The Black Lives Matter Global Network Foundation (BLMGNF) generated $90 million in revenue $30 at a time during 2020, according to its Black Lives Matter 2020 Impact Report. The report offered a look at the finances and operations of the BLMGNF, as well affiliated organizations the Black Lives Matter Political Action Committee and Black Lives […]

COVID-19 and the shutdown have put the role of nonprofit boards in sharp focus. It’s a good time to reexamine your understandings and expectations of your organization’s board. What is it that boards actually do for a nonprofit? A good way to think about it is to remember the “required and elective” scheme. Boards are […]

More than 20 leaders from across the philanthropic, social and civic sectors launched Muslims in America: A Year of Learning for the Philanthropic Community. Inspired by an initiative led by Illinois’ indigenous community leaders which served as a turning point in philanthropic understanding and investment, this special launch event is hoped to accelerate the evolution […]

The Association of Fundraising Professionals (AFP) is the latest organization to sign on to an amicus curiae (“friend of the court”) legal brief to the Supreme Court of the United States, prepared by The Nonprofit Alliance, to prevent the disclosure of the IRS Form 990 Schedule B listing of a charity’s major donors and protect […]

Responding to the coronavirus pandemic, account holders at the National Philanthropic Trust (NPTrust) granted $4.47 billion to charities during 2020, an increase of 171% over 2019. Donors recommended 85,837 grants to nonprofits, across all 50 states and the District of Columbia, an increase of 37% compared to 2019. Grants increased in value and volume among […]

Colleges and universities were hit with increased costs due to coronavirus pandemic precautions just as revenue from enrollment dropped. As a result, many reached more deeply into their endowments to meet expenses during fiscal year 2020, which ended June 30, 2020, than they did in fiscal year 2019, according to the 2020 NACUBO-TIAA Study of […]

A fire ripped through the Hole in the Wall Gang Camp on February 12, destroying 30-year-old buildings dedicated to arts and crafts, cooking, creative writing and woodshop activities, as well as the camp store. The cause of the fire remains under investigation. Within a week the Ashford, Conn.-based camp, which was founded by the late […]

United Way Worldwide (UWW) installed the chair of its U.S.A. board, Neeraj Mehta, as interim president and CEO of the organization effective March 1. That’s the day current leader Brian Gallagher announced he will step down. Gallagher’s departure was announced on Feb. 9, a week after an investigation found that the Alexandria, Va.-based national office did […]

Fidelity Charitable distributed $9.1 billion in grants to 170,000 charities during 2020 – record highs for each. The donor-advised funds giant’s contributors recommended a record 2 million grants, also a record. Fidelity Charitable’s 2021 Giving Report showed a surge in giving came as the United States reeled from several events that focused attention on nonprofits. […]

The most significant driver of overall fundraising results during 2020 was donor retention. And, Canadian fundraising got hit a lot harder than those in the United States when it came to overall giving. Understanding the correlation between donor retention and growth in giving proved difficult when looking at the individual organization level due to the […]

A group of funders led by the J. Paul Getty Trust have banded together to support small- and medium-sized arts organizations. Under the heading The LA Arts Recover Fund, a dozen initial funders have raised $38.5 million. The fund’s grants will provide a minimum of two years’ operating support to Los Angeles County arts organizations […]