Giving to charity by U.S. households has been on the decline not only since the Great Recession but since the turn of the century: One out of two American households donated to charity in 2018 compared with two out of three in 2000. The Giving Environment: Understanding Pre-Pandemic Trends in Charitable Giving, a new study […]

A new coalition, The Justice and Mobility Fund, is heading an effort to help lift the economic fortunes and provide opportunities to people previously impacted by the criminal justice system. The coalition starts with an initial investment of $250 million, $145 million of which has already been distributed to nine organizations. It is a collaboration […]

Donations to two of the largest donor-advised funds (DAFs) have jumped in response to the coronavirus pandemic, calls for racial and social justice and economic uncertainty. Both the Fidelity Charitable and Schwab Charitable DAFs reported record distributions. Fidelity Charitable DAF donors recommended $4.3 billion in distributions during the first six months of 2021, a 27% […]

Feed the Children paid $1.87 million to former Congressman Julius Caesar “J.C.” Watts, Jr. as part of a settlement stemming from his brief tenure as CEO five years ago. The settlement was reached in July 2019 — the beginning of the fiscal year that ended June 2020. Feed the Children’s 289-page Form 990 for that […]

The United Way 211 network saw unprecedented volume in 2020 as a result of the pandemic, with more than 18.5 million telephone calls — a spike of 68% during a typical year, which normally sees 11 million phone calls. Most calls, web chats, and text messages are from people looking for help meeting basic needs […]

TIAA-CREF Individual & Institutional Services will pay $97 million in restitution to customers who were allegedly pressured to move their retirement investment accounts from low-cost employer-sponsored plans into higher-fee individually managed accounts that ultimately often didn’t perform as well. The New York City-based financial services firm provides investment services and financial products for individuals who […]

Comedian Mel Brooks famously quipped: “It’s good to be king” … comedically capturing public sentiment on leadership. That’s certainly the perception of CEOs, whether of a for-profit or nonprofit organization. As a former CEO of a well-known, national charity, I can tell you that in many ways, it is. Everyone always thinks of the benefits […]

The second postal rate hike of this year is on track to take effect at the end of next month following approval this week by the Postal Regulatory Commission (PRC). The United States Postal Service (USPS) filed notice with the PRC in May and the new rates will become effective Aug. 29, barring a legal […]

Almost 50 cultural nonprofits will have access to $30 million for strategic improvements to technology infrastructure through a commitment from Bloomberg Philanthropies that aims to help build audiences, increase fundraising, drive revenue, and deliver programming both virtually and in person. The Digital Accelerator Program will launch with an initial cohort of 46 nonprofits — 26 […]

Golf tournaments are as much a go-to for nonprofits as Michael’s Jordan’s fade away jumper or Wolfgang Puck’s spatula. For many golf enthusiasts, it provides them the opportunity to test their skills on famed courses, compete with other amateurs, and donate to a good cause.  And, while the cause itself is generally most important to […]

Younger socially-conscious individuals are increasingly offering their time to causes they care about, according to Influencing Young America to Act, a report from Cause and Social Influence. While 39% provided their contact information via a petition on a cause or organization’s website, and 28% signed a petition shared on social media, 22% offered professional services […]