NBA Commits $300 Million for Economic Development in Black Communities (Grants Roundup)
Plus, the Bill & Melinda Gates Foundation and the Gavi, the Vaccine Alliance, are giving a total of $150 million to accelerate the manufacturing and delivery of future Covid-19 vaccines.
NBA Commits $300 Million for Economic Development in Black Communities (Grants Roundup)
Plus, the Bill & Melinda Gates Foundation and the Gavi, the Vaccine Alliance, are giving a total of $150 million to accelerate the manufacturing and delivery of future Covid-19 vaccines.
Grantees’ Open Letter Accuses Grant Maker of Bias and Lack of Transparency
It’s uncommon for grantees to speak out against a funder’s practices. But with the media spotlight on protests for racial justice throughout the country, some philanthropy experts expect to see more grantees making public critiques in the future.
Charity Navigator Vastly Expands Number of Groups Rated, Still Relying Mainly On Overhead Measures
Some 150,000 more nonprofits are now rated; the watchdog says it will soon do more to account for a nonprofit’s impact, innovation, and diversity efforts.
Plus, Allen and Carol Schmidthorst give $15 million to Bowling Green State University, and billionaire Denny Sanford donated $12.5 million to the University of South Dakota.
Philanthropist Doris Buffett Dies; J.J. Yore Leaves WAMU After Staff Revolt (Transitions)
Also, the Iowa West Foundation has named a new president, and the longtime CEO of the Southcentral Foundation has resigned.
Private Foundation Pledges Top $1 Billion for Racial Justice
Recent commitments of $100 million each by the Packard Foundation and Lilly Endowment helped push the total above that threshold.
Donors Still Bullish Despite Pandemic and Economic Collapse
Fifty-eight percent of donors say they plan to give the same amount this year as last, while 23 percent say they plan to give less, and 13 percent say they plan to give more.
As Disclosures Continue, Blackbaud Breach Remains a ‘Conundrum’ for Some Nonprofits
More nonprofits are notifying their donors about the ransomware attack. Some organizations are consulting legal experts and weighing ethical concerns as they evaluate whether to disclose the breach to their supporters.
Mastercard Foundation Pledges $200 Million to Its Young Africa Works Program (Grants Roundup)
Also, the Southern Poverty Law Center has committed $30 million to voter outreach, and the Conrad N. Hilton Foundation has awarded its annual Humanitarian Prize to an organization that helps former gang members.