Women Give 2021: How Households Make Giving Decision
Who decides about charitable giving in households? Researchers have asked this question for decades, but over the last year as the Women’s Philanthropy Institute has sought to add to this topic, the world has seemingly turned upside-down. Households across the U.S. and around the world continue to grapple with multiple overlapping crises: the COVID-19 pandemic, the resulting economic downturn, political turmoil, a renewed movement for racial and social justice, and the ever-present threat of climate change. Click here for more details.
New Effort Seeks to Make It Easy for Big Donors to Give to Small Charities Advancing Social Change
After failing to persuade Congress to force the wealthy to give more to charity during the pandemic, a group of rich donors is trying another tactic to urge their peers to give big: Steering them to three pooled funds that focus on causes in need. Click here for more details.
Airbnb Co-Founder Brian Chesky Gives $100 Million to Help Students Who Want Public Service Careers
Airbnb co-founder Brian Chesky is giving $100 million to the Obama Foundation for a scholarship program that aims to give college students pursuing careers in public service a leg up by reducing their student debt, providing money for travel, and connecting them to a network of leaders. Click here for more details.
How Can Philanthropy Curb Climate Change?
The ClimateWorks Foundation has been the most influential voice in climate philanthropy since it was started by three big foundations 14 years ago. It has made $1.3 billion in grants and has helped boost climate giving to new heights. Throughout most of its history, it has focused on changing the policies and practices of government and industries to decrease greenhouse-gas emissions through its grants, its own programs, or advising other grant makers. Click here for more details.
Capital campaigns and donor fatigue: combatting your fears
Capital campaigns are big undertakings, for both you and your donors. They’re the ultimate testing ground for your donor stewardship tactics, as you’ll be asking for quite a lot — extra-large gifts, multi-year commitments, feasibility study interviews, and more. And that’s on top of the increased asks you’ve likely made in these tumultuous recent years. Click here for more details.
Rockefeller Foundation Launches Ambitious $105 Million Effort to Produce Healthy, Climate-Friendly Food
The pandemic sent global hunger soaring, but now the war in Ukraine is making the problem far worse. Since Russia and Ukraine together supply 30 percent of global wheat exports, a big chunk of the world is losing access to food. Click here for more details.
International Review of Philanthropy and Social Investment
The International Review of Philanthropy and Social Investment is an interdisciplinary international journal for cutting and leading edge primary research on philanthropy and social investment. It is a project of the Centre on African Philanthropy and Social Investment at the Wits Business School in South Africa with wider perspectives. Aimed at the academic and research communities, it explores the emergent and developing field of philanthropy and social investment in Africa and beyond. The initiative is a response to both the research gap in the area as well as lack of a journal dedicated to this field of knowledge and practice. As a result, the journal combines full length academic articles and empirical experiences from practitioners, most of whom have vast knowledge which is seldom documented. Click here for more details.
Gates Foundation Plans to Sustain Higher Giving Level as It Appoints 3 Independent Board Members
he Gates Foundation’s new board members are Baroness Nemat (Minouche) Shafik, director of the London School of Economics; Strive Masiyiwa, chief executive of telecommunications company Econet Global; Thomas Tierney, co-founder and co-chair of the Bridgespan Group; and Gates Foundation CEO Mark Suzman. More years of big giving from the Bill & Melinda Gates Foundation are on the way, the foundation’s chief executive, Mark Suzman, told the Chronicle this week. Click here for more details.
Billionaire Couple Offers Money to an Unusual Beneficiary: Philanthropic Foundations
A prominent technology billionaire couple today made an unusual pledge: They are offering money to expand programs foundations have started that are demonstrating early success. Click here for more details.
Mother Cabrini Health Foundation Awards $140 Million for Health Needs in New York State
Among the recipients of the Mother Cabrini Health Foundation’s grant making is the Catholic Foundation for Brooklyn and Queens, which provides food to people in need through food pantries in its network and affiliate organizations. Also, the Gates Foundation and the Wellcome Trust have each pledged $150 million to the Coalition for Epidemic Preparedness Innovations, and four foundations have given $20 million to establish a nonprofit newsroom in Houston that will provide subscription-free access to local news coverage. Click here for more details.
11 Trends in Philanthropy for 2022
Workplaces and households of all types have adapted to the reality that COVID-19 is with us for the long haul. Remote work, online conferences, and pets and kids on video calls are now just part of our workdays. Once casual get-togethers with friends and family have become major decision points. Community participation has moved from the local library to the virtual breakout room. We may never go back. Click here for more details.
