Rockefeller-Led Covid Testing Plan Steps In to Replace Government Inaction
In the absence of clear federal guidance the grant maker, along with other partners, is leading the way on multiple fronts in the effort to include Covid testing and tracing.
By Alex Daniels
Senior Editor, Foundations
Obama Foundation Poised to Be a Powerful Force in Racial Justice Movement
However, some nonprofit leaders say they wish the Obamas had used their star power to engage with grassroots efforts more directly.
By Alex Daniels
Contributor
Senate Stimulus Bill Would Expand Loan for Charities but Omit Other Nonprofit Priorities
Under the legislation, a second round of Paycheck Protection Program loans would be limited to nonprofits with 300 or fewer employees. The bill offers no changes to current law on charitable deductions or foundation payout requirements.
By dan.parks
Contributor
Some Nonprofits Hail Paycheck Protection Program as a ‘Savior’; Others See Layoffs Continue
Some groups have hired back workers or reopened programs. For others, the benefits have been fleeting.
By dan.parks
Contributor
Religious Groups and Schools Got the Most PPP Loans
The Chronicle of Philanthropy analyzed the data for 42,462 organizations that received loans of $150,000 to $10 million.
By Michael Theis
Contributor
Grant Makers Can Improve Government Effectiveness in the Covid-19 Era
Ensuring that governments reduce corruption, adopt good policy, and get citizens involved in policy making is critical to creating a strong response to this crisis and its aftermath.
By Leslie Lang Tsai
Contributor
More Than 400 Nonprofits Got Up to $10 Million in Federal PPP Loans
Health care and education organizations were the main beneficiaries as were prominent groups like Unicef and the Oregon Shakespeare Festival.
By dan.parks
Contributor
Records Reveal Nonprofits That Received Paycheck Protection Loans
The Muscular Dystrophy Association, the National Wildlife Federation, Mercy Corps, the New York Botanical Garden, American Youth Hostels, and the San Francisco Symphony were among the nonprofits the federal government said on Monday received loans of $5 million to $10 million through the Paycheck Protection Program.
By dan.parks
Contributor
IRS Looks to Limit Tax on Nonprofit Pay Above $1 Million
The Internal Revenue Service has proposed regulations that limit the scope of a tax on executive compensation at nonprofits, a rule included in the 2017 tax overhaul.
Senators Push to Expand Charitable Tax Deduction to All
A new proposal would allow couples to deduct up to $8,000 this year and next even if they don’t itemize on their tax returns.
By Michael Theis
Contributor
In the Covid Cyclone, Philanthropy Can Lean on Lessons From Disaster Aid
Natural disasters often lead communities to create better versions of themselves. Philanthropy can help that happen during the Covid-19 crisis by following a path similar to other successful disaster-recovery efforts.
By Jacob Harold
Contributor
Nearly 300 Donors and Grant Makers Join Push to Require Philanthropic Funds to Give More Now
A letter sent to Congress today asks lawmakers to require foundations and donor-advised funds to give at least 10 percent a year over the next three years.
By Alex Daniels
Senior Editor, Foundations
Why Philanthropy Can’t Keep Hoarding Assets in the Pandemic (Dispatches)
The race to stockpile toilet paper is an illogical and impractical response to the crisis. So, too, is foundations’ unwillingness to increase the share of assets that go to charity every year.
By Lisa Pilar Cowan
Contributor
House Passes Stimulus Bill With Sweeping New Benefits for Nonprofits
The legislation greatly expands nonprofit eligibility for loans and other benefits, but President Trump and Republicans who lead the Senate have shown no interest in the legislation.
By dan.parks
Contributor
Omidyar Network Commits $35 Million to Give Struggling Workers More Power
The commitment is part of an effort previously launched to rethink capitalism, a cause taken up by several major foundations and donors in recent years.
By Alex Daniels
Contributor
Wealthy Donors to Congress: Make Us Give More to Charity
Led by the Wallace Global Fund, the group is asking congressional leaders to impose a minimum payout requirement of 10 percent for foundations and donor-advised fund holders.
By Alex Daniels
Contributor