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#GivingTuesday Can Be More Than An Ask...

Lots of nonprofits ask for donations on #GivingTuesday but there are plenty that also use the annual day of giving as an opportunity to thank donors. Some of them even have found that to be a great fundraising opportunity. Last year, Indianapolis, Ind.-based Second Helpings aimed to thank 1,500 donors on #GivingTuesday. In the process […]

Chick-fil-A Foundation Ends Commitments To Two Anti-LGBTQ Groups...

The Salvation Army is pushing back after the Chick-fil-A Foundation announced it would cease funding it and the Fellowship of Christian Athletes after pressure from LGBTQ organizations. The Chick-fil-A Foundation referred all calls regarding its funding priorities for 2020 to its website. The person answering the phone, identified only as “Dante,” read a few sentences […]

Good360 Launching Regional Distribution Centers...

Product philanthropy nonprofit Good360 is launching Regional Operating Centers (ROCs) for in-kind donation distribution. The intention is to bolster network capacity to receive product donations in large and frequent volumes and disseminate them based on need. Funded by Good360 via a $1 million grant from Walmart, two new ROCs will open this fall, serving the Baltimore, […]

Despite Volatility, Endowments, Foundations Optimistic...

Only 14 percent of nonprofits running endowments and foundations expect a recession within the next two years while barely 1 in 10 (11 percent) have made no adjustments to their portfolio’s risk exposure. Despite that, a slowdown in economic growth poses the greatest threat to short-term performance, according to almost half of respondents (46 percent) […]

Impact Investing Catching On With Family Foundations...

The number of family foundations engaged in mission and impact investing has doubled since 2015, with more foundations planning to institute or expand it. Family foundations created since 2010 are much more likely to use program-related investments and other mission-related or impact investing approaches, according to Trends 2020, the second national benchmark survey of family […]

Grant Thornton Launches Funding For Emerging NPOs...

Accounting and advisory firm Grant Thornton LLP has launched Purple Paladins – a national program that provides nonprofits with funding, business advice and volunteer support, while also helping them share their stories with thousands of people. The firm and its professionals kicked off Purple Paladins by surprising their first recipient — Chicago nonprofit Coming Up Rosies — […]

Big Donors Need Bigger Commitment From Nonprofits...

Major donors are becoming more important for charities as the number of smaller-dollar donors declines. And, big gifts from donors are preferred by nonprofit leaders, as compared to foundation funding. “Crucial Donors: How Major Individual Givers Can Best Support Nonprofits,” released today by The Center for Effective Philanthropy (CEP), delves into survey results of nonprofit […]

Returns on Foundation Investment Dived In 2018...

Private and community foundations had negative returns on investments during 2018 (-3.5 percent) compared to double-digit gains (15 percent) in 2017. According to new data from the 2018 Council on Foundations-Commonfund Study of Investment of Endowments for Private and Community Foundations® (CCSF), community foundations participating in the study reported an average negative return of 5.3 […]

Obama Foundation Selects First President...

Former Deputy National Security Advisor for International Economics and Deputy Director of the National Economic Council Adewale “Wally” Adeyemo will join The Obama Foundation in Chicago as its first president. Adeyemo will manage the foundation’s day-to-day operations, helping to implement the organization’s overall strategic goals and vision. During the past several years, the Obama Foundation, […]

Y Fitness Centers To Close in Sarasota...

Two Sarasota Family YMCA fitness centers will close permanently next month after operating at a financial loss for the past several years, the organization announced. The fitness centers are the Evalyn Sadlier Jones Branch at Potter Park Drive and the Frank G. Berlin Sr. Branch on South Euclid Avenue in Sarasota, Fla. The YMCA’s board […]