Maui Residents Fill Philanthropic Gaps While Aid Makes the Long Journey to the Fire-Stricken Island
Nonprofits are struggling to deliver aid to Maui, but mutual-aid groups and local businesses are helping out. Volunteers have cobbled together countless improvised, urgent solutions in response to the country’s deadliest wildfire in over a century.
By James Pollard And Thalia Beaty
Associated Press
Warren Buffett Gives $27 Million in Berkshire Hathaway Stock to an Unnamed Charity
He has said that more than 99 percent of his nearly $118 billion fortune will eventually go to charity.
By Josh Funk
AP Business Writer
Ralph M. Parsons Foundation Installs New CEO
Plus, the Connecticut Children’s Foundation has tapped its next leader, and the philanthropic consulting firm Marts & Lundy has appointed Douglas Stewart as CEO.
By M.J. Prest
Senior Editor, Solutions
Foundation Giving May Rise Slightly in 2023 as Assets Overcome Recent Slump
Grant makers’ assets are estimated to have increased almost 8 percent during the first half of 2023 as global stock markets recovered from a tough 2022, according to a new report.
By Yesica Balderrama
Contributor
Arkansas Children’s Northwest Receives $25 Million for Endowment and Expansion
Also, the T. Boone Pickens Foundation has given $20 million to Johns Hopkins Medicine’s Wilmer Eye Institute, and the NBA Foundation awarded $13.5 million to 40 organizations to advance equity in historically marginalized communities.
By M.J. Prest
Senior Editor, Solutions
A Nonprofit’s Expensive Road to Inexpensive Birth Control
Medicines360 developed a low-cost hormonal IUD but encountered challenges from the tax code, FDA regulations, and Medicare and Medicaid programs. It also spent $82 million.
By Sono Motoyama
Contributor
Study: A Dip in Donations — but Donors Remain Committed
A volatile economy has taken a toll on fundraising, a new survey finds. But fundraisers have pivoted — and donors are continuing to give despite challenges.
By Emily Haynes
Senior Editor, Nonprofit Intelligence
University Presidents Elevate Free Speech Under New Partnership
The Campus Call for Free Expression, funded by the Knight Foundation, is committed to five principles of free expression along with new on-campus programs such as training at freshman orientations and faculty seminars.
By Thalia Beaty
Associated Press
‘A Sabbatical Isn’t a Fun Vacation’ — Experts Share How to Do It Right
What goes into thoughtful and productive time off for nonprofit workers? It takes more than you might think.
By Emily Haynes
Senior Editor, Nonprofit Intelligence
Burnout Plagues Nonprofits, With Bad Effects for Mission. Sabbaticals May Help.
Sanctioned time off (with pay) has been growing among nonprofits and could help stop turnover and improve effectiveness. Plus: ‘A Sabbatical Isn’t a Fun Vacation’ — Experts Share How to Do It Right
By Emily Haynes
Senior Editor, Nonprofit Intelligence