Biden Signals Equity Focus With Appointment of Michael Smith to Lead AmeriCorps
Smith currently is executive director of the My Brother’s Keeper Alliance. His appointment as CEO of AmeriCorps will require Senate confirmation.
A flood of donations to support Covid-19 relief and racial justice efforts, coupled with stock-market gains, led Americans to give a record $471 billion to charity in 2020.
Giving Grew in a Tumultuous Year but Not for All. What’s Ahead in 2021?
Individual giving made up 69 percent of all philanthropy last year, the smallest share “Giving USA” has ever recorded.
2 Anonymous Donors Pledge $550 Million to Western Michigan U.
Plus, four universities, an art museum in Israel, and an Ohio medical center received big gifts.
Verified Voting, a Nonpartisan Electoral-Security Group, Names New CEO
Also, Antony Bugg-Levine will depart the Nonprofit Finance Fund this summer, and the Camille and Henry Dreyfus Foundation has hired a new executive director.
A New Reason Americans Are Getting Leery of Billionaire Donors
The news that the 25 richest Americans pay very low federal income taxes has rekindled a debate over the value of their charitable giving, what it takes to build a better world, and who gets to decide how to take on the toughest global challenges.
Coalitions of Foundations and Donors Line Up to Oppose New Senate Measure to Speed Up Giving
Opponents say the measure, which would offer tax benefits to grant makers and donors who push money out the door, especially harms family foundations and community funds.
Sens. Grassley and King Push Measure to Accelerate DAF and Foundation Giving
Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.
Mellon Foundation Commits $125 Million to Get N.Y. Artists Back on Their Feet
Also, Deloitte will make $75 million in grants to diversify the pipeline of people who seek careers as certified public accountants, and Google.org gave $2 million in honor of Pride Month.
Donors of Different Generations View the Value of Charities’ Work Differently
The results have implications for charities looking to attract new donors on the strength of their work.