Nonprofits Lost 50,000 Jobs in December
Nonprofits shed an estimated 50,760 jobs in December, a “striking reversal” of what had been months of slow-but-steady job growth among nonprofits, according to a new report from Johns Hopkins University. As a result, nonprofits employed nearly 930,000 fewer workers in December than they did in…
The Nonprofit World Tackles Equity and Racial Justice
The Chronicle has been talking to charities and foundations as they grapple with how to make their organizations more equitable and what role they can play in advancing equity in the larger society.
Nonprofit Advocates See Hope for Legislation on Tax Deductions and More
Nonprofit advocates are optimistic that the Biden administration and new leaders in the Senate will extend a law allowing all taxpayers to itemize their charitable deductions, and perhaps other policy changes helpful to nonprofits.
Starbucks Pours $100 Million Into Community Resilience Fund
Also, the Andrew W. Mellon Foundation gave $72 million to 16 grantees through its Just Futures Initiative, and Netflix granted $25 million to address systemic racism in real-estate development and ownership.
Retired Tech Executive Gives $10.4 Million for Responsible Technology
Plus, three universities and a mental health foundation land major donations
Doris Duke Charitable Foundation, Borealis Philanthropy Choose Next Leaders
Also, the acting president and CEO of the Newman’s Own Foundation will remain in the role permanently, and the billionaire philanthropist and casino developer Sheldon Adelson has died.
Nonprofits Would Be Eligible for New Federal Aid Under Biden Stimulus Plan
The measure also contains numerous provisions that would relieve the burden on nonprofits crushed by soaring demand from Americans in need of food, housing, and other basic necessities.
Ga. Senate Runoff Shows Philanthropy’s Power to Mobilize Voters
Political donors poured more than $800 million into the two U.S. Senate races in Georgia. But a coalition of nonprofits with a much smaller budget may have made a huge difference in getting people out to vote in the run-off election, which resulted in a pair of Democratic victories last week.
MLK Day Goes Virtual as Nonprofits Try to Keep Message of Service Alive
Martin Luther King Jr. Day has long been a day of service, but this year nonprofits are changing their approach, going virtual, volunteering remotely, and trying novel ways to reach new audiences.
Amazon Commits $125 Million to Housing Equity Fund
Also, Morgan Stanley gave $100 million to the National Equity Fund to help low-income renters in Atlanta, and First Premier Bank has granted $50 million to endow need-based scholarships for students at universities in South Dakota.