Kresge Pledges to Increase Portion of Endowment Invested With Firms Owned by Minorities or Women
The foundation says that by 2025 a quarter of its U.S. assets, roughly $500 million, will be managed by diverse firms, up from 14 percent today. It made the pledge as part of an effort to persuade at least 50 other foundations to take similar actions by 2025.
By NICOLE WALLACE
Features Editor
Charities Urge Repeal of Parking Tax Ahead of April 15 Tax Deadline
Nonprofit advocates say there is bipartisan support for reversing the provision, but “political jockeying” is getting in the way.
By dan.parks and Julian Wyllie
Giving and Volunteering Is Up, Says New Study
Monetary gifts to churches and religious organizations, along with contributions of products, drove the increase, say researchers.
By Emily Haynes
Senior Editor
MacArthur Commits $150 Million to Make Impact Investing Easier for Others
Rockefeller and Omidyar will also offer their expertise. Together the three foundations will make an additional $10 million in grants to study how “patient financing” can best bolster impact investing.
By NICOLE WALLACE
Features Editor
Percentage of Non-Itemizers Who Give to Charity Is Declining, Study Shows
The United Way study looked at data from 2004 to 2014 and also found that giving by people who do itemize their charitable gifts also fell during that time.
By Julian Wyllie
Contributor
Blackbaud Data Signals Flat Giving in 2018
Last year’s results may herald a return to modest gains in 2019, a researcher says.
By Emily Haynes
Senior Editor
6 Things to Know if Your Nonprofit Is Considering Becoming a Fiscal Sponsor
Serving as a fiscal sponsor can help incubate new projects to serve an established nonprofit’s mission. Before you let others use your tax-exempt status, learn about the risks involved.
By Alex Daniels
Contributor
Readers Share Their Favorite Nonprofit Books
‘Lean Impact’ and “Decolonizing Wealth’ are among the titles helping people in the nonprofit world keep on top of trends and ideas influencing philanthropy and social change.
By Margie Fleming Glennon
Chief Content Officer
Recession in 2019? Charities Wring Their Hands but Do Little to Prepare
A decade after the Great Recession beat down charities, groups worry about another downturn but take little action.
By Drew Lindsay
Contributor
Hard Times, Hard Decisions: 7 Things Small and Midsize Charities Should Do When a Recession Looms
With economists warning of an economic downturn, nonprofits and experts talk about what charities should do now to weather the storm.
By Drew Lindsay
Contributor
New Study Details Tax Law’s Financial Hit to Nonprofits
The new tax on transportation fringe benefits will cost an average of $12,000 per charity, prompting some to consider ending those perks.
By Julian Wyllie
Contributor
The Effects of 2019 Tax-Policy Decisions Will Linger for Decades. It’s Time to Weigh In.
Nonprofits could see fewer donations and new tax bills — or they could benefit from enhanced charitable-giving incentives and a repeal of levies.
By David L. Thompson
Contributor
There’s been lots of talk, but the vast majority of foundations are sticking with a century-old, bifurcated model of philanthropy: Money is given away on one side of the house, invested on the other, and never the twain shall meet.
By Marc Gunther
Contributor
Climate Change Spurs McKnight to Go Big on Impact Investing
The foundation has put $1 out of ever $3 in its endowment into companies and other efforts that advance its grant-making mission.
By Marc Gunther
Contributor
A Doctor’s Scientific Approach to a Grant Maker’s Investments
Ruth Shaber, a gynecologist, makes sure her fund’s grants and investments all focused on promoting women’s health.
By Marc Gunther
Contributor
Hewlett Foundation’s Leader Makes a Case Against Impact Investing
The strategy can do more harm than good, especially for big grant makers, says CEO Larry Kramer.
By Marc Gunther
Contributor