Rockefeller Brothers Fund Launches Program on Racial Justice, Boosts Grants by $48 Million
The total includes $10 million for a new program focusing on racial justice, $18 million for the foundation’s democratic practice program, and $10 million for its climate change mitigation efforts, plus a $10 million “insurance policy” against possible dips in the fund’s endowment that could put future grants at risk.
By Alex Daniels
Contributor
Foundations Establish $5 Million Covid-19 Response Fund to Focus on the Global Economy
The Ford, Open Society, and other foundations have pooled $5 million in a fund that seeks to quickly help people harmed by the coronavirus pandemic and work toward long-term changes to a global economic system they view as broken.
By Alex Daniels
Senior Editor, Foundations
Fidelity Donor-Advised-Fund Giving Soars, Especially for Food Assistance
People with donor-advised funds accounts at Fidelity Charitable distributed $2.35 billion in the first four months of this year, an increase of 16 percent over the same period the previous year, according to a new report.
By dan.parks
Contributor
Stress Forces Fundraisers to Take New Approaches
The recession, the health crisis, and the social-justice movement are all putting new pressure on development leaders, especially those whose nonprofits serve the neediest.
By Maria Di Mento
Senior Editor
Rebuilding After Covid-19 (Podcast)
Grant Oliphant, president of the Heinz Endowments, talks about the challenges of the “reimagining” phase after a crisis and the role of advocacy and public policy.
National Urban Fellows Chooses Former Fellow as Next Leader (Transitions)
Also, Sesame Workshop has a new creative lead, and the Community Foundation of Louisville has hired its next president and CEO.
By M.J. Prest
Senior Editor, Solutions
Covid Erased an Estimated 1.6 Million U.S. Nonprofit Jobs From March Through May
Thirteen percent of all nonprofit jobs in America were lost in recent months, according to estimates from Johns Hopkins University. That’s equivalent to 8.8 percent of an estimated 18.7 million job losses seen in that time across all non-government jobs.
By MICHAEL THEIS
Contributor
Covid Erased an Estimated 1.6 Million U.S. Nonprofit Jobs From March Through May
Thirteen percent of all nonprofit jobs in America were lost in recent months, according to estimates from Johns Hopkins University. That’s equivalent to 8.8 percent of an estimated 18.7 million job losses seen in that time across all non-government jobs.
By Michael Theis
Contributor
Surveys Show Mixed Bag for Donor Behavior Due to Covid
Most people in LendingTree’s survey said they had not changed their giving this year, and 15 percent said they had paused donations due to income loss. A QuickBooks survey found that 47 percent were giving less than a month ago.
By Michael Theis
Contributor
In a country suddenly riveted by issues of race, will nonprofits finally move forward on equity in the workplace, or will Covid and the economy derail their plans?
By Jim Rendon and Eden Stiffman