$10 Million Gift to Boost Economic Opportunities for Chicagoans Harmed by Discrimination
Plus, investor Fred Alger gives Mich. war memorial million for a new cultural center.
MacKenzie Scott’s No-Strings Giving Reverberates Way Beyond the Direct Beneficiaries
Many nonprofits that received money are giving some of it to local chapters or smaller groups they support, extending the impact of Scott’s giving even closer to the grass roots.
Gifts From MacKenzie Scott Put Overlooked Colleges and Universities in the Spotlight
MacKenzie Scott gave one of her largest publicized gifts — $50 million — to Prairie View A&M University, a historically Black state university in Texas.
Does MacKenzie Scott’s Giving Approach Signal a New Era?
It’s too early to tell whether MacKenzie Scott’s approach to giving will create a sea change in how other ultrawealthy donors give or what they support.
Nonprofit Powers Creation of Low-Cost Covid Vaccine
The nonprofit group PATH is using its connections with international government agencies, vaccine manufacturers, and scientists to create a coronavirus vaccine that can be manufactured in lower-income countries.
Warning Signs Emerge for Fundraisers in Latest Economic Reports
While overall growth remains strong, consumer confidence fell, the stock market was flat, and unemployment remains stuck well above pre-pandemic levels.
The Pandemic Accelerated the Growth of Midlevel Fundraising Programs
During the crisis, midlevel programs increased online communications significantly. Going forward, fundraisers will need to recalibrate how much emphasis to put on digital, direct mail, and in-person events.
Richard King Mellon Foundation Awards $150 Million to Carnegie Mellon U.
Also, Cisco has committed $50 million to offer scholarships to students at historically Black colleges and universities, and the Annenberg Foundation has given a challenge grant of $25 million to protect wild cougars in Los Angeles.
Many fundraisers were pleasantly surprised by the continued support they got from attendees and sponsors of virtual events last year. As they tiptoe toward gathering in person, some wonder whether the donors will follow.
Companies Should Make Their Philanthropy More Racially Equitable. Here’s How.
Companies can improve outreach to underrepresented youths, offer paid internships, broaden the definition of impact, and publicly compare their diversity data with their goals.
Children’s Hospital Receives $25 Million, and Dartmouth Lands $20 Million for DEI in STEM Fields
Plus, the University of California at San Diego Health and the Smithsonian’s National Air and Space Museum both received large gifts.
Now is the time for nonprofits to focus on people who give $2,000 to $20,000 a year and teach them to pay more attention to organizations that get results. They can make up for gaps in giving by Americans at both ends of the wealth spectrum.
As Pandemic Eases, College Fundraisers Are Optimistic About Meeting Goals
But when it comes to fundraisers’ plans to return to the office, leaders and lower-level fundraisers are not on the same page.
Fundraisers will no longer be judged by the gifts they bring in. The organization hopes the changes will lead to more authentic relationships with donors and less burnout for development staff.
Synchrony Pledges $50 Million to Expand Access to Education and Skills Training
Also, the Ballmer Group awards $38 million to train more behavioral-health specialists in Washington State, and the Chan Zuckerberg Initiative has made its first round of grants toward its $500 million commitment to organizations led by people of color.
Fundraisers, Here’s a Way to Help Charitable Underachievers
Too many affluent people decide how much to give based on their income, not their wealth. Charity officials can help them change that mind-set — and enable them to reap the joy that comes from making a far more significant difference.