Walmart Heir Pledges $100 Million for Conservation of African Parks
Rob and Melani Walton pledged $100 million through their Rob and Melani Walton Foundation to help support environmentally protected areas in Africa. Of the total, $75 million will go toward endowing the nonprofit and $25 million will be used for immediate needs in the parks under the nonprofit’s management. African Parks is a conservation group in Johannesburg that manages 19 protected areas covering 14.7 million hectares in several African countries. Click here for more details.
Foundation President Talks About Why Investing in Arts Can Support a More Equitable Society
In the sixth episode of Giving Done Right, Season 2, the Center for Effective Philanthropy’s Phil Buchanan and Grace Nicolette talk with Elizabeth Alexander, poet and president of the Andrew W. Mellon Foundation. Click here for more details.
2021 Annual Review of South African Philanthropy
The IPASA 2021 Annual Review of South African Philanthropy provides valuable information on the nature, scope, achievements and challenges of some of the many hundreds of philanthropic organisations active in South Africa. Click here for more details.
Mutual-Aid Groups Ponder What’s Next
The U.S. Forest Service was trying to take inventory of all the groups that maintain green space in New York City, of which there were nearly 3,000 in 2007. About three-quarters were led by volunteers, roughly half were unincorporated, and more than a third had annual budgets of less than $1,000. Click here for more details.
Philanthropy Must Confront This Era of Catastrophe With a Moonshot Response
We are living in an age of catastrophe, and a business-as-usual response from philanthropy is not acceptable. Consider the crises of the past 18 months: the coronavirus pandemic, the assault on the U.S. Capitol, the intensification of destructive climate events. These are not anomalies. They are instead symptoms of deeper challenges that threaten the social order, including global warming, the unraveling of democratic norms and institutions, the rise of authoritarianism, and a growing refugee and migrant crisis. Click here for more details.
Chicago Couple Give Northwestern U. $480 Million Gift
Patrick and Shirley Ryan are giving Northwestern University $480 million to back education and research programs in applied microeconomics, business, digital medicine, neuroscience, and global health, plus translational research efforts at Northwestern University Feinberg School of Medicine, Northwestern officials announced on Wednesday. Some of the money is earmarked to pay for renovations of Ryan Field, the university’s sports stadium, and other building projects. Click here for more details.
Most ‘Social Donors’ Say They Will Be Ready to Resume In-Person Fundraising Events Soon
A majority of donors who previously participated in fundraising events, giving days, or peer-to-peer campaigns say they will again feel comfortable attending in-person fundraising events in the next several months, so long as certain conditions are present. Click here for more details.
The Ripple Effects of MacKenzie Scott’s Philanthropy
MacKenzie Scott donated an eye-popping $5.7 billion in 2020. Her giving was unrestricted, with few reporting requirements. Over time, it’s become clear that the impact of her donations extends well beyond the organizations that received the gifts. Click here for more details.
Tips for Adopting a Trust-Based Philanthropy Approach
If you work in philanthropy, odds are that you have heard some buzz about trust-based philanthropy. While the approach isn’t necessarily new, it was catapulted into the national spotlight early last year, when the onset of a global pandemic pushed many in philanthropy to recognize the importance of trusting the leadership of nonprofits and communities. In fact, 800 foundations signed a pledge to adopt more trust-based practices in order to move money more quickly and with fewer restrictions. Click here for more details.
Doing More by Doing Less: A Call to Rethink Philanthropy
The idea for Letting Go, a book we recently published on impact investing and participatory grantmaking, came out of a conversation we had at a conference in 2019, one of the last we attended before the pandemic turned the world virtual. The conference was held in an immense former stock exchange in Europe; the main hall was filled with foundation leaders and venture capitalists who had paid upwards of $1,500 to mingle and learn about the latest trend in philanthropy, impact investing. Click here for more details.
Social impact bonds fund welfare projects: how South Africa’s first two have done
Social impact bonds are a financing model for social welfare services based on “payment by results”. They are relatively new: the first was launched in the UK in 2010, and the first in a developing country in Colombia in 2017. Nearly 140 have been launched in the last 10 years. About 70 are being developed. Click here for more details.
Covid-19 Lessons Can Transform The Effectiveness Of Corporate Philanthropy In Africa
It has long been accepted that Africa is in dire need of a paradigm shift, or a systems reset, in order to equip and enable its people to address the long-standing challenges she continues to face. Covid-19 was a stark reminder of this reset imperative and, despite the many social, health and economic difficulties the pandemic created, it also raised awareness of the potential that exists across Africa for impactful, transformative intervention, delivered through a shared purpose and a unified vision of a better tomorrow for all. Click here for more details.
