DonorsChoose Sees Banner Donation Year With Help From Gates Foundation and Millions of Small Gifts
The nonprofit, which collects contributions to help teachers buy classroom supplies, is seeing a lot of engagement from donors at a time when overall giving is down, especially among young people.
By Glenn Gamboa
AP Business Writer
Apollo Theater CEO Jonelle Procope to Leave the Historic Landmark on Safe Financial Ground
Her 20-year tenure as CEO evolved into an era of prosperity and expansion, markedly different from the tumultuous, cash-strapped decades that preceded it.
By Glenn Gamboa
AP Business Writer
Helping Out: How American Volunteerism Is Changing — and Why
Though American volunteerism has generally declined since the 1950s, there have been bursts of growth to cope with the AIDS crisis and in the aftermath of the 9/11 terrorist attacks.
By Glenn Gamboa
AP Business Writer
Corporate Volunteerism: ‘Not Charity. It’s Good Business.’
Companies are building more ongoing relationships with charities, providing volunteers who become more embedded in the work of the nonprofit.
By Glenn Gamboa
AP Business Writer
MacKenzie Scott Sets New ‘Open Call’ to Donate $250 Million
Through her organization Yield Giving, she plans to make unrestricted $1 million donations to 250 nonprofits.
By Glenn Gamboa
AP Business Writer
Fidelity Charitable Donor-Advised Funds Awarded $11.2 Billion in 2022
The three most popular grantees in 2022 were Doctors Without Borders USA, St. Jude Children’s Research Hospital, and World Central Kitchen.
By Glenn Gamboa
AP Business Writer
Seeking to Boost Grants to Groups Led by People of Color, New Research Effort Gets Under Way
The goal is to create a straightforward, accessible survey so nonprofits would no longer have to provide specialized diversity information for each of their donors. It would also make it easier to measure how much money is going to minority-led groups.
By Glenn Gamboa
AP Business Writer
Major Funders Call for Increased Support of Black Feminists
The open letter, from the Melinda Gates’a Pivotal Ventures, Rihanna’s Clara Lionel Foundation, and the Ford Foundation and MacArthur foundations is intended to encourage others to support historically underfunded groups.
By Glenn Gamboa
AP Business Writer
Fidelity Pledges $250 Million to Support Minority Students
The Invest in My Education program, announced Tuesday, plans to increase graduation rates and students’ ability to complete their education debt free.
By Glenn Gamboa
AP Business Writer
Fidelity Charitable Says New Grants to Surpass Deposits in 2022
It would be the first year since 2018 that the value of grants from its donor-advised funds exceeded the value of investments going into the funds.
By Glenn Gamboa
AP Business Writer