Biden Proposes Measure to Deter Foundations From Skirting Distribution Rules by Giving to DAFs
Supporters say the proposal would direct more money from private foundations to charities every year. Critics say it would undermine donor privacy, among other harmful effects.
Scott has emerged as the most notable practitioner of trust-based philanthropy — the notion that there should be fewer strings attached to donations and that reporting requirements and other expectations that often come with grants from foundations can be excessive.
One Response by Fundraisers to Racial Reckoning: an Affinity Group for Black Donors
The antipoverty organization hopes the group will strengthen its ties to supporters and help them connect with one another.
Citi Foundation Commits $50 Million to Nonprofit Community-Development Financial Institutions
Also, the Bill & Melinda Gates Foundation and Bezos Earth Fund both gave major grants to back gene banks that safeguard the biodiversity of the world’s food supply.
Fundraising Departments Are Slow to Diversify Their Donor Pools, New Study Says
One in five respondents said their development offices had lost employees since the start of the pandemic.
MacKenzie Scott’s Gifts Aid Military Families, Advance Equity, and Provide Help in Ukraine
The Chronicle has identified the nonprofits that received a total of $1.4 billion in her latest round of giving.
Biggest Donor-Advised Funds Are Slower to Distribute Assets, Study Finds
But of small funds, nearly 80 percent distribute money to charities rapidly enough to deplete the initial contributions to those accounts, according to a new study of a limited number of account sponsors. The data can be helpful to fundraisers as well as policy makers.
David and Diana Sun Give $50 Million to Calif. Hospital
Plus, Massachusetts General Hospital, the U.S. Air Force Academy, and three universities land big gifts.
Inflation Hits Ability of Nonprofits to Provide Services, Keep Workers — and Raise Money
At a time when the demand for services remains high, soaring costs for fuel, food, employee payrolls, and other expenses are stressing charities’ budgets even more than during the pandemic.
Former Spelman College Provost Will Be Next CEO of Charles F. Kettering Foundation
Also, the Community Foundation for Southwest Washington has named its next president, and two women will lead the San Francisco Ballet for the first time.