SIX WAYS PHILANTHROPY ADAPTED TO A WORLD IN CRISIS
Philanthropy has been a moveable feast over the last year, responding to the bushfires and COVID-19. Against a troubled backdrop, philanthropy has adapted and changed dramatically. The impacts have been felt in all facets of the field, from relationships to Indigenous communities and the arts through to the emergence of new best practices. Click here for more details.
Grapevine And Philanthropy Together Launch A New Global Giving Circle Directory Set To Support Millions In Giving Back Boldly
A year ago in April of 2020 Americans were grappling with the early impact of Covid-19 on their lifestyles, careers, and families. As the country slowly shut down state by state, many people turned inward, reflecting and living intentionally with their immediate family. Some took to online communities, joining digital church services, participating in online gaming or networking in new virtual professional communities. Click here for more details.
Understanding and Tapping Into Donor-Advised Funds
Money continues to flow into donor-advised funds at a record-setting pace. Donors to Fidelity Charitable put $14 billion into their accounts last year, and just over $9 billion was directed to charities, the group recently reported. Click here for more details.
For All of Us in Philanthropy, the Moment of Rebuilding Is Here
Last year I spent the first Passover of the pandemic quarantined in my bedroom racked with a fever and body aches. Assuming it was Covid, I self-isolated, leaving my family to figure out how to shop, cook, and lead a Zoom seder. My husband and kids are still convinced I was faking it just to get out of cooking. Click here for more details.
Nonprofits Use Technology to Leverage Golf Fundraisers amid Pandemic
With the pandemic lingering into spring and summer, many nonprofits are weighing the pros and cons of virtual and adapted fundraisers heading into event season. Meanwhile, the golf industry has seen a massive boon in participation due to the sport’s outdoor setting and innate social distancing. So while in-person fundraisers have been unable to safely and responsibly continue amid COVID-19, golf tournament fundraisers are on the rise, thanks in large part to technology. Nonprofits of all sizes have leaned on technology to conserve resources, capture crucial donor data, maximize sponsor support, and advance peer-to-peer initiatives. Click here for more details.
Telling My Truth as a Black Woman Made Me a Better Grant Maker
Late last year, the William and Flora Hewlett Foundation completed a $15 million grant-making round in support of Black lives. In a surprising demonstration of Black-led decision making, I was invited to co-lead the project and design a nomination and voting process for our staff to decide how to distribute the funds. Click here to read more.
3 ways to decolonize philanthropy right now
The events of 2020 reinforce how desperately a paradigm shift is needed in philanthropy if it hopes to create more durable solutions to the world's most complex challenges. The COVID-19 pandemic revealed how important it is to have agile, innovative organizations capable of responding quickly to shifting local contexts. At the same time, the reawakening of the social justice movement in the United States crystallized what happens when people are chronically underrepresented and left out of decisions that affect their lives. Click here for more details.
Ford Foundation Commits Another $1 Billion in Flexible Grants to Fight Inequality
In a stunning move to signal to the philanthropy world that providing general support grants to nonprofits built by women, people of color, and others is a successful strategy for closing the inequality gap, the Ford Foundation announced on Wednesday that is pouring another $1 billion into an effort it started five years ago, In 2015, when the foundation announced all of its work would focus on closing the inequality gap, it put $1 billion into its Building Institutions and Networks Initiative, known as Build. Since then, it has made grants to nearly 350 nonprofits in the United States and globally. More than 60 percent of those groups are women-led nonprofits. Click here for more details.
COVID-19: An opportunity for strategic African philanthropy
If we understand philanthropy as the act of giving for the benefit of others – a practical expression of the Bantu term Ubuntu (humanity) – then the COVID-19 pandemic has brought out the best across the African continent. Whether it’s African billionaire Aliko Dangote donating half a million dollars to Nigeria’s coronavirus efforts or some of us purchasing canned goods to fill food parcels in our communities, there’s a sense that recovery from COVID-19 is everyone’s business. And although the number of COVID-19 cases is relative low as compared to the global average, Africa’ s high levels of poverty, overcrowded urban spaces and fragile health systems means the region is extremely vulnerable to the spread of the virus. Click here for more details.
What One Grant Maker Learned in This Pandemic Year: Keep Asking Questions
I did not intend to become a columnist for the Chronicle of Philanthropy, nor did I imagine becoming a cartoon character. I wrote a piece about my foundation’s initial response to the pandemic, and my friend and colleague Maria Mottola offered to illustrate it. (She is the executive director of the New York Foundation when she is not illustrating.) But we kept going because it turned out that writing helped me process the rapidly changing landscape of New York City — both at work and at home — and Maria’s drawings are so funny. Click here for more details.
