Businesses and Philanthropy Unite to Fight Racial Wealth Gap
The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in the new effort, called NinetyToZero, so named for the roughly 90 percent wealth gap between white and Black Americans.
By Glenn Gamboa
Associated Press
Raytheon Technologies, Open Society Foundations Each Commit $500 Million Grants for Education
Also, the John Deere Foundation has pledged $200 million in grants to nonprofit groups over the next 10 years, and the Lennar Foundation gave $50 million to establish a new cancer center at City of Hope Orange County.
By M.J. Prest
Senior Editor, Solutions
What Nonprofits Are Doing to Increase Diversity in Fundraising.
A number of groups offer internships, mentoring, educational programs, and more to support pathways to leadership for people of color. Here is a sampling of programs.
By Eden Stiffman
Senior Editor
Diversity Is Not Enough in Fundraising Offices
Nonprofits have been talking about diversity for a long time. But making sure fundraisers feel included and nurturing a sense of belonging require a level of intention most haven’t mustered.
By Eden Stiffman
Senior Editor
Nonprofit Created Its Own Fundraising Pipeline
A summer “boot camp” helped the All Stars Project train diverse, early-career fundraisers.
By Eden Stiffman
Senior Editor
Move Over, Rage Philanthropy. It’s Time for Spite Philanthropy.
Activists are running campaigns to give to charities that their enemies hate. The drives could produce much-needed gifts but get nonprofits caught up in partisan political controversies.
By Gregory R. Witkowski
Contributor
Laura and John Arnold Commit to Giving at Least 5% of Their Wealth Yearly
The Houston philanthropists were the first billionaires to join a campaign urging the wealthy to commit to donating yearly. The campaign is allied with an effort to persuade Congress to take steps to channel more money in foundations and donor-advised funds directly to charities.
By Haleluya Hadero
Associated Press
Publishing Billionaire Donald Newhouse Gives $20 Million to Combat Dementia
Plus, the National Medal of Honor Museum, a center aimed at treating people with Lyme disease and tick-born illnesses, and four other nonprofits received big gifts.
By Maria Di Mento
Senior Editor
Asian American Business Leaders Pledge $10 Million to Fight Hate
The founders of Peloton, Stitch Fix, YouTube, and Zoom are among the more than 3,400 Asian American business leaders and their supporters who have pledged to fund nonprofits that serve Asian Americans and Pacific Islanders.
By Emily Haynes
Senior Editor
2 Commitments of $100 Million Address Racial Wealth Gaps and Accelerate Covid Research
Plus, see below for more about the gift to address the wealth gap. Also, the Conrad Prebys Foundation awards $78 million in its first round of grant making.
By M.J. Prest
Senior Editor, Solutions
Advice on Attracting Diverse Donors
A collection of articles to help you raise money from a wider variety of supporters.
Donations for Asian American Groups Surge After Killings
Donations and pledges to Asian American and Pacific Islander groups have spiked since the March 16 shooting in Atlanta that killed eight people, including six women of Asian descent, and brought renewed attention to violence against Asian Americans.
By Haleluya Hadero
Associated Press
How the 10 Biggest Foundations Changed in a Year of Covid — and What’s Next
A Chronicle review found that only a handful of the wealthiest grant makers are ready to commit to increases in grant distributions or providing continued flexibility.
By Alex Daniels and Michael Theis
5 Economic Indicators That (Mostly) Point to a Brighter Year for Nonprofits
It’s been a hard 12 months for nonprofits and much uncertainty still lies ahead, but expert say there many guideposts that can help determine what kind of fundraising performance to expect in 2021 and beyond.
By dan.parks
Contributor
Vaping and Philanthropy: Debating Strategies That Work
Bloomberg Philanthropies and other anti-smoking advocates respond to a Chronicle article about the billionaire’s work, and a former FDA official offers strategies foundations can use to resolve conflicts over tobacco policies.
How to Host Engaging Virtual Events
It’s unlikely that virtual events will fully replace in-person events after it’s safe to gather indoors again, but fundraisers expect some events to remain online. We spoke to fundraisers, event planners, and consultants who explain how to make them special.