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From: Philanthropy Today
Subject: Big-Gift Fundraising: What Works Now
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The Trump administration has stalled payments of at least $60 million for affordable housing projects nationwide. The money from the Department of Housing and Urban Development would go to small nonprofits, which would use it to pay construction costs and to attract private investors. A HUD spokesperson said “the department is consolidating some grants, while others remain,” but a contract termination letter from HUD said the contracts were canceled at the direction of the Department of Government Efficiency because they “were not in compliance” with Trump’s executive order targeting diversity, equity, and inclusion initiatives. (Associated Press)
The largest nonprofit in North Carolina’s Research Triangle is cutting about 150 jobs, adding to 200 layoffs it announced last month. RTI International, which conducts scientific research, gets significant grants from the U.S. Agency for International Development and the National Institutes of Health. In a statement, the organization said more “workforce changes” could be coming as “federal priorities” shift. RTI has an annual budget of more than $1 billion and gets most of its revenue from federal, state, and local governments. (Triangle Business Journal)
Background from the Chronicle: Nonprofits and the Trump Agenda
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