How to Create a Culture of Inclusive Fundraising
Many big-gift fundraisers still overlook donors from a variety of demographic groups, even though about 14 percent of U.S. millionaires are from minority groups. That number will likely grow.
FedEx Awards $100 Million to Create an Institute at Yale to Reduce Carbon in the Atmosphere
Also, Bloomberg Philanthropies has given $25 million to endow a fellowship program at New York University’s Robert F. Wagner School of Public Service, and the Citi Foundation will make $25 million in grants to charities that work directly with small businesses owned by people of color.
Technology Entrepreneur Nahum Guzik Gives $25 Million for Cultural Center
Plus, the ACLU lands $15 million for a project focused on LGBTQ and HIV issues, and three medical centers, a university, and a private day school also receive big donations.
Google.org Will Award $25 Million for Innovative Ideas That Empower Women
The winners of the Impact Challenge for Women and Girls, which will be announced in the fall, will each receive between $300,000 and $2 million.
Pooled Journalism Funds Could Help Save Local Newspapers
As investment companies like Alden Global Capital continue to decimate newsrooms, philanthropic and civic leaders should come together to provide the consistent resources they need to survive and thrive.
Community Foundations Report 41% Bump in Grants From Donor-Advised Funds
For every dollar that came in to a community foundation’s donor-advised fund in 2020, 87 cents went out.
Events in Which Donors Raise Money From Friends Saw Steep Revenue Declines in 2020
With social gatherings banned or curtailed for much of last year, just four of the top 30 athletic and other large-scale fundraising campaigns managed to outpace their 2019 revenue.
Nonprofits Welcome Billions in Pandemic Giving but Wonder if Support Will Last
Philanthropy’s response to Covid-19 in 2020 — $20.2 billion, according to preliminary estimates released Wednesday — eclipsed giving to any other natural disasters in recent memory, and many grant makers dropped a wide range of restrictions they typically impose on their grantees.
Businessman Gives $150 Million to Wofford College’s Endowment
Also, the University of Chicago will use a $25 million gift to create a Center for Global Health and Social Development, and Morgan State University received $20 million from an alumnus.
Donor-Advised-Fund Claims Spark Pushback From Critics
Fidelity’s announced last week that its donors directed $9.1 billion to charity last year; still, critics say donor-advised-fund sponsors exaggerated how much money is actually flowing to working charities.
Bill and Melinda Gates Say Digital Giving Can Democratize Philanthropy
They also highlighted winners of their foundation’s Reimagine Charitable Giving Challenge, which awarded as much as $100,000 to ideas for ways that help small-dollar donors support their own or other communities in need.
Dallas Mavericks Basketball Team Awards Emergency Grants for Winter Storm Relief in Tex.
Also, the Mother Cabrini Health Foundation gave $115 million to 400 charities across New York State, and Goldman Sachs awarded $25 million to teach job skills in finance to students at eight historically Black colleges and universities.
College Fundraisers’ Confidence Continues to Be on the Upswing
The latest in a series of surveys of higher-education fundraisers found similar levels of confidence among fundraising leaders and gift officers for the first time since April 2020.
Potent New Fundraising Tools Shouldn’t Be Abandoned When the Covid Crisis Ends
Technological innovations embraced out of necessity during the pandemic helped nonprofits reach more donors and opened up possibilities for more effective fundraising in the future.
Venture Capital Executive Gives $80 Million to Expand Maternal Health Care in Bay Area
Plus, the Home Depot co-founders jointly gave the Gary Sinise Foundation $40 million, and Marymount Manhattan College received $25 million.
New Nonprofit Helps Turn Fine Wines Into Charitable Donations
Garth Hodgdon, a former sommelier, started the Legacy Cellar Foundation to help wine lovers make a difference.