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From: Philanthropy Today
Subject: Capital Campaigns Aren’t Just for Big Orgs
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After removing references to systemic racism and DEI from their websites, two national housing nonprofits won back a total of $60 million in federal aid they had lost under President Trump’s executive order barring aid to groups that advance diversity. The nonprofits, Enterprise Community Partners and the Local Initiatives Support Corporation, asked the U.S. Department of Housing and Urban Development to restore the funds after they demonstrated they had made changes. Kasey Lovett, a HUD spokesperson told Bloomberg, that “the department was pleased that corrective measures were taken to ensure taxpayer dollars were being used to carry out the program’s intended purpose.” (Bloomberg)
With Elon Musk’s exit from the White House, the billionaire may turn more of his focus — and fortune — to preparing for threats to humanity that may be millions of years in the future. Musk has not made philanthropy a hallmark of his career. But a New York Times profile, for which Musk did not comment, speculates that much of his work will be fueled by the philosophy of “longtermism,” whose proponents argue that “preparing for species-ending risks like a massive asteroid strike or global nuclear annihilation outweighs addressing poverty or starvation for a few hundred million current people.” (New York Times)
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