Philanthropy Stories & Updates

The logos for Rooted in Vibrant Communities and Magic Cabinet appear on a dark blue background. A green banner along the bottom says Partnership Announcement in dark blue.

As a foundation that's deeply committed to resourcing smaller, community-led organizations, we're thrilled to partner with Seattle nonprofit Rooted in Vibrant Communities (RVC) to launch three fiscally-sponsored cohorts this spring.

One person hands a wad of $100 bills to another person against a burgundy and pink background.

With $68 trillion in assets on the line, young philanthropists are shifting wealth and power by embracing new, participatory approaches to grantmaking.

A graphic featuring multi-colored images of a Toa Baja sign, a neighborhood with a road running through it, a woman smiling, and an aerial view of the Toa Baja community.

Community land banks are on the rise in Puerto Rico, employing a new approach to help communities acquire affordable and accessible housing across the archipelago.

The text Nonprofit Trends That Will Dominate 2024 appears in white on a black gradient background underneath the Forbes logo.

Several Forbes Nonprofit Council members, including Magic Cabinet's own Christina Engel, share their predictions of top trends they believe will dominate the nonprofit sector in 2024.

A group of people is seated in a circle in front of a background collage of waves with the logos of Magic Cabinet and The Seventh Wave represented.

At Magic Cabinet, we’re driven by our vision for community-led, community-driven impact. That's why we’re partnering with The Seventh Wave, an arts and literary nonprofit illustrating the power of community storytelling.

Discover the highlights of Magic Cabinet's 2023 Year in Review, featuring key insights into our organizational growth, collaborative efforts, and impactful philanthropic initiatives.