The Pandemic Response Shows Why Charities, Not Governments, Are the Best Option for Those in Need
The Biden administration has positioned the federal government as the antidote to society’s biggest and messiest problems. Many in philanthropy are joining him, calling for an expansion of government programs to cover the services offered adeptly by local nonprofits during the health and economic crises. Click here for more details.
$300 Million Health Gift; $85 Million to Okla. Community Foundation
South Dakota banker Denny Sanford pledged $300 million to advance graduate medical education, including creating eight new graduate medical residencies and fellowships, and to expand the Sanford Sports Complex, a Sioux Falls, S.D., sports campus that will provide sports and recreational programs for youths. Click here for more details.
Diverse Donors to Watch: Blacks, Hispanics, and Other Often-Overlooked Supporters
Too often major-gift fundraisers ignore potential donors of color. That’s a big mistake. Roughly 14 percent of millionaires are people of color, and that number seems likely to grow as demographics keep changing. Here are a few philanthropists to keep an eye on. Click here for more details.
2 Years of Strong Fundraising Returns Projected, and 5 Other Giving Predictions
A recent report from the Lilly Family School of Philanthropy suggests a period of “broad philanthropic growth” is on the horizon for nonprofits over the next two years as the economy rebounds after the Covid pandemic. Click here for more details.
Donors in Trouble Pose a Quandary for Nonprofits
The Massachusetts Institute of Technology faced widespread criticism in 2019 when it became clear the university had accepted gifts from the financier and convicted sex offender Jeffrey Epstein. The right choice was obvious — the university never should have taken the money. But the topic of “tainted money” is rarely so clear-cut. Before accepting money from some of the people on the Philanthropy 50, the Chronicle’s ranking of the donors who gave the most money in 2020, fundraisers and charitable boards would be wise to explore the gray areas. Click here for more details.
Opinion: Stop Starving the Nonprofit Sector
For 20 years the philanthropic sector has increasingly focused its giving on big strategic initiatives – population level outcomes, systems change, influencing policy, etc. The underlying thinking is valid: We have limited resources so let’s focus on the levers we want to pull and outcomes we want to enable. Foundation leadership, boards, associations, and philanthropy supported organizations all jumped on the bandwagon and our nonprofit partners came along, willingly or begrudgingly. Click here for more details.
Dear Elon Musk: Here’s how you should donate your money
With his request for advice, Musk instantly became one of the most interesting philanthropists in the world. In 2012, he signed the Giving Pledge, promising to give away at least half his fortune during his lifetime. His for-profit endeavors, which include electric cars and private spaceflight, have won a following among consumers who have hailed their purported social and environmental impact as much as their private benefits. But on the whole, during Musk’s meteoric climb to become the richest man alive, his giving has been sporadic, scattershot, and somewhat unstrategic. Click here for more details.
Building a global community philanthropy database: hundreds of spreadsheets and lots of help from our friends
How can we call attention to organizations working to shift power to local communities? How can we provide up-to-date information on who’s doing what, where, in community philanthropy? How can we facilitate learning from and among community philanthropy organizations? Those were some of the questions a group of funders, researchers, and community philanthropy practitioners discussed in New York in early 2018. Click here for more details.
Four Almost-Free Things You Can Do To Help Nonprofits After You’ve Spent Your Grant Budget
If you are like most of my philanthropic clients, when COVID-19 hit, you jumped into action. You heroically provided additional funding to grantees, created or joined local crisis response funds to coordinate resources, extended grant deadlines, eliminated funding restrictions, and created free virtual trainings to help nonprofits, all while embracing new technology and learning to work remotely. Many of you accomplished this by working long hours each week. Click here for more details.
8 THINGS EVERY PHILANTHROPIST CAN DO TO CHANGE THE WORLD
Many funders are feeling defeated because their hard-fought five- or 10- year “strategic plan” has been obliterated, thanks to the shape shifting landscape of this new decade. Others are overwhelmed and anxious about the endless what-ifs of an uncertain future. No one’s giving up entirely (especially not you, I suspect), but everyone’s worn out—and wishing someone would just tell them the right next move. Click here for more details.
COVID-19 and philanthropy: How donor behaviors are shifting amid pandemic
In the span of only a few weeks, the COVID-19 pandemic has upended daily routines and impacted communities across the world in unprecedented ways. No corner of our society has been left untouched by the effects of the pandemic, including the nonprofit sector. Click here for more details.
