Overall Giving Ticked Up Slightly in 2020, but Online Giving Exploded, Report Says
Big charities fared the best overall, but small nonprofits achieved big growth by seeking digital gifts.
By Michael Theis
Contributor
‘Hate Groups’ Received Millions From 351 Charities and Foundations, Chronicle Review Finds
Foundations and donor-advised funds directed more than $50 million in charitable funds from 2013 and 2018 to nonprofits designated by the Southern Poverty Law Center as hate groups.
By Michael Theis
Contributor
Midsize Charities Sidelined by Changes to Paycheck Protection Program
Hundreds of nonprofits that received a PPP loan in the first round are now trying to figure out how — if at all — they can get federal funds from the second round of the stimulus now that they exceed the loan program’s employee cap.
By Michael Theis
Contributor
Donor-Advised Funds Channeled 30% More Dollars to Charities in First Half of 2020
People with advised funds provided $8.3 billion over the first six months of 2020 compared with the same time in 2019, according to a new report from the National Philanthropic Trust.
By Michael Theis
Contributor
Where MacKenzie Scott’s $4 Billion in Giving Went
The gifts focused primarily on nonprofits with an annual revenue of $10 million to $100 million but also included groups with revenue of less than $1 million and more than $100 million.
By Michael Theis
Contributor
Nonprofits Lost 50,000 Jobs in December
Nonprofits shed an estimated 50,760 jobs in December, a “striking reversal” of what had been months of slow-but-steady job growth among nonprofits, according to a new report from Johns Hopkins University. As a result, nonprofits employed nearly 930,000 fewer workers in December than they did in…
By Michael Theis
Contributor
MLK Day Goes Virtual as Nonprofits Try to Keep Message of Service Alive
Martin Luther King Jr. Day has long been a day of service, but this year nonprofits are changing their approach, going virtual, volunteering remotely, and trying novel ways to reach new audiences.
By Michael Theis
Contributor
Philanthropy Favors Traditional Public Schools Over Public Charter Schools, Study Finds
Traditional public schools received an average of $3,090 in philanthropic support compared with $1,680 for public charter schools, a 46 percent disparity, according to a new study.
By Michael Theis
Contributor
Community Foundations Wrestle Over Whether to Accept Government Help
With Congress negotiating a renewal of the Paycheck Protection Program, debate may rise anew within community foundation over whether their pursuit of the loans would siphon funds from service-providing nonprofits.
Pledge Asking Foundations to Loosen Grant Restrictions Is Working, Report Shows
Ninety-three percent of signatories to the Council on Foundation pledge say they loosened or eliminated restrictions on current grants, compared to only 67 percent of non-signatories.
By Michael Theis
Contributor