A Third of Foundations Increased Their Giving in 2020
Fueled by a strong stock market, private foundations reported an average 13.1 percent return on their investment assets and community foundations 12.1 percent, allowing many to maintain or increase their giving, according to a new survey.
By Michael Theis
Contributor
Nonprofits Added 67,200 Jobs in July
July’s gains are the strongest two-month period of hiring since the start of the year. But disruptions from a resurgence in coronavirus cases threaten to depress job growth.
By Michael Theis
Contributor
Advocacy Groups Seek More Frequent Reports on Nonprofit Employment and Wages
The Department of Labor releases information on nonprofits every five years, but the Aspen Institute, Independent Sector, and others say more frequent reports are critical for researchers, regulators, and legislators.
By Michael Theis
Contributor
Inflation and Delta Variant Loom in Otherwise Strong Economic Picture for Nonprofits
Economic output is up nationally, major stock indices continue to grow consistently, wages are rising, and consumers spent money. But lingering inflation and the end of pandemic government aid programs are cutting into household incomes, a potential source of worry for fundraisers focused on smaller gifts, and for charities that provide services to the poor.
By Michael Theis
Contributor
Strong Hiring at Nonprofits Means 60% of Jobs Lost to Covid Have Been Restored
Education groups are hiring fastest while health-care organizations are lagging. At current rates, it will take until September 2022 for the nonprofit world to expand beyond pre-pandemic levels.
By Michael Theis
Contributor
Critics Worry Supreme Court Ruling on Donor Disclosure Will Make Charity Fraud Easier
The Supreme Court on Thursday voted 6 to 3 to overturn a California donor-disclosure law that critics said was a needless intrusion on donor privacy and would hurt giving.
The examination of Michigan funds has given proponents of new Senate legislation to regulate donor-advised funds fresh ammunition. But not everyone agrees on what the numbers mean.
By Michael Theis
Contributor
Half of Nonprofits Won’t Require Employees to Be Vaccinated as They Return to Work, Poll Finds
The risk of Covid spreading as offices reopen is a major concern for nonprofits, according to a poll of 635 executives.
By Michael Theis
Contributor
Key Economic Indicators Show How Charities Are Affected by Split in Recovery for Rich and Poor
Services for the poor will continue to be in high demand and groups that raise small gifts face continued challenges, but organizations that rely mostly on the wealthy for revenue should fare well.
By Michael Theis
Contributor
Nonprofit Hiring Accelerates in May With 63,000 New Jobs
But nonprofit employment is 6 percent lower than it was before the pandemic hit.
By Michael Theis
Contributor