Activist to foundation leader: JPB’s Deepak Bhargava to deliver ‘lightning bolt’ to philanthropy

By ALEX DANIELS of The Chronicle of Philanthropy
Chronicle of Philanthropy

As longtime progressive movement organizer Deepak Bhargava takes the reins of the multi-billion-dollar JPB Foundation, he is unveiling an ambitious plan to give big to democracy strengthening efforts. The New York City-based foundation, which says it has assets of about $4.2 billion, announced it will increase grantmaking this year by 20% to about $510 million. JPB’s focus will be on supporting groups that increase the political sway of people of color, LGBTQ people, and workers; fighting online misinformation; and making grants to faith-based institutions and other groups that work to get people with different backgrounds and beliefs to find common ground.