New Pledge Asks Donors to Step Up Giving Amid Pandemic
The “Crisis Charitable Commitment” asks foundations, wealthy individuals, and donor-advised-fund account holders to commit to boosting their giving immediately, with a special focus on racial justice and voter engagement.
More Than 400 Nonprofits Got Up to $10 Million in Federal PPP Loans
Health care and education organizations were the main beneficiaries as were prominent groups like Unicef and the Oregon Shakespeare Festival.
Records Reveal Nonprofits That Received Paycheck Protection Loans
The Muscular Dystrophy Association, the National Wildlife Federation, Mercy Corps, the New York Botanical Garden, American Youth Hostels, and the San Francisco Symphony were among the nonprofits the federal government said on Monday received loans of $5 million to $10 million through the Paycheck Protection Program.
Consumers Have High Expectations for Companies to Be Socially Responsible
However, few shoppers are willing to spend extra for products from such companies, according to a new survey.
Fidelity Donor-Advised-Fund Giving Soars, Especially for Food Assistance
People with donor-advised funds accounts at Fidelity Charitable distributed $2.35 billion in the first four months of this year, an increase of 16 percent over the same period the previous year, according to a new report.
Growing Network Helps Nonprofits With Partnerships and Mergers
At a time when many charities are struggling to survive, the Sustained Collaboration Network provides money and support to help nonprofits pool resources and expand their outreach.
Giving Plunges 6% in First Quarter, Signaling $25 Billion in Lost Revenue for Nonprofits
Individual giving declined 6 percent in the first quarter of this year compared with last year, a trend that would lead to $25 billion in lost revenue for nonprofits if it continues throughout 2020, according to a new survey.
Half of Midsize Nonprofits Report Pandemic-Related Staff Cuts
In a spot check of midsize organizations, Independent Sector also found that 83 percent of nonprofits reported a reduction in revenue and 71 percent a drop in services or operations.
20% of Young People Have Made a Charitable Donation to Address Inequality, Survey Shows
Seventy two percent of African Americans believe that rallies, petitions, and other actions taken to address racial inequality, discrimination, and social injustice will be effective, compared with 58 percent of whites.
Ford and Other Funds Issue $1.2 Billion in Debt So They Can Give More Now
The unprecedented move is expected to put pressure on other foundations to give more.