More Than 400 Nonprofits Got Up to $10 Million in Federal PPP Loans
Health care and education organizations were the main beneficiaries as were prominent groups like Unicef and the Oregon Shakespeare Festival.
By dan.parks
Contributor
Who Benefits When Foundations Float Bonds to Do More Grant Making?
An unprecedented move by Ford and other foundations to issue debt could have led to a different outcome, one that might have done more to help women, people of color, and others too often left behind, says the senior economics correspondent of “Next City.”
By Oscar Perry Abello
Contributor
Records Reveal Nonprofits That Received Paycheck Protection Loans
The Muscular Dystrophy Association, the National Wildlife Federation, Mercy Corps, the New York Botanical Garden, American Youth Hostels, and the San Francisco Symphony were among the nonprofits the federal government said on Monday received loans of $5 million to $10 million through the Paycheck Protection Program.
By dan.parks
Contributor
The Role of Microfinance During a Global Pandemic (Podcast)
Kiva CEO Neville Crawley also talks about crowdfunding loans during a crisis.
Momentum Fund Seeks to Help Nonprofits Overwhelmed by Relief Contributions
Nearly 700 groups have applied for an $8.5 million pool of grant money to help administer coronavirus rapid-response funds equitably.
By Alex Daniels
Senior Editor, Foundations
More Than Half of Fundraisers Expect to Raise Less Money This Year
More than half of fundraisers expect to raise less money in 2020 than they did in 2019, and an equal percentage believe that will also be the case in 2021, according to a survey of the Association of Fundraising Professionals members conducted in May.
By Eden Stiffman
Senior Editor
Growing Network Helps Nonprofits With Partnerships and Mergers
At a time when many charities are struggling to survive, the Sustained Collaboration Network provides money and support to help nonprofits pool resources and expand their outreach.
By dan.parks
Contributor
Ford’s $1 Billion Bond Offers Lessons for Others Looking to Use Debt to Increase Grants
The Ford Foundation’s $1 billion bond offering to finance additional grants over the next two years is a transaction most grant makers wouldn’t be able to make, but smaller philanthropies can still learn from the legacy foundation’s use of debt, according to a new report.
By Alex Daniels
Contributor
Giving Plunges 6% in First Quarter, Signaling $25 Billion in Lost Revenue for Nonprofits
Individual giving declined 6 percent in the first quarter of this year compared with last year, a trend that would lead to $25 billion in lost revenue for nonprofits if it continues throughout 2020, according to a new survey.
By MICHAEL THEIS and dan.parks
Should Foundations Give Now or Later? There Is No Right Answer
When the Ford Foundation and four other philanthropies joined forces last week to pledge to distribute more to nonprofits hurt by the Covid recession, they sent a message to other grant makers. But different missions require different approaches.
By Joseph Bankman and Daniel Hemel
Half of Midsize Nonprofits Report Pandemic-Related Staff Cuts
In a spot check of midsize organizations, Independent Sector also found that 83 percent of nonprofits reported a reduction in revenue and 71 percent a drop in services or operations.
By dan.parks
Contributor
IRS Looks to Limit Tax on Nonprofit Pay Above $1 Million
The Internal Revenue Service has proposed regulations that limit the scope of a tax on executive compensation at nonprofits, a rule included in the 2017 tax overhaul.
Most College Fundraisers Think They Will Reach 2021 Fundraising Goals
But many expect it to take as long as a year to make up the revenue they’ve lost since the pandemic began.
By Emily Haynes
Senior Editor
Most College Fundraisers Think They Will Reach 2021 Fundraising Goals
But many expect it to take as long as a year to make up the revenue they’ve lost since the pandemic began.
By Emily Haynes
Senior Editor
Ask an Expert: Starting the Merger Conversation in a Crisis
How to broach the subject, what questions to consider, and more.
By Eden Stiffman
Senior Editor
Foundations’ Debt Strategy Charts New Ground, Raises Policy Questions
The decision by several major foundations to take on debt to finance an additional $1.7 billion in grants is a milestone moment in big philanthropy, but it is unlikely that a large number of foundations will follow the practice, experts say.
By Alex Daniels
Contributor