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.
From: Chronicle of Philanthropy
Subject: More Money and Momentum Fuel Police Accountability Work in Calif.'s Central Valley
We're sorry. Something went wrong.
We are unable to fully display the content of this page.
The most likely cause of this is a content blocker on your computer or network.
If you continue to experience issues, please contact us at 202-466-1032 or firstname.lastname@example.org
Funding Racial JusticeFaith in the Valley has been focused on racial justice in that area for many years, which allowed it to move quickly to expand programs as additional money came in 2020.
Letter to the EditorA report by Bank of America and the Indiana University Lilly Family School of Philanthropy doesn’t paint an accurate picture of how little the ultra-wealthy actually give.
TransitionsAlso, the co-founder of the Black Lives Matter Global Network Foundation is stepping down as executive director, and the interim CEO of the Washington Regional Association of Grantmakers will stay on permanently.
Nonprofit News From Elsewhere
Educational philanthropists Bruce and Martha Karsh are giving $50 million to the University of Virginia to create a center for the study of democracy. The university will match the gift, which the Karshes decided to make after former President Donald Trump’s refusal to accept his election loss and the subsequent attack on the U.S. Capitol. Bruce Karsh, who founded the Oaktree Capital Management investment firm, said the couple began to take the country’s civic health more seriously after the 2017 white supremacist march at U-Va., their alma mater. Melody Barnes, a former Obama administration official who will run the Karsh Institute of Democracy, said she aims to “bring together political leaders across the ideological spectrum” with historians, economists, scientists, educators, artists, and cultural leaders. (Washington Post)
Plus: GOP Leader of Idaho Senate Calls Idaho Freedom Foundation a ‘Huge Threat’ to Democracy (Idaho Statesman)
The Andrew W. Mellon Foundation is leading a plan to pour $125 million into the recovery of New York State’s arts industry. With smaller contributions from the Ford and Stavros Niarchos foundations, the Creatives Rebuild New York effort will give up to 2,400 artists a guaranteed monthly income. It will also pay 300 full-time salaries at small to midsize art organizations, which are often led by and serving people of color, one Mellon executive said. Before the pandemic hit, the state’s cultural organizations generated almost 500,000 jobs and about $120 billion. Half of those jobs have been lost across the state, 72 percent in New York City. Creatives Rebuild New York will name an advisory board, “to include artists, policymakers, researchers, and nonprofit leaders,” on July 1. (Artforum)
- Guaranteed Income Is Graduating From Charity to Public Policy (Vox)
- U.S. Taps Groups to Pick Asylum-Seekers to Allow Into Country (Associated Press)
- Opinion: Who Will Fill Eli Broad’s Philanthropic Shoes? How About Nobody? (Los Angeles Times)
- Gates Foundation Changes Could Bring Transparency and Accountability (Devex)
- With 12 Men Exonerated, the Force Behind Md.’s Innocence Project to Retire (Washington Post)
- The Coopermans Put Millions Into Philanthropy (Jewish Standard)
- Founder of China’s Meituan Donates $2.3 Billion Stake (Wall Street Journal — subscription)
- GOP Donor, Investor, Philanthropist Foster Friess Dies at 81 (Associated Press)
The WorkplaceLeaders are worried about how to handle questions about who’s vaccinated and whether inequities could be created by policies that allow employees freedom to choose whether to work remotely.
Philanthropy Has an Unparalleled Opportunity to Build an Equitable Global Health System — and Vaccinate the WorldThe Biden administration’s decision to waive intellectual property rights for the Covid-19 vaccine is a remarkable first step toward remaking a monopolistic, profit-driven system that is literally killing people. American philanthropy needs to join the growing global movement to create a new approach.
Diversity, Equity, and InclusionScott donated an eye-popping $5.7 billion in 2020. It’s become clear that the impact of her donations extends well beyond the organizations that received the gifts.
FundraisingDuring the crisis, midlevel programs increased online communications significantly. Going forward, fundraisers will need to recalibrate how much emphasis to put on digital, direct mail, and in-person events.