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Philanthropy Today

A free email with news, trends, and opinion articles about the nonprofit world, as well as links to our tools, resources, and webinars. Delivered every weekday.

March 10, 2021
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Subject: $10 Billion Bezos Earth Fund’s New CEO Expected to Provide Strategy and Transparency

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  • Andrew Steer, President and CEO of Earth Fund.
    Environment

    $10 Billion Bezos Earth Fund’s New CEO Expected to Provide Strategy and Transparency

    By Dan Parks
    Andrew Steer, who leads the environmental think tank World Resources Institute, says the Bezos fund plans to give all its money away in a decade.
  • Raj and Anna Asava, Texas philanthropists from India who work to encourage giving by other Indian Americans.
    Diversifying Fundraising

    How to Create a Culture of Inclusive Fundraising

    By Lisa Schohl
    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.
  • Hands Helping The United States. Concept of Supporting Communities and Reforms
    Opinion

    Attacking Traditional Philanthropy Is Wrongheaded and Out of Sync With Most Americans’ Giving

    By Howard Husock
    Systemic social and economic change is not and should not be the primary focus of philanthropic support. Expanding the reach of our nation’s great charitable institutions and supporting local causes is still the best way to help people achieve the American Dream.
  • Aerial view of the Serrania de Chiribiquete, located in the Amazonian jungle departments of Caqueta and Guaviare, Colombia, on June 7, 2018.
    Grants Roundup

    FedEx Awards $100 Million to Create an Institute at Yale to Reduce Carbon in the Atmosphere

    By M.J. Prest
    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.

Nonprofit News From Elsewhere

Goldman Sachs says it will invest $10 billion and donate another $100 million over the next decade toward improving the lives of black women. The effort, called One Million Black Women, came about in collaboration with black-women-led organizations and will focus on housing, health care, education, jobs and careers, digital connectivity, access to capital, and financial health. Goldman also will partner with Hope Enterprise Corporation, mayors, and historically black colleges and universities to distribute and lend money to organizations in the South. (Reuters)

As more families face hunger during the pandemic, the Agriculture Department is moving to make free meals available to all schoolchildren through the summer. Officials are extending a waiver to the school-meal program that allows food to be distributed outside of group settings at specific times of the day. An estimated 12 million young people in the United States are facing food insecurity, and the new rules have allowed parents to pick up a few days’ worth of meals at a time. The waiver would have expired in June but now will last through September. Officials have not fronted more money for the program, though, and one network of the country’s 16 largest school districts said its members lost $130.8 million in the last fiscal year. (Washington Post)

Large coronavirus vaccination centers across the country need thousands of volunteers each week, and people are flocking to sign up in hopes of getting inoculated themselves. Public health experts say giving volunteers a chance to get vaccinated is different from offering affluent donors early vaccines, which some health systems have done. The volunteers “are performing a crucial role” and need protection, one bioethicist said. (Associated Press)

News About Giving

  • Phil Knight’s U. of Oregon Donations Approach $1 Billion With New Hayward Field Project (Oregonian)
  • Universal Basic Income Pilot Included in Annual Gift From Northwestern U. to Evanston, Ill. (Patch)
  • Twitter CEO Auctioning Off the First Tweet, With Proceeds Going to Charity (Business Insider)

More News

  • How LeBron James Uses His Influence to Improve Community Development (New York Times)
  • How an Amy Siskind Tweet Helped Save a Houston Nonprofit (Westchester Journal News)
  • Aspen Santa Fe Ballet Dissolves After 25 Years (Aspen Daily News)
  • Golden Globes Fallout: HFPA Leadership Hires Diversity Consultant, Outside Law Firm (Los Angeles Times)

Editor's Picks

  • For months, Greta Faworski, the chief fundraiser at Kalamazoo Loaves and Fishes, did development work at night after long days unloading deliveries and packing groceries for people in need.
    Life in the Pandemic

    How Nonprofits Are Helping Workers Cope With Pandemic Fatigue

    By Jim Rendon March 9, 2021
    A year into the pandemic, nonprofit workers are struggling. Here’s what leaders and foundations can do to help.
  • Second Harvest Food Bank of Northwest North Carolina's staff organize produce supply amidst the COVID crisis.
    Grant Making

    Nonprofits Welcome Billions in Pandemic Giving but Wonder if Support Will Last

    By Alex Daniels March 3, 2021
    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.
  • Bookseller Lynn Aime makes a sale next to a sign that asks customers to help with their GoFundMe account inside the book store in Brentwood on September 10, 2020. Diesel, A Bookstore is trying to raise $400,000 to help it survive the economic downturn caused by the coronavirus pandemic. Since mid-March, sales drops have fluctuated 55% to 80%, yet its debt continues to mount. To date the GoFundMe account has raised over $75,000.
    Opinion

    How Our Foundation Is Helping Small Businesses Make It Though the Pandemic

    By Jane Wurwand March 2, 2021
    Providing no-strings-attached funding to neighborhood businesses will save jobs, bolster the local economy, and offer hope to struggling entrepreneurs. Now we need more grant makers to take on this task.
  • A person receives a vaccination against Covid-19 at a CORE mobile vaccination site in Los Angeles, California on February 24, 2021.
    Health and Safety

    Nonprofits Step Up to Bolster Covid-19 Vaccination Efforts

    By Emily Haynes March 3, 2021
    International aid groups, social service organizations, advocacy nonprofits and others are all doing what they can to ensure vaccines get to people of color, the homeless, and other people in need.
  • Bundles of Chicago Tribune Saturday editions are stacked for delivery at the Freedom Center.
    Opinion

    Pooled Journalism Funds Could Help Save Local Newspapers

    By Julie Sandorf March 3, 2021
    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.
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