Foundations, Especially Small Ones, Fared Worse Than the Overall Stock Market Last Year
The average foundation gained 16 percent last year, compared with the nearly 29 percent gain of the Standard and Poor’s index. Wealthier foundations did somewhat better but were still far below the index.
By Alex Daniels
Senior Editor, Foundations
Ban on Government Funds Puts Pressure on Nonprofit Drug Injection Sites in R.I.
The tiny state is the first one to authorize places where drug users can go without fear of getting arrested, but private donors aren’t eager to do what government won’t do and support the services.
By Alex Daniels
Senior Editor, Foundations
Safe Injection Sites for Drug Users Are a Tough Sell to Foundations
People are dying in record numbers from overdoses, but grant makers have been tiptoeing around one way to reduce harm from drugs. One nonprofit hopes its lawsuit against the Justice Department will make a difference.
By Alex Daniels
Senior Editor, Foundations
More Foundations Are Speeding Up Giving Due to Global Challenges
A third of grant makers established after 2010 plan to spend all of their assets by a specific time — far more than the 7 percent of foundations created in the 1990s that plan to do so.
By Alex Daniels
Senior Editor, Foundations
New Poll Finds Support for Foundations — but Not the Hefty Tax Breaks Their Donors Get
The study also found that people across the political spectrum want to speed money to charities from foundations and donor-advised funds.
By Alex Daniels
Senior Editor, Foundations
Progressive foundations have already raised $14 million after a string of victories at Amazon, Starbucks, and elsewhere demonstrated that workers have the potential to push for big changes.
By Alex Daniels
Senior Editor, Foundations
The groups are pledging to commit their own money to put the spotlight on efforts to help women get safe abortions, especially those who are poor and women of color because they will bear the biggest impact in states where the practice could be outlawed.
By Alex Daniels
Senior Editor, Foundations
Trust in Nonprofits and Philanthropy Continues to Be Higher Than in Government and the News Media
But slight declines in trust, especially among women and young people, are reasons for concern, say nonprofit leaders.
By Alex Daniels
Senior Editor, Foundations
New Effort Seeks to Make It Easy for Big Donors to Give to Small Charities Advancing Social Change
The push comes from a group of wealthy philanthropists who failed to persuade Congress to force the rich to donate more.
By Alex Daniels
Senior Editor, Foundations
Are Foundations’ Doors Opening?
At the start of the pandemic, many foundations loosened grant requirements and vowed to give more to grassroots groups, especially those led by people of color. Two years later, it’s uncertain what will stick.
By Alex Daniels
Senior Editor, Foundations