Nonprofits That Rely on Foundation Grants Fare Better Than Others Amid Pandemic
Thirty-one percent of nonprofit CEOs say that their grants have increased during the Covid-19 pandemic, and 39 percent say they’ve stayed the same.
Wave of Nonprofit Closures Likely on the Way Soon, Nonprofit Leaders Forecast
As federal stimulus aid runs out and state budgets face new strains, many nonprofits may soon be forced to close or merge.
Nonprofits Anxiously Await Court Action as Insurers Reject Virus-Related Payouts
For decades the Simon WiesentInsurers say their policies weren’t intended to cover something as catastrophic and widespread as a pandemic and that such payouts would bankrupt the industry.
73% of Charities Worldwide See Decline in Contributions
A survey by CAF America also found that half of charities expect to see revenue decline by more than 20 percent over the next year.
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.
Strategy and Reinvention Are Key to Staying Alive for Nonprofits, Leading Grant Maker Says
Too many nonprofits are scrambling to survive the immediate crisis while failing to adjust to what will become a new normal, says Jim Bildner, CEO of the Draper Richards Kaplan Foundation.
Nine in 10 Foundations Say They Provide Aid for Advocacy Efforts
However, the report by the Center for Effective Philanthropy also found that many foundation leaders run into internal resistance to their policy work from legal counsel and board members.
Coronavirus-Related Giving Tops $10 Billion Worldwide
The total includes $6 billion from U.S. sources, according to Candid, a foundation research group. The top donor was Twitter co-founder Jack Dorsey, who gave $1 billion.
Internet Regulator Blocks Sale of Dot-Org Domain to Private-Equity Firm
The decision sent up a cheer among nonprofits and their advocacy groups, which feared the sale would lead to rapidly escalating fees and the potential for censorship.
‘Breathtakingly Cruel’ Rule Will Hit Some Nonprofits That Have Laid Off Workers
The rule, which applies to certain organizations that self-insure unemployment benefits, tells states to bill those employers immediately for 100 percent of the cost of benefits paid to laid-off employees.