Crypto-Based Digital Art Frenzy Draws in Charities
As collectors try to cash in on nonfungible tokens, or NFTs, nonprofits and donors are auctioning them off, some with huge success, others much less so.
By Michael Theis
Contributor
Metropolitan Museum of Art Receives $125 Million From Trustee
Plus, Cornell University lands $30 million for its canine health center, and an animal hospital receives $25 million from financier Stephen Schwarzman.
By Maria Di Mento
Senior Editor
Half of Nonprofits Plan to Hold Events With Virtual and In-Person Components in 2022
With a year of practice under their belts, nonprofits are seeing more success with virtual fundraising events, according to a survey. Still, roughly 48 percent of respondents said they have already returned to holding in-person events.
By Emily Haynes
Senior Editor, Nonprofit Intelligence
Asian American Foundation Taps New CEO; Grant Oliphant Will Head to Conrad Prebys Foundation
Also, the American Ballet Theater names its next leader, and Janet Topolsky is retiring after 28 years at the Aspen Institute Community Strategies Group.
By M.J. Prest
Senior Editor, Solutions
GivingTuesday Raises Estimated $2.7 Billion From Americans, a 9% Rise
An estimated 35 million Americans donated to charity on November 30, 6 percent more people than last year.
By Emily Haynes and Eden Stiffman
Bill Gates and Melinda French Gates Offer Post-Divorce Philanthropic Plans
Bill Gates and Melinda French Gates say that despite their divorce, they will still work with the Giving Pledge, the campaign they co-founded with Warren Buffett in 2010 to encourage billionaires to donate the majority of their wealth through philanthropy.
8 Big Foundations Call on Wealthy Countries to Spread Vaccines to Poor Nations
In response to the Omicron variant, grant makers also urged global leaders to lift travel restrictions imposed in recent days.
By Alex Daniels
Senior Editor, Foundations
Richard King Mellon Foundation Gives Another $100 Million for Pittsburgh Tech Hub
Also, the Bezos Day 1 Families Fund has awarded $96 million to 32 nonprofit groups to prevent homelessness in the United States, and Bayer AG and the Bill & Melinda Gates Foundation together gave $71 million to improve women’s sexual and reproductive health in Africa and Asia.
By M.J. Prest
Senior Editor, Solutions
As 2021 Winds Down, Economic Conditions Should Be Good for Fundraisers
Most fundamental measures of the economy — aside from inflation — are better for most people than at any other point since the pandemic began. The one wrinkle is the Omicron variant of Covid-19, which has already created volatility in the stock markets.
By Michael Theis
Contributor
Supply-Chain Problems Hit Charities’ Holiday Gifts for Kids
Nonprofit groups that provide toys to children during the holidays as being hurt as Covid-related supply chain problems lead to empty store shelves and higher prices on some products.