Virtual Events Have Gotten Mixed Results
Just when fundraisers were counting on donors to come together and give big at galas and athletic events, the Covid-19 pandemic forced everyone to stay apart. “Our biggest events happen in March, April, May, and June,” says Sue Swan, chief development officer at the American Lung Association. These events — a mix of galas and activities like walks or stair climbs in office buildings — account for roughly 20 percent of the charity’s budget. Click here for more details.
How Hurricane Sandy Helped Nonprofits Prepare for Covid
On the night of October 29, 2012, Staten Island was hit by a storm surge from Hurricane Sandy that peaked at 14 feet, sending water as far as a mile inland. David Sorkin, then the CEO of the Jewish Community Center of Staten Island, couldn’t get into his offices for two days. Power was out. Homes flooded or were ripped from their foundations. Cars and boats littered streets where first responders searched for victims. Click here for more details.
New Campaigns Seek to Generate More Than $1 Billion for Women and Girls
Monique Morris, executive director of Grantmakers for Girls of Color, wants to both broaden the pool of donors to the cause and invite grassroots leaders to help decide how the money will be spent. Three new efforts to steer a total of more than $1 billion to women and girls have emerged less than six months after the Novo Foundation announced it would shutter two anti-violence and civil-rights programs. Click here for more details.
How Today’s Crises Are Affecting Young Donors’ Giving
Some young donors think it’s high time that philanthropists take a less arrogant approach to their giving and spend more time listening to charities that work to help those struggling the most right now and the people they serve. Click here for more details.
Philanthropic investments in education are among our most urgent priorities
It is a well-known fact that corporate social investment and private philanthropy in South Africa are heavily invested in education at all levels. This is not accidental, but is based on strategic decisions on what needs to be prioritised in the country in order to progress. Nelson Mandela once said “education is the most powerful weapon which you can use to change the world”. Click here for more details.
WINGS GLOBAL PHILANTHROPY RESOURCES HUB ON COVID-19
Pandemic information and resources for the philanthropy sector curated by the WINGS network, and its partners. Click here for more details.
Raise more money by leveraging donor motivation
What motivates donors to give? This is an important question, especially if you’re a nonprofit executive or fundraiser. Donors are the lifeblood of your organization; they allow you to execute your mission. Without your donors, you probably wouldn’t be in business. Stating the obvious: donors are a central component of any successful nonprofit. How we approach development is often driven by the kind of response we’re trying to elicit from donors. And the response we try to elicit depends on what we think motivates donors. Click here for more details.
In a pandemic, billionaires are richer than ever. Why aren't they giving more?
A decade ago, Bill Gates and Warren Buffett did an important thing. They organized the Giving Pledge to inspire their fellow billionaires to donate more money to charity. Revealed: super-rich donate to Cuomo as he rejects tax hikes for billionaires Read more On 4 August 2010, the first group of billionaires announced their intention to give away over half their wealth to charity. Over the last decade, they’ve been joined by many more. A decade later, however, two obvious problems have emerged. First, billionaire wealth has expanded at a phenomenal rate. Of the 62 living Pledgers who were billionaires in 2010, their personal wealth has increased by 95%, from $376bn to $734bn in 2020 dollars. https://www.theguardian.com/commentisfree/2020/aug/03/billionaires-pandemic-giving-super-richClick here for more details.
FUNDING TO UNIVERSITIES BY THE ROCKEFELLER FOUNDATION
The Rockefeller Foundation has a significant reputation for international commitments and support, today focusing on social and environmental actions that include improving access to electricity, food, healthcare and economic opportunity. A study of its giving between 2014-18 has revealed that 8% of its total giving ($788m) has gone to universities and higher education institutions around the world. Click here for more details.
7 Lessons Donors Can Learn From MacKenzie Scott’s Surprise $1.7 Billion Gift
On July 28, MacKenzie Scott surprised the world by announcing she had made $1.7 billion in donations to 116 nonprofit organizations. They were selected for the transformative work they were doing and to support leaders driving change in a variety of issues. Scott is the richest woman in America, with a net worth of about $62 billion. Her donations are noteworthy for many reasons, including that about one-third of them support racial equity, and many grants embrace movement building, advance democracy, and support collaboration. But you don’t have to be a billionaire to make an impact with your philanthropic giving. All donors can improve how they give. Regardless of whether you are giving away thousands, millions or billions of dollars, here are seven lessons you can learn from the MacKenzie Scott Philanthropy Playbook. Click here for more details.
