerns about its future as it confronts scrutiny from congressional Republicans.The New York Times - 19h -
Federal judge extends block on funding cuts to medical research
A federal judge is preventing the Trump administration from drastically cutting medical research funding.CBS News - 15h -
National Endowment for Democracy Sues Top Trump Aides Over Funding Freeze
The nonprofit has enjoyed bipartisan support since its founding in the Reagan era, but it finds itself under pressure from the Trump administration.The New York Times - 13h -
How Europe could seize frozen Russian assets to fund Ukraine
One of the mechanisms Europe has at its disposal to make up the shortfall of American backing is to fully seize frozen Russian assets held in the region.CNBC - 9h -
Auto Legends adds $1M to its funding round in Coinbase Ventures deal
Auto Legends, a social drag racing Web3 game, has added $1 million in a strategic investment from Coinbase Ventures' Base Ecosystem Fund.VentureBeat - 4h -
Second judge indefinitely blocks Trump’s sweeping OMB funding freeze
A second federal judge indefinitely blocked President Trump’s blanket freeze on federal grants and loans, saying the administration “put itself above Congress.” U.S. District Judge John ...The Hill - 4h -
Bill to pay troops during shutdown filed as funding deadline looms
Rep. Jen Kiggans (R-Va.) reintroduced a bill Thursday to ensure that members of the military get paid during a government shutdown, a move that comes as a March 14 deadline ticks closer without a ...The Hill - 2h -
Over a Dozen Conservative Party Donors Fund Nigel Farage’s Reform U.K.
A New York Times analysis of campaign finance data also revealed an influx of funding to Nigel Farage’s right-wing party from fossil fuel investors, climate skeptics and multimillionaires.The New York Times - 1h -
Cutting FE college funding is not how you tackle the skills shortage
Also in this week’s newsletter, a glimmer of hope for the higher education sectorFinancial Times - 1h -
Huge cuts in National Institutes of Health research funding go before a federal judge
A court battle is set to resume over the Trump administration’s drastic cuts in medical research fundingABC News - Feb. 21 -
Huge cuts in National Institutes of Health research funding go before a federal judge
A court battle is set to resume over the Trump administration’s drastic cuts in medical research fundingABC News - Feb. 21 -
This New Drug Could Help End the HIV Epidemic—but US Funding Cuts Are Killing Its Rollout
Lenacapavir, a twice yearly injection that prevents HIV transmission, was named the breakthrough medicine of 2024. But without US foreign aid dollars, its delivery to millions worldwide is under ...Wired - Feb. 21 -
Alarm as bird flu now ‘endemic in cows’ while Trump cuts staff and funding
Experts say current US outbreak is unlikely to end without intervention with further mutation of virus likely. A newer variant of H5N1 bird flu has spilled over into dairy cows separately in ...The Guardian - Feb. 22 -
Musk’s ‘Doge’ claim about USAid funds for India sets off political firestorm
Apparently baseless claim that $21m was given to help voter turnout seized on by Trump and Modi government . Elon Musk’s “department of government efficiency” has been accused of setting off a ...The Guardian - Feb. 24 -
Voss Capital thinks the market is a ‘perpetual paradox machine’. Here are the stocks the fund manager owns.
Buying undervalued small-cap stocks that may attract bidders has worked this year, Voss Capital said.MarketWatch - Feb. 24 -
EU and UK in talks about Europe-wide defence funding amid fear of US pullback
Donald Trump’s re-engagement with Russia has given new urgency to European discussionsFinancial Times - Feb. 24 -
This momentum-stock fund can lower your risk. It has outperformed the S&P 500.
It might surprise you that a strategy focused on the best recent performers can limit downside risk and ride high during bull markets.MarketWatch - Feb. 25 -
Ex-US security officials urge funding for science research to keep up with China
Appeal from officials, including two senior figures from Trump’s first term, comes amid reports National Science Foundation’s budget will be slashed. US politics live – latest updates Chuck ...The Guardian - Feb. 25 -
Perplexity AI launching $50 million venture fund to back early-stage startups
Perplexity AI is getting ready to launch a $50 million fund focused on pre-seed and seed artificial intelligence startups in the U.S., CNBC has learned.CNBC - Feb. 25 -
$14.3 million in fire relief grants roll out to artists thanks to Getty-led museum fund
A coalition of museums and philanthropic organizations called the L.A. Arts Community Fire Relief Fund notified more than 1,700 arts workers Tuesday that they will receive up to $10,000 each.Los Angeles Times - Feb. 26 -
Big endowments are heavily invested in hedge funds and other alts. They’ve been an expensive waste, study finds
An astonishing two-thirds of big university endowments are invested in hedge funds and other alternative investments that actually have delivered zero outperformance since the 2008 global financial ...MarketWatch - Feb. 26 -
House Republicans narrowly pass measure to fund Trump agenda after last-minute drama
The House passed the GOP budget plan for Trump's agenda Tuesday night after briefly pulling it from the schedule.ABC News - Feb. 26 -
Justice Department tells judges it can't comply with court-ordered deadline to release frozen aid funding
The Trump administration said in a court filing Wednesday it cannot comply with a federal judge's order to release foreign aid funding by midnight, despite being directed to do so almost two weeks ...NBC News - Feb. 26 -
Obvious Ventures, co-founded by Twitter's Evan Williams, plans to raise $400 million fund
Obvious Ventures plans to raise $400 million for its latest fund, according to a filing with the SEC.CNBC - Feb. 26 -
Social Discovery Group launches $20M venture fund to invest in social discovery startups
Social Discovery Group said it is starting SDG Lab, a $20 million corporate venture fund that will invest in social discovery startups.VentureBeat - Feb. 27 -
Pride Toronto loses corporate funding as Trump’s DEI purge has chilling effect
Canadian event loses three sponsors who also do business in the US to avoid being seen as supporting LGBTQ+ rights. Pride Toronto , one of the largest celebrations of LGTBQ+ people in North ...The Guardian - 6d -
Index funds saved billions in fees. Now the industry wants its money back.
Innovations may be a costly trapFinancial Times - 6d -
Democrats call for Education Department to rescind threats to end to federal funding for schools with DEI programs
A group of Democrats are calling on the Department of Education to rescind threats of defunding schools with diversity, equity and inclusion (DEI) programs. The Hill received an exclusive look at ...The Hill - 6d -
US shutdown of HIV/Aids funding ‘could lead to 500,000 deaths in South Africa’
USAid cuts to clinics dispensing antiretroviral drugs will be ‘death sentence for mothers and children’, expert warns. Sweeping notices of termination of funding have been received by organisations ...The Guardian - 6d -
Judge Blocks Trump’s Plan to End Funds for Trans Youth Health Providers in 4 States
The states — Washington, Oregon, Minnesota and Colorado — had sued to block President Trump’s plan to withhold federal funds from hospitals that offer transgender treatment to people under 19.The New York Times - 5d -
Most Americans in new survey support funding increases as Trump admin seeks cuts
Far more Americans support increasing federal funding in key areas than those who favor decreasing funding, according to a new survey, even as the Trump administration seeks sweeping cuts to ...The Hill - 3d -
USAID official put on leave for memos saying funding cut will "result in preventable death"
"This will no doubt result in preventable death, destabilization, and threats to national security on a massive scale," Nick Enrich wrote in the memo.CBS News - 3d