Growth in Pooled Funds, Spurred by Racial-Justice Protests and the Pandemic, Could Last
Over the past year dozens of new funds and collaborative fundraising campaigns have sprung up to support groups working to end white supremacy, respond to those hurt by the pandemic, and safeguard the voting process.
By Alex Daniels
Senior Editor, Foundations
Foundations Pledge to Direct More Grants to Climate Groups Led by People of Color
A group of wealthy donors is urging large grant makers urging to steer at least 30 percent of their climate change grants to groups led by people of color.
By Alex Daniels
Senior Editor, Foundations
Community Foundations Band Together to Fight Structural Racism
Nine regional grant makers are working together on strategies to combat structural racism in the hope of generating nationwide progress and attracting philanthropic support from wealthy donors and private foundations.
By Alex Daniels
Senior Editor, Foundations
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.
By Alex Daniels
Senior Editor, Foundations
Community Foundations Wrestle Over Whether to Accept Government Help
With Congress negotiating a renewal of the Paycheck Protection Program, debate may rise anew within community foundation over whether their pursuit of the loans would siphon funds from service-providing nonprofits.
By Alex Daniels and Michael Theis
Nonprofits Coming Up Short So Far in Congressional Stimulus Negotiations
Expanded access to charitable deductions, state aid that helps nonprofits, and loans to keep charity workers on the job are failing to gain traction, nonprofit advocates say.
By Alex Daniels and Michael Theis
Hewlett Commits $50 Million to New Effort to Rethink How Capitalism Should Work
The William and Flora Hewlett Foundation said today it will spend $50 million over the next five years to help generate a new way of thinking about capitalism and the economy.
By Alex Daniels
Senior Editor, Foundations
Asian American Nonprofits Hope to See More Anti-Racism Money Directed Their Way
As philanthropy has boosted funding to address the nation’s legacy of anti-Black racism, advocates for Asian Americans hope the recent interest in social justice broadens to include their communities, which have also been the victims of hate.
By Alex Daniels
Senior Editor, Foundations
Plan to Boost Donor Payout Faces Long Odds in Congress, but Some Advocates Say the Timing Is Right
A plan to rewrite federal rules governing how quickly money from foundation endowments and donor-advised funds must be given out to charity faces long odds in a new Congress that will be busy dealing with a lengthy list of other pressing issues, according to some nonprofit leaders.
By Alex Daniels
Senior Editor, Foundations
Grant Makers Urged to Stay Focused on Climate Change in Biden Administration
After four years playing defense, leaders fighting climate change have a friend in the White House. That’s no reason for foundations to dial back their efforts on the issue, advocates say.
By Alex Daniels
Senior Editor, Foundations