MacKenzie Scott Showers $1.7 Billion on Nonprofits, Mostly Groups Fighting for Equity
MacKenzie Scott, ex-wife of Amazon co-founder Jeff Bezos, announced Tuesday that she has given away nearly $1.7 billion since last fall to 116 nonprofits, mostly to organizations devoted to equity that are led by women, minorities, and LGBTQ people. Scott signed the Giving Pledge last year; her ex-husband has not. Scott is the richest woman in America, according to Forbes, with a net worth of about $62 billion. She made today's announcement in a post on Medium, where she listed the amounts she's given to nine causes. She also listed the 116 organizations that received the money. "Unless organization leadership requested otherwise, all commitments were paid up front and left unrestricted to provide them with maximum flexibility," she wrote. Click here for more details.
Redefining modern philanthropy in a post-Covid-19 world
In the light of the unprecedented need created by Covid-19, NGOs and corporate social investment (CSI) programmes will be looking for ways to best utilise their resources, finances and people to build sustainable, ethical businesses with maximum impact. The needs, usually met by corporate donations, is exploding with hundreds of thousands of South Africans unemployed. The unemployment rate is expected to rise to 50% and the Department of Employment and Labour has paid out close to R6bn in Covid-related claims. Click here for more details.
‘These Extraordinary Times Call For Extraordinary Giving’: 12 Leaders In Women’s Philanthropy Speak Out
Over the past several years, we have seen women rising up in all kinds of powerful ways. In addition to the unprecedented surge of women running for office and organizing grassroots movements, women have also been exerting their influence through philanthropy, mobilizing their economic power and resources to create change by giving to myriad causes, campaigns and donor networks aligned with their values. Click here for more details.
6 Mistakes Philanthropists Make During A Crisis (And What They Can Do Instead)
Crises bring massive social, health and economic uncertainties, along with challenges and hardships. They also unleash unprecedented philanthropic leadership and opportunities for transformational social change. As a global philanthropy advisor for over 20 years, I see the unique position my clients are in to help their communities achieve transformational social change. Being an effective philanthropist requires letting go of what I call “delusional altruism”—all those ways of thinking and behaving that get in the way of forward momentum. Unfortunately, during times of uncertainty, many of these pitfalls become our defaults. So, regardless of what we are facing—a pandemic, natural disaster, cybersecurity attack, or something else—here are six common mistakes philanthropists make during a crisis, and what they can do differently. Click here for more details.
Netflix CEO donates towards historically black colleges
Netflix CEO Reed Hastings and his wife, Patty Quillin, announced on Wednesday 17 June that they have given US$120 million towards scholarships at historically black colleges and universities – the largest individual donation to the institutions to date, writes Kristi Sturgill for the Los Angeles Times. Click here for more details.
Large US Foundations Sell Bonds to Increase Grantmaking by $1.7 Billion Now
Readers may recall that back in March, NPQ began to call on foundations to double their grantmaking to allow the damage and social issues laid bare by the pandemic to be addressed. Some did increase their payouts, and some made statements justifying why they would not do so. Still, a group of foundations known for being very responsive remained relatively silent about any increase in their grantmaking. But now, in a move that may surprise many, the Ford Foundation has announced it will sell $1 billion of taxable bonds this month, essentially borrowing the money to make additional grants. This essentially will double the foundation’s payout over the next two years, in that Ford made $520 million in grants in 2019. Click here for more details.
Philanthropic Leadership Means Following the Frontlines
When we talk about “building the capacity” of frontline and grassroots leaders who are changing structures, policies, and systems, what does that really mean for funders? Many funders use antiquated and static systems of inquiry to identify and make judgements about which groups are well-equipped to achieve social change. The truth is that philanthropy holds a disproportionate amount of power; it serves as a gatekeeper for the resources that belong to our communities. And while the folks most impacted by any given issue—particularly frontline communities of color—hold the solutions and are in the best position to implement equitable systems change, our field continues to struggle with identifying and funding existing capacity on the ground. Click here for more details.
These Nine Individuals Are Transforming 21st-Century Philanthropy
Sunday, August 11, was the centenary of the death of the world's greatest philanthropist, Andrew Carnegie. The following day (August 12), nine present-day philanthropists were named as recipients of the Carnegie Medal of Philanthropy in recognition of their Carnegie-like commitment to charitable causes. The medal, which has been given out ten times since 2001, not only celebrates generous philanthropists, but those who espouse the values of the great man. Click here for more details.
20% of Young People Have Made a Charitable Donation to Address Inequality, Survey Shows
Twenty percent of young people have made a donation to address racial inquality, discrimination, or social injustice, according to a survey conducted around the time protests were breaking out nationwide over the death of George Floyd. That figure was the same for both whites and other groups, according to a report produced by Cause and Social Influence, which conducted the study of 18- to 30-year-olds. The organization produces research on how young Americans engage with social issues and movements. That 20 percent rate of giving is roughly double what the research group has found in other surveys in recent years. Click here for more details.
