Here’s What Else You Need to Know
The Ford Foundation sent a strong signal to grant makers everywhere about the importance of unrestricted support by committing another $1 billion to helping nonprofits led by women and people of color. The move comes because of the success of the first $1 billion Ford put into a program to provide general operating support and other help to strengthen and expand nonprofits. Kathy Reich, who oversees the program, said even before the pandemic, the approach was showing results — but it has even more so during the past year. While her grantees were still facing big challenges, they weren’t in hair-on-fire mode because having flexible grant money meant they had some funds in reserve and could use them to invest in new technology or whatever they needed to continue their work. “During that time, it was just a little calmer. They could breathe,” says Reich. “And, honestly, that feeling of breathing room is one of the most remarkable and consistent things that we hear from our partners.”
While still a relatively small facet of giving, crowdfunding is gaining strength as a force in philanthropy. About 32 percent of people say they donate to a crowdfunding effort each year, and the pandemic is accelerating interest in such giving, according to a survey released this week by the Lilly Family School of Philanthropy at Indiana University, writes Emily Haynes. Fundraisers should take notice of how crowdfunding is changing giving patterns, and especially how attractive it is to donors who are young as well as people who are ethnically and racially diverse, said Una Osili of the Lilly School. “Getting in now and brushing up your own ability to use this new tool is going to be critical for many nonprofit organizations,” she said.
Philanthropy must work against anti-Asian hate by speaking up, coordinating efforts, thinking beyond Black and white, and enlarging investments in countering oppression, say two prominent foundation leaders. Competition among disenfranchised groups over which is the most underfunded hurts all of them, write Cathy Cha of the Evelyn and Walter Haas Jr. Fund and Robert K. Ross of the California Endowment. “It’s time to face the truth that the pie itself is not big enough and the very notion of divvying up justice among and across different populations is antithetical to what justice means.”
Get ready for the week ahead: Sign up to join us on Thursday for a webinar about corporate grant seeking in the year after Covid. You’ll hear directly from Daniel Lee, head of the Levi Strauss Foundation and Julie Gherki, who leads the Walmart Foundation. They’ll be joined by José A. Quiñones, CEO of Mission Asset Fund and a MacArthur Fellow who has won significant support from corporate America.
And no matter what your role in the nonprofit world, we urge you to read Lee’s essay in the Chronicle,
Invest In and Strengthen People of Color: a Corporate Grant Maker Explains How.
We hope you have a terrific spring weekend.
— Stacy Palmer and Dan Parks