> Skip to content
FEATURED:
  • America's Favorite Charities
  • Nonprofits and the Trump Agenda
  • Impact Stories Hub
Sign In
  • Latest
  • Commons
  • Advice
  • Opinion
  • Webinars
  • Online Events
  • Data
  • Grants
  • Magazine
  • Store
    • Featured Products
    • Data
    • Reports
    • Collections
    • Back Issues
    • Webinars
    • Featured Products
    • Data
    • Reports
    • Collections
    • Back Issues
    • Webinars
  • Jobs
    • Find a Job
    • Post a Job
    • Career Advice
    • Find a Job
    • Post a Job
    • Career Advice
Sign In
  • Latest
  • Commons
  • Advice
  • Opinion
  • Webinars
  • Online Events
  • Data
  • Grants
  • Magazine
  • Store
    • Featured Products
    • Data
    • Reports
    • Collections
    • Back Issues
    • Webinars
    • Featured Products
    • Data
    • Reports
    • Collections
    • Back Issues
    • Webinars
  • Jobs
    • Find a Job
    • Post a Job
    • Career Advice
    • Find a Job
    • Post a Job
    • Career Advice
  • Latest
  • Commons
  • Advice
  • Opinion
  • Webinars
  • Online Events
  • Data
  • Grants
  • Magazine
  • Store
    • Featured Products
    • Data
    • Reports
    • Collections
    • Back Issues
    • Webinars
    • Featured Products
    • Data
    • Reports
    • Collections
    • Back Issues
    • Webinars
  • Jobs
    • Find a Job
    • Post a Job
    • Career Advice
    • Find a Job
    • Post a Job
    • Career Advice
Sign In
ADVERTISEMENT

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.

May 15, 2025
Share
  • Twitter
  • LinkedIn
  • Show more sharing options
Share
  • Twitter
  • LinkedIn
  • Email
  • Facebook
  • Copy Link URLCopied!
  • Print

From: Philanthropy Today

Subject: Will Trump Cuts Cause Credit Crunch for Community Lenders?

We're sorry. Something went wrong.

We are unable to fully display the content of this page.

The most likely cause of this is a content blocker on your computer or network.

Please allow access to our site, and then refresh this page. You may then be asked to log in, create an account if you don't already have one, or subscribe.

If you continue to experience issues, please contact us at 571-540-8070 or cophelp@philanthropy.com

  • The Puerto Rican restaurant Chef Nieves, in Wimauma, Fla., received financial support from the organization Enterprising Latinas, a partner of the National Association for Latino Community Asset Builders.
    Community Lending

    Community Lenders Fear Tightening of Credit With Trump Cuts

    By Alex Daniels May 15, 2025
    President Trump’s proposed budget eliminates much of the federal CDFI Fund, which since 1994 has enabled community development nonprofits to support millions of small businesses and housing efforts. Smaller borrowers are most at risk.
  • FILE - Co-chair of the Bill & Melinda Gates Foundation Melinda French Gates smiles as she leaves June 23, 2023 the Elysee Palace in Paris.   (AP Photo/Christophe Ena, file)
    Grant Making

    Melinda French Gates Reflects on Legacy of Gates Foundation

    By Thalia Beaty, Associated Press May 13, 2025
    The true measure of success, she says, will come years after the grant maker shuts down, in how lives will have changed as a result of its work.
  • 1195100369
    Fundraising

    How to Treat Every Donor Like They Matter — and Keep Them

    By Allison Fine March 18, 2025
    Here are tips to engage small-dollar donors beyond simply asking for gifts, including ways to use AI to make outreach feel more personal.

WEBINARS

  • 061225-Securing Large Grants - Graphics_COP_newsletter_Plain.jpg

    Today: June 12 at 2 p.m. ET | Register Now

    May 9, 2025
    Attracting six-figure grants can be a game changer for nonprofits — offering the kind of funding that fuels growth, strengthens infrastructure, and drives long-term impact. Join us for Securing Large Grants: Strategies That Work to learn what it takes today to win major grants. Our speakers will walk through key steps for securing big grants — including how to position your mission, communicate your vision, and engage funders as long-term partners.

ONLINE FORUMS

  • NewsletterPlain-600x500.png

    Today: June 11 at 2 p.m. ET | Register Now

    Nonprofit leaders face big challenges. Figuring out how to make revenue forecasts amid great economic uncertainty may be among the thorniest. Join us for Planning Amid Disruption: Navigating Tariffs, Recession Fears, and More to learn how to prepare budgets based on different scenarios. Kristine Alvarez of the Nonprofit Finance Fund, Myal Greene of World Relief, and Laurie Wolf of The Foraker Group will share their expertise.