Help South Africa respond to this unprecedented crisis
The director of the WHO Regional Office for Africa warned that COVID-19 will spread rapidly throughout the African continent if immediate steps are not taken to contain it. While the pandemic poses a daunting threat to the developed world, this will likely pale in comparison to its impact on Africa, where many healthcare systems are much more fragile. Working with its local partners, the King Baudouin Foundation United States (KBFUS) is launching Emergency Response Funds for several African countries at risk of being dangerously impacted by COVID-19. Each one of these Emergency Response Funds will pool contributions from donors, and distribute their generosity to the nonprofits listed on the country page. These include local nonprofits working on the frontlines of their country's response - disseminating clear and factual information about the disease, working on prevention through access to water and soap, and providing much needed services to the most vulnerable groups, such as the poor and the elderly. Also listed are hospitals that will need additional beds, emergency equipment and basic supplies. Click here for more details.
Ford and Other Funds Issue $1.2 Billion in Debt So They Can Give More Now
The Ford Foundation and other top U.S. grant makers plan to give away substantially more this year and next with a plan that includes something exceedingly rare: issuing bonds to boost grant making. The plan also involves the MacArthur, Kellogg, Mellon, and Doris Duke foundations. Ford plans to issue $1 billion in debt in the form of 30- and 50-year notes, allowing it to distribute at least 10 percent of its assets over the next two years, Darren Walker, Ford's president, said in an interview with the Chronicle. The foundation had planned before the crisis to give about $550 million in grants this year. Click here for more details.
Philanthropy Is Facing an Existential Crisis (Podcast)
This episode of the Business of Giving podcast features Carmen Rojas, chief executive of the Marguerite Casey Foundation, which helps poor and low-income families She speaks with podcast host, Denver Frederick, about: • Incoming CEO of Marguerite Casey on sector challenges • The need to discuss ideology, power, and politics • Sector resources can only be effective if the system in which they operate changes Click here for more details.
How South Africa’s Corporate Social Responsibility Manager Can Remain Relevant In A World Of Corporate Retrenchment
One thing I know about the corporate world is that at the end of the day, it is results driven, unforgiving and shrewd. Most of my executive colleagues are studying for this or that course because they know that if they don’t, some junior with a better qualification will become their senior in an instant. The corporate world is driven by results. No matter how unfair Covid-19 has been to business this year, I can assure you that at the end of this year, boards will want results. You know it and I know it. Click here for more details.
Michiel le Roux donates R100m to Covid-19 efforts
Michiel le Roux, one of the founding directors of the hugely successful Capitec Bank, has donated R100 million to efforts to fight the impact of the Covid-19 pandemic on South Africa. Le Roux joins the ranks of other of the country’s wealthiest citizens such as Johann Rupert and the Oppenheimer family, who days before the lockdown was announced by President Cyril Ramaphosa, made major commitments to supporting small businesses cope with the devastating impact of the lockdown. Click here for more details.
How Philanthropy Can Best Support Nonprofits in a Pandemic
The Council on Foundations came together with experts in the philanthropic field to hear about what we can do to effectively support grantees and learn how foundations can build a sector that can weather this storm and future uncertainty. Philanthropy has begun responding, with promises of future grants, waiving reporting requirements, and providing increased general operating support and overhead allowances. And on March 19th, a group of philanthropic leaders launched A Call to Action: Philanthropy’s Commitment During COVID-19, a pledge to flexibility, listening, and learning with grantees. How can funders put these calls for changed grantmaking behavior and new ways of supporting grantees into action? Click here for more details.
LISTENING AND LEARNING FROM NONPROFIT PARTNERS DURING DISASTERS
More than 600 philanthropic organizations have committed to listening to their partners—especially to those communities least heard—and lifting up those voices to inform and influence their decision-making. At the same time, these organization recognize that the best solutions to the manifold crises caused by COVID-19 are not found within foundations alone. Click here for more details.
Fulfilling Philanthropy’s COVID-19 Pledge: Listening in a Time of Crisis
As COVID-19’s rapid spread has wreaked havoc on our sector, more than 550 foundations (at the time of writing) have signed a pledge to support our nonprofit partners and the people and communities hardest hit by the pandemic and associated economic impacts. The pledge includes eight commitments, ranging from being more flexible with timelines and reporting requirements to converting project grants to general support so that nonprofits can use the funds where they need them most. Click here for more details.
