How a Big Nonprofit Decided to Keep Tapping Into Its Endowment in the Pandemic
The UJA-Federation of New York moved quickly to tap into funds that had been set aside to generate long-term investment income. It has done that six times and plans to keep doing so — even though its approach goes against what many other organizations decided to do.
By dan.parks
Contributor
Grant makers are urging investment managers to vote for corporate board members and proposals that will put pressure on companies to do more to aid people of color.
By dan.parks
Contributor
Rockefeller Heirs Launch Campaign to Block Oil and Gas Development
After putting in $30 million of their own into the fund, the Rockefeller descendants want to raise $100 million to cut off the supply of fossil fuels by supporting legal challenges and protest activities.
By dan.parks
Contributor
Biden Plan Would Aid People in Poverty and Nonprofits That Serve Them
Nonprofits said they were pleased that Biden did not propose paying for those changes by limiting itemized deductions, including those for charitable giving, for people making $400,000 or more annually.
By dan.parks
Contributor
Supreme Court Poised to Hear Landmark Case Involving Donor Privacy
The justices will hear oral arguments Monday on a California law that requires charities to disclose the names of major donors to state regulators. Their decision, expected later this year, could have far-reaching implications for nonprofits nationwide.
By dan.parks
Contributor
Carnegie Corporation of New York President Vartan Gregorian Dies at 87
A former president of Brown University and head of the New York Public Library, Gregorian was a prodigious fundraiser in addition to a long-serving philanthropy leader.
By dan.parks and Alex Daniels
Nonprofits Push for Equity in Biden’s Infrastructure Plan
Nonprofits and their advocates are trying to help shape President Biden’s plans to help the people many nonprofits serve and the causes they care about.
By dan.parks
Contributor
Dozens of Philanthropy Leaders Join Statement Protesting Voting Law Changes
A high-profile part of the protest is a two-page ad with the headline “We Stand for Democracy,” published today in several prominent newspapers.
By dan.parks and Alex Daniels
5 Economic Indicators That (Mostly) Point to a Brighter Year for Nonprofits
It’s been a hard 12 months for nonprofits and much uncertainty still lies ahead, but expert say there many guideposts that can help determine what kind of fundraising performance to expect in 2021 and beyond.
By dan.parks
Contributor
Amy Klobuchar and Other Democrats Push $50 Billion Aid Package for Nonprofits
The goal of the measure is to prevent job losses at thousands of nonprofits as demand for services rises but budgets are strained.
By dan.parks
Contributor