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From: Philanthropy Today
Subject: Today’s Megadonors Include New Names
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Meet the ‘Everyday Megadonor’: 2022’s List of Top Philanthropists Includes a Host of New NamesThe number of people worth at least $50 million has nearly quadrupled in the past decade. Meet the big givers hiding in plain sight.
Tips for Creating a Successful Young Professionals ProgramYoung professionals may not have a lot of money to donate, but they can offer their time, energy, and ideas. Here’s how several nonprofits in India get young people involved in their work.
Finance and Revenue
NRA’s Path to Recovery From Financial Woes Leaves It Vulnerable to New ProblemsThe National Rifle Association’s financial turnaround might seem to bode well for the organization, but a look below the surface shows ominous signs.
Build a Diverse Pool of DonorsMany fundraising leaders are figuring out how to build trust with donors who may be quite different than the people who supported their nonprofit a decade ago. Join this 75-minute webinar Thursday, March 23, at 2 p.m. Eastern (or on demand later) to learn how your nonprofit can tap into the generosity of donors of all backgrounds and broaden its support. You’ll get practical ways to create inclusive fundraising strategies that attract support from donors large and small. Sign up now.
Today: Using Data to Improve Online FundraisingDigital fundraisers can gain all sorts of insights from data about online campaigns. Whether its testing subject lines or social posts, analyzing email or newsletter open rates to see which messages resonate with supporters, or tracking people’s online engagement with your organization — data can take digital fundraising from good to great. Join us today, Tuesday, March 28, at 2 p.m. Eastern to learn from your peers how to make the most of digital data, even without a big budget. Sign up now.
Nonprofit News From Elsewhere Online
The federal government plans to divide up management of its organ-donor network, run by a single charitable organization since it launched 37 years ago. Hit by accusations of “fraud, waste, and abuse, corruption, even criminality” from at least one lawmaker, the system includes hospitals, laboratories, organ-collection nonprofits, and other services. It has been run by the United Network for Organ Sharing since the National Organ Transplant Act was passed in 1984. But 22 people die each day waiting for an organ, while racial disparities persist and geographical disparities grow. At the same time, organs are being damaged, discarded, or not even collected. In addition, a 2021 assessment found the nonprofit’s technology archaic. The new plan is to break up UNOS’s functions and bid them out to other nonprofits, update technology, install an independent board of directors, and make public data generated by the network. UNOS said it supports the plan and welcomes a competitive bidding process. (Washington Post)
After two years helping stand up the Emancipator, an online publication covering race in America, the Boston Globe is stepping away from the project. The Globe and Boston University’s Center for Antiracist Research were founding partners of the nonprofit Emancipator, named for a legendary abolitionist newspaper and launched in 2021 amid a newly fervent period of anti-racism protests. A spokesperson for the Globe said the paper had given the Emancipator “essential media start-up resources” and helped it build a foundation for growth. A top executive at the Emancipator said the arrangement was always for a two-year “runway,” with the possibility of an extension. The publication will operate within Boston University, which she said will help “ ‘streamline’ its fundraising efforts and operations.” (Nieman Lab)
- New England Public Media Cuts 20% of Its Staff (WBUR)
- $100 Million in Donations Later, First Niagara Foundation Signing Off (Buffalo News)
- New Foundation Will Distribute Opioid Trial Settlement Funds in W.V. (West Virginia Public Broadcasting)
- Inside the Italian Villa That Launched Some of the World’s Great Philanthropic Programs (Vox)
- The S.C. Player Taking Basketball to Girls in West Africa (New York Times)
Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup.
Trust in Science Has Eroded Since the Pandemic Began. How Should Philanthropy Respond?Both historical mistreatment of people of color and widespread misinformation have diminished confidence in medical science. Grant makers can foster a culture that acknowledges and addresses science’s imperfections.
Banking Failures Add to Growing Economic Uncertainty for NonprofitsFoundation grants and gifts from individuals could be at risk as nonprofits continue to struggle to pay wages that will keep workers from seeking other opportunities.
Diversity, Equity, and Inclusion
Fundraisers Question How Much Progress Has Been Made on DEIIn a Chronicle survey, 30 percent of respondents were somewhat or very dissatisfied with their organization’s diversity.
Leaders of Color
Racial-Justice Leader Who Left Her Job Alleging Racial Bias by Board Starts New NonprofitAnne Price, former head of Insight Center for Community and Economic Development, says the new group will focus on improving the economic conditions of Black women.
Entrepreneur Gave $50 Million to His Alma Mater. Now He’s Looking to Broaden His GivingAustin McChord started Datto, a data backup and security company, when he was a student at the Rochester Institute of Technology. Its success has fueled his philanthropy. Plus: See the rest of our special report on young donors challenging what it means to be a philanthropist.