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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.

November 20, 2024
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From: Philanthropy Today

Subject: Funding Drops, Layoffs, and Dark Clouds

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  • illustration of suspended workers hanging from strings as giant scissors cut them
    Nonprofit Finances

    Where Did the Funding Go?

    By Jim Rendon
    With revenues down and costs rising, a growing number of nonprofits are cutting budgets, laying off staff, and even closing their doors.
  • illustration of the US capitol building with red/blue background
    Legislation

    Nonprofits Oppose Bill That Would Give Treasury Unilateral Power to Revoke Tax-Exempt Status

    By Ben Gose
    Proponents say the bill is designed to punish nonprofits that support terrorist organizations. Critics worry it will give the executive branch the power to target ideological opponents.
  • photograph of the Land of Opportunity Scholarship Launch at U of Arkansas
    Grants Roundup

    J.B. Hunt Foundation Pledges $100 Million to U. of Arkansas for Scholarships

    By M.J. Prest
    Plus, the Bezos Day 1 Families Fund gave $110.5 million to 40 organizations to address homelessness, and the Hellman Foundation pledged $2.5 million to support women’s Olympic cycling programs.
  • Letters to the Editor

    Recent Article on Disaster Philanthropy Captures Why Prevention Is Key

    Grant makers should move beyond the immediate crisis response to also fund long-term preparedness.

WEBINARS

  • 011625_Donor Communications_COP_newsletter_Plain.jpg

    Today: January 16, at 2 p.m. ET | Register Now

    November 13, 2024
    Start the year off strong and set your fundraising efforts up for success. Join us for Donor Communications 2025: Create a Strong Plan. You’ll learn how to map out a plan to manage all your communications and campaigns so you can stay on track throughout the year, strengthen ties with key donors, and hit your goals.

FORUMS

  • NewsletterPlain-600x500 (1).png

    Today: December 10 at 2 p.m. ET | Register Now

    November 19, 2024
    Join us for the forum, A Perfect Storm? A New Administration, Stubborn Inflation, Fiscal Unease, to learn from Aisha Benson, Nonprofit Finance Fund, and Nonoko Sato, Minnesota Council of Nonprofits, as they explain how to plan for various scenarios, reduce risk amid fiscal uncertainty, and understand how grant making may shift.

Nonprofit News From Elsewhere Online

The Oregon Shakespeare Festival continues to reinvent itself as it emerges from one of the most challenging periods in its 90-year history. A year and a half after the departure of an embattled artistic director who sought to dismantle donor hierarchies and end the company’s reliance on “transactional philanthropy,” it is bringing back its perk-filled membership plan. It continues, however, to seek a wider audience, with targeted discounts and a spectrum of programming that includes untraditional approaches to the Bard. Like many theater companies around the country, the OSF is struggling to regain its footing after Covid closures, but it also saw donations drop during the short tenure of Nataki Garrett, a Black woman whose efforts to wean the festival off its dependence on older white donors alienated some longtime supporters. (Ashland News)

Background from the Chronicle: Race, Shakespeare, and a Theater’s Fight to Survive

In an episode that “matters in the broader fights over where to build more housing” around New York City, a Manhattan nonprofit weathered “brutal” opposition from neighborhood activists to develop an island of affordable housing on the Upper West Side. In an 11-story building where parking garages once stood, the West Side Federation relies heavily on local and federal subsidies to house older, formerly homeless, and low-income residents. Before it could start construction, though, the nonprofit had to make concessions to neighbors concerned about lost parking, congestion, and the potential effects of the project on a nearby school and park. (New York Times)

Background from the Chronicle: Affordable Housing: A Concern for Every Cause

More News

  • Cleveland Foundation Creates a City-Centric Investment Pool for Donors (Crain’s Cleveland Business)
    • Background from the Chronicle: New Leaders See Community Foundations as More Than a Philanthropic Bank
  • New Commission on Asian Philanthropy Seeks to Shape Region’s Giving (Devex)

Arts and Culture

  • Why the Weitzman, a Museum Of American Jewish History in Philadelphia, Tapped an Israeli as Its Next CEO (Jewish Telegraphic Agency)
  • Nonprofit-Run Discount Tickets Booth to Open in Philadelphia, Hoping to Boost Local Theaters (New York Times)
  • Phoenix Art Museum’s Curator Of Engagement Knows How to Create Community ‘In a Genuine Way’ (Arizona Republic)
  • A Jewish Doctor Was Forced to Treat Nazis. Now His Sons Reveal His Story Through a Special Donation. (South Florida Sun Sentinel)
  • Opinion
  • The Group Behind Project 2025 Has a Plan to Protect Jews. It Will Do the Opposite. (Forward)
  • President Trump and the Nonprofit Sector (Berkshire Edge)

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.

EDITOR'S PICKS

  • Chairs sit empty after Vice President Kamala Harris' election night watch party at Howard University in Washington on Nov. 6, 2024.
    Opinion

    Philanthropy, Like the Democratic Party, Needs to Reassess Its Priorities

    By Leslie Lenkowsky November 19, 2024
    To move forward during the second Trump term, funders must take a long, hard look in the mirror.
  • Amos House, a Rhode Island nonprofit supported by the Local Initiatives Support Corporation, offers a culinary arts education program as part of its mission to narrow racial health, wealth and opportunity gaps.
    Gifts Roundup

    MacKenzie Scott Gives $65 Million to National Community Development Group

    By Maria Di Mento November 18, 2024
    Plus, the University of Rhode Island landed a $65 million bequest for STEM scholarships, and Craigslist founder Craig Newmark gave $25 million to help U.S. veterans and their families.
  • North Christian Church in Columbus, Indiana, designed by Eero Saarinen in 1964.
    Place-Based Giving

    How 70 Years of Design Philanthropy Transformed a Midwestern City

    By Eden Stiffman November 19, 2024
    In Columbus, Ind., world-renowned architects such as Eero Saarinen and I.M. Pei were picked to design churches, fire stations, and more. The legacy of industrialist Joseph Irwin Miller remains vibrant today.
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