Big Foundations Show Little Change in Having Their Assets Managed by Women or People of Color
Thirty of the largest grant makers deployed a total of about $11 billion, or 16.6 percent of their endowment investments, with firms controlled by women or people of color, according to a new study commissioned by the Knight Foundation.
By Alex Daniels
Senior Editor, Foundations
Watch the Debate: How Senate Bill to Speed Up Giving Would Work
The nonprofit world is divided over a plan to change tax rules for foundations and contributors to donor-advised funds.
By Stacy Palmer
Chief Executive Officer
To date, none of the nation’s top 10 philanthropic foundations, nor many major climate grant makers, have publicly committed to getting and staying out of fossil fuels.
By STEPHEN HEINTZ
Contributor
Consumer Confidence ‘Collapses’ as Delta Variant Cases Rise
Consumer confidence is down, but the stock market continues to hum along, as Covid-19 cases rise because of the Delta variant. That all means it could be a challenging environment for charities and fundraisers seeking support from average donor households.
By Michael Theis
Contributor
A Third of Foundations Increased Their Giving in 2020
Fueled by a strong stock market, private foundations reported an average 13.1 percent return on their investment assets and community foundations 12.1 percent, allowing many to maintain or increase their giving, according to a new survey.
By Michael Theis
Contributor
Most Nonprofits Are Highly Effective. Check the Data.
Over the past six years, ImpactMatters and then Charity Navigator analyzed data on both the cost effectiveness and overall success of nonprofits. They came to a clear conclusion: The myth of nonprofit ineffectiveness is just that — a myth.
By Elijah Goldberg
Contributor
Amid Calls to #TaxTheChurches — What and How Much Do U.S. Religious Organizations Not Pay?
Megachurches and their leaders can be superrich. So why don’t the IRS and local authorities see a cent in taxes? A scholar explains.
Impact Investing Works. Here’s How Our Family Foundation Made Sure It Makes a Real Difference.
The Nathan Cummings Foundation voted in 2017 to ensure all of its endowment was invested in ways that were in sync with its charitable mission. Here’s how the chairman of its board, Jaimie Mayer suggests others can pursue the approach wisely.
By Jaimie Mayer
Contributor
Strong Hiring at Nonprofits Means 60% of Jobs Lost to Covid Have Been Restored
Education groups are hiring fastest while health-care organizations are lagging. At current rates, it will take until September 2022 for the nonprofit world to expand beyond pre-pandemic levels.
By Michael Theis
Contributor
Critics Worry Supreme Court Ruling on Donor Disclosure Will Make Charity Fraud Easier
The Supreme Court on Thursday voted 6 to 3 to overturn a California donor-disclosure law that critics said was a needless intrusion on donor privacy and would hurt giving.
By dan.parks and Michael Theis
Key Economic Indicators Show How Charities Are Affected by Split in Recovery for Rich and Poor
Services for the poor will continue to be in high demand and groups that raise small gifts face continued challenges, but organizations that rely mostly on the wealthy for revenue should fare well.
By Michael Theis
Contributor
Habitat for Humanity Struggles With High Construction Costs
Local affiliates had to limit volunteers over virus concerns, then revenue was dented by the temporary closure of the group’s ReStores, and pandemic-induced kinks in the supply chain caused construction delays.
Study Points to Continued Growth in Giving in 2021
New analysis from the Fundraising Effectiveness Project points to an increase in new and retained donors as well as an uneven fundraising landscape skewed by large gifts.
By Emily Haynes
Senior Editor
Value of Charitable Deduction for All Americans Still Unclear
Charitable giving was sluggish in 2020, according to “Giving USA,” making it hard to see a clear benefit from the temporary tax provisions allowing Americans to deduct charitable gifts even if they don’t itemize.
By dan.parks and Eden Stiffman
Nonprofit Hiring Accelerates in May With 63,000 New Jobs
But nonprofit employment is 6 percent lower than it was before the pandemic hit.
By Michael Theis
Contributor
Nonprofits Need to Embrace Transparency, Even if the Supreme Court Rules to Protect Donor Privacy
Greater financial transparency, made increasingly possible by technological innovation and new social norms, is becoming a hallmark virtue of the 21st century for young people raised on social media and smartphones. Their vision for a more transparent world will become the expectation in the years to come, and they will only trust nonprofits that are open.
By Christina Asquith
Contributor