Nonprofit News From Elsewhere Online

Facing a loss of nearly $3 billion in federal grants and contracts for research, Harvard University is pulling $250 million out of its general fund to fill in some of the gaps. University president Alan M. Garber has also announced he will take a 25 percent pay cut. Nine agencies have frozen funding to Harvard, at the behest of the Trump administration’s task force on antisemitism, and the university has sued the administration in turn. Garber and the university’s provost told the Harvard community that the infusion is meant to help the university weather a transition period as it searches for other sources of funding. The move comes as Congress considers legislation that would place an additional tax on nonprofit leaders’ annual compensation greater than $1 million. The university has not disclosed Garber’s salary, but his predecessors each earned roughly $1 million a year. (Boston Globe)

Elon Musk’s DOGE team unsuccessfully sought to embed a member with the Corporation for Public Broadcasting the day after President Trump attempted to fire three members of the corporation’s board in April. CPB’s executive vice president and general counsel rebuffed DOGE’s overture, explaining in a letter that because the CPB is an independent agency, “neither DOGE, the GSA, nor any other component of the executive branch has any role supervising or having any activity relating to CPB.” The corporation is suing the administration over the attempted firings, and it argues that a subsequent executive order to end federal funding for the organization is also illegal. (NPR)

  • Background from the Chronicle: First, the Vera Institute of Justice Lost Its Federal Grants. Then DOGE Called

More on Trump vs. Harvard

  • Opinion: Hurting Harvard and MIT Doesn’t Help America (Boston Globe)
  • Harvard Funding Cuts Approach $3 Billion as More Federal Agencies Join Trump’s Pressure Campaign (Boston Globe)
  • Harvard Adds to Legal Complaint Against Trump Administration (New York Times)
    • Background from the Chronicle: Harvard, Public Trust, and a Warning for the Nonprofit Sector

Big Philanthropy

  • Opinion: The Boom Years of Global Charity Are Over. What Comes Next? (New York Times)
  • Opinion: Is The Era of the Benevolent Billionaire Really Over? (Fast Company)
    • Background from the Chronicle: The Gates Foundation, the World’s Biggest Philanthropy, Announces Plans to Shutter in 2045
  • Abigail Disney Urges Donors to Be Braver About Their Giving and Shouldering More Risk (Associated Press)

Federal Cuts, Tax Threats

  • Nonprofits Face Higher Taxes in GOP Bill (Barron’s— subscription)
  • Republican Tax Provision to Punish ‘Terrorism Supporting’ Nonprofits Slammed by Critics (Guardian)
  • Judge In R.I. Halts Trump Order Targeting Agencies Supporting Libraries, Museums, and Minority-Owned Businesses (Boston Globe)
  • Opinion: Every Good Authoritarian Knows Art Is Dangerous. That’s Why Trump Is Gutting the NEA. (Boston Globe)
    • Background from the Chronicle: Nonprofits and the Trump Agenda

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

  • FILE - The Capitol is seen in Washington, March 25, 2025. (AP Photo/J. Scott Applewhite, File)
    Government and Regulation

    House Republicans Look to Help Trump Strip Tax-Exempt Status of Nonprofits He Says Support Terrorism

    By Alexa St. John and Matthew Daly, Associated Press
    Some nonprofits say it’s an arbitrary standard to financially punish charities that advocate for issues that don’t align with his agenda.
  • A sign is seen outside of Seminole Hospital District offering measles testing on Feb. 21, 2025, in Seminole, Texas.
    Opinion

    Federal Public Health Funding May Soon Evaporate. Here’s How Philanthropy Should Prepare

    By Mitch Stripling
    While grant makers can’t make up the budget shortfall, they can coordinate fast, local action when federal help falls short.
  • A close-up beauty shot of the U.S. Capitol building against a bright blue sky.
    Government and Legislation

    Tax Bill Takes Shot at the Largest Foundations and Universities

    By Ben Gose
    Taxes could top hundreds of millions per year at the Gates Foundation and others.
ADVERTISEMENT
ADVERTISEMENT
  • Explore
    • Latest Articles
    • Get Newsletters
    • Advice
    • Webinars
    • Data & Research
    • Podcasts
    • Magazine
    • Chronicle Store
    • Find a Job
    • Impact Stories
    Explore
    • Latest Articles
    • Get Newsletters
    • Advice
    • Webinars
    • Data & Research
    • Podcasts
    • Magazine
    • Chronicle Store
    • Find a Job
    • Impact Stories
  • The Chronicle
    • About Us
    • Our Mission and Values
    • Work at the Chronicle
    • User Agreement
    • Privacy Policy
    • California Privacy Policy
    • Gift-Acceptance Policy
    • Gifts and Grants Received
    • Site Map
    • DEI Commitment Statement
    • Chronicle Fellowships
    • Pressroom
    The Chronicle
    • About Us
    • Our Mission and Values
    • Work at the Chronicle
    • User Agreement
    • Privacy Policy
    • California Privacy Policy
    • Gift-Acceptance Policy
    • Gifts and Grants Received
    • Site Map
    • DEI Commitment Statement
    • Chronicle Fellowships
    • Pressroom
  • Customer Assistance
    • Contact Us
    • Advertise With Us
    • Post a Job
    • Reprints & Permissions
    • Do Not Sell My Personal Information
    • Advertising Terms and Conditions
    Customer Assistance
    • Contact Us
    • Advertise With Us
    • Post a Job
    • Reprints & Permissions
    • Do Not Sell My Personal Information
    • Advertising Terms and Conditions
  • Subscribe
    • Individual Subscriptions
    • Site License Subscriptions
    • Subscription & Account FAQ
    • Manage Newsletters
    • Manage Your Account
    Subscribe
    • Individual Subscriptions
    • Site License Subscriptions
    • Subscription & Account FAQ
    • Manage Newsletters
    • Manage Your Account
1255 23rd Street, N.W. Washington, D.C. 20037
© 2026 The Chronicle of Philanthropy
  • twitter
  • instagram
  • youtube
  • facebook
  • linkedin