African and Jewish philanthropy merge to deepen the practice of giving among the youth
There are several African terms that embody the spirit of philanthropy. The South African term Ubuntu has come to mean many things but essentially translates to ‘I am because of you’. The Swahili term Harambee translates to ‘let’s pull together’ and is a popular rallying cry in Kenya. Ujamaa, another Swahili term meaning ‘familyhood’ was the basis for Nyerere’s post-colonial development model in Tanzania. And there are countless Nigerian terms that refer to savings schemes (usually run by women that serve as social safety nets) such as the ajo and susu. Click here for more details.
The Uncomfortable Paradox of Corporate Philanthropy
The recent $572 million ruling in Oklahoma against Johnson & Johnson for fueling the opioid crisis in the state through deliberately false marketing (and by implication, contributing to the deaths of thousands of people) highlights in a dramatic way how profit motives can bend the moral compass of an organization. Johnson & Johnson is a deeply philanthropic company, with their stated commitment to putting people first and caring and changing the trajectory of health for humanity. How ironic. Click here for more details.
6-Step Case Study in Raising $10MM for COVID-19 Relief
It’s easy to feel excluded from grantmaking opportunities during a time of crisis. Perhaps you feel that your mission doesn’t align with the prevailing narrative. Or perhaps you’re worried that you will alienate donors with an ask. Either way, hesitation is causing many nonprofits to miss out. Don’t let hesitation inhibit your pursuit of grants. Whether you are hemorrhaging revenue or responding to emergency needs, you most likely need large, more flexible grants now more than ever before. However, you can’t approach grants the same way you did before the pandemic. Extraordinary times call for extraordinary measures. Our clients have raised funds during this crisis because they approached donors in a new way. With our guidance, they have combined a vision for going forward and expertise in their fields to instill trust and confidence. This has yielded magnificent results. Click here for more details.
Six Ways Philanthropies Respond to Crisis
Philanthropy’s response to COVID-19 now more than $10 billion worldwide
The global philanthropic response to the COVID-19 pandemic has surpassed $10 billion (USD). To put this unprecedented commitment of institutional and individual philanthropy in perspective, the U.S. total alone of more than $6 billion is, according to Candid’s figures, more than double the entire campaigns for 9/11, the 2008 financial crisis, Hurricane Harvey, the Ebola outbreak, the Haitian earthquake, and the recent Australian bushfires. Click here for more details.
ELMA Commits ZAR2 Billion to COVID-19
The world is facing the greatest crisis of this generation: a global pandemic that is poised to devastate Africa if the international community does not take action. Without an appropriate global response, Africa will have 1 billion cases and 2.5 million deaths related to COVID-19. These staggering figures do not include deaths caused by a related collapse of health and other systems, or the economic impacts on vulnerable communities. Therefore, in order to fulfill the missions of The ELMA Group of Foundations, this crisis has prompted us to escalate our funding in support of the immediate needs of children, families, communities, and countries affected by COVID-19, and over time, to invest in repairing and rebuilding health and education systems, and critical safety nets to meet the needs of children in a post-COVID-19 world. Click here for more details.
The Grants Management Response to COVID-19: Part 2
Last week, we posted the first report in our series, detailing how grants management is evolving to meet rapidly changing needs. This week, we report on our first Community Conversation, Managing Responsive Grantmaking During the COVID-19 Crisis. It was a record-breaking virtual meeting for PEAK, with 370 members engaged in generous peer sharing and learning. Transformation is the new normal Responses to a series of snap polls illuminated the degree of transformation happening in just a few weeks: Click here for more details.
Americans Giving More to Health Causes Since the Pandemic and Cutting Back on Environment and Education
In the wake of the pandemic, more Americans say they want to support hospitals and health causes. They are holding back on giving to education and environment while continuing to support social services at the same rate they did in the past. Only 34 percent said they had given to a public-health clinic or nonprofit hospital in the 12 months before the pandemic. Since the coronavirus crisis, 50 percent said they either have given or plan to support a public-health clinic or hospital, according to the poll by Luth Research and the Nonprofit Institute at the University of San Diego’s School of Leadership and Education Sciences in partnership with the Chronicle of Philanthropy. Click here for more details.
Seven Ways to Increase Your Philanthropic Impact During COVID-19
With every challenge comes opportunity. None of us would have chosen this moment, but now that it’s here, we’re all forced to respond. We’re navigating new territory in our personal relationships. We’re focused on keeping ourselves, our communities and our vulnerable family members safe. We’re processing too much worrisome news. And, in philanthropy, we’re working for a better world at a time when the Richter-scale of need just shot into the stratosphere. Click here for more details.