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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. Philanthropy Today subscribers also get a bonus weekly email called Philanthropy Today — The Commons, about how America’s nonprofits and foundations are working to heal the nation’s divides.

March 31, 2021
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Subject: How the 10 Biggest Foundations Changed in a Year of Covid — and What’s Next

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  • NDLON member organization, Building One Community in Stamford, Conn. distributes cash assistance to a worker impacted by the Covid-19 pandemic.
    Grant Making

    How the 10 Biggest Foundations Changed in a Year of Covid — and What’s Next

    By Alex Daniels and Michael Theis
    A Chronicle review found that only a handful of the wealthiest grant makers are ready to commit to increases in grant distributions or providing continued flexibility.
  • Hand painted and crafted signs which include one that has a back power fist and another that says, "Vote for Change" lay on the ground at Cadman Plaza, Brooklyn New York waiting for protesters to claim one that speaks to them.
    Takeaways From a Pandemic Year

    Sharing Power and Curbing Racial Inequities: How Grant Makers Can Commit to Real Change a Year After Covid

    By Tonya Allen, Kathleen Enright, and Hilary Pennington
    A year ago today, foundations and donors committed to new ways of operating to help organizations survive the health and economic crises. In 2021, there’s much more for all of us to do.
  • People take part in a rally against hate and the rising violence against Asians living in the U.S., at Columbus Park in the Chinatown section of the Manhattan borough of New York, on Sunday, March 21, 2021.
    Individual Giving

    Donations for Asian American Groups Surge After Killings

    By Haleluya Hadero
    Donations and pledges to Asian American and Pacific Islander groups have spiked since the March 16 shooting in Atlanta that killed eight people, including six women of Asian descent, and brought renewed attention to violence against Asian Americans.
  • Kindergartners, including Destin Saley, right, space out at tables during class Tuesday, Jan. 19, 2021 at Park Brook Elementary School in Brooklyn Park, Minnesota.
    Grants Roundup

    2 Commitments of $100 Million Address Racial Wealth Gaps and Accelerate Covid Research

    By M.J. Prest
    Plus, see below for more about the gift to address the wealth gap. Also, the Conrad Prebys Foundation awards $78 million in its first round of grant making.

Nonprofit News From Elsewhere

Minnesota’s Bush Foundation will invest $100 million in efforts to close the wealth gap between whites, on the one hand, and Black people and Native Americans on the other. By making grants so people can start a business, buy a home, or attend college, the foundation hopes to build wealth in communities living with the legacies of slavery, Jim Crow, and land confiscation. On average, the net worth of Blacks and Native Americans amounts to pennies for the dollar of the net worth of white people. The foundation is looking for organizations to distribute the grants, which will go to people in Minnesota, the Dakotas, and 23 Native nations. It is committing another $50 million to a broader range of racial or minority groups to address systemic issues that feed the wealth gap. (Pioneer Press)

Food banks, which have faced the Herculean task of feeding the surge of people in need during the pandemic, warn the hunger crisis will persist longer than the scourge of Covid. Amid challenging new safety protocols and logistical complications, food banks handed out about 50 percent more food in 2020 than in 2019. Feeding America’s 200 food banks gave away 6.1 billion pounds of food from April through December last year, compared with 4 billion in the same period in 2019. Along with sending food, many food banks made grants to smaller distributors, such as food pantries and soup kitchens, for new refrigerators and the resulting higher utility bills, for example. The Greater Chicago Food Depository kept its network of 700 sites running this way, but the organization’s director worries that donors will drift away once the immediate crisis seems to have passed. (New York Times)

Plus: In a Suburban Parking Lot, a Portrait of Unyielding Need at a Food Giveaway (Washington Post)

More News

Detroit Institute of Arts Board Members Resign in Dispute Over Controversial Director (Detroit News)

Corporations Are Working With Social Media Influencers and Nonprofits to Cancel-Proof Their Racial-Justice Efforts (Washington Post)

Top 100 Art Museums Revealed as Attendance Drops by 77% Worldwide (Art Newspaper)

Heavy Cartel Presence Doesn’t Deter Border Nonprofit From Helping Stranded Migrants (Border Report)

Billionaire Names 4 Everyday Citizens Who Will Get a Chance to Go to Space — and Raises Money for St. Jude (New York Times)

Questions Raised About Link Between Bloomberg Donations and Getting His Media Business Employees Vaccinated (New York Times)

Editor's Picks

  • money-up-arrow.jpg
    Finance and Revenue

    5 Economic Indicators That (Mostly) Point to a Brighter Year for Nonprofits

    By Dan Parks March 30, 2021
    It’s been a hard 12 months for nonprofits and much uncertainty still lies ahead, but expert say there many guideposts that can help determine what kind of fundraising performance to expect in 2021 and beyond.
  • DharButterfield-032621
    Opinion

    Philanthropy Needs to Prepare Itself for a World Powered by Artificial Intelligence

    By Vilas Dhar and Kay Firth-Butterfield March 30, 2021
    Incorporating A.I. tools into all programs and ensuring they are used for social good should be a priority for every foundation, not just those focused on technological innovation.
  • In this April 11, 2018 photo, a high school student uses a vaping device near a school campus in Cambridge, Mass.
    Giving

    Bloomberg’s Millions Funded an Effective Campaign Against Vaping. Could It Do More Harm Than Good?

    By Marc Gunther March 23, 2021
    In September 2019, Michael Bloomberg, the billionaire philanthropist, and Matthew Myers, president of the nonprofit Campaign for Tobacco-Free Kids, unveiled a $160 million, three-year campaign to end what they described as an epidemic of e-cigarette use among kids.
  • Donor-Advised Funds Navigate a Deluge of Year-End Gifts and Grants 1
    Opinion

    Do the Math: Foundations Can Afford to Advance the Nation’s Covid Reset

    By Aaron Dorfman and Ellen Dorsey March 24, 2021
    Solving big problems revealed by a year of cascading crises demands a surge in grant making. Fortunately, endowments have swelled enough in the past year to enable steady increases in giving.
  • 100 dollar banknote in human hands
    Making the Case

    How to Get Past the Discomfort of Fundraising

    By Andy Brommel March 23, 2021
    We love and celebrate philanthropy, yet we can’t seem to shake the feeling that there’s something grubby about fundraising. Our discomfort with asking for money betrays a lack of confidence in the value of our work. Here are some ways to change that.
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