MacArthur Foundation Increases 'Genius Grants' Stipend

CHRONICLE FOR PHILANTHROPY
By Maria Di Mento

Aminah Robinson is a 2004 recipient of the MacArthur Fellowship

PHILANTHROPY---The John D. and Catherine T. MacArthur Foundation is increasing from $500,000 to $625,000 the stipend it awards to individuals through its ­MacArthur Fellows Program, popularly known as the “genius grants,” the grant maker announced today. The increase will apply to these year's fellows, who will be announced on September 25. The foundation will continue to award the stipends, given to creative individuals from a variety of fields, with no strings attached; recipients will still receive the money over a five-year period. [link]