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Nonprofit Leaders Say ‘Stop Protecting Endowments’...

Nonprofits that rely on gifts from individual donors or earned revenue are having a harder time during the COVID-19 crisis than those supported by foundation funding, according to a survey from the Center for Effective Philanthropy (CEP). At the same time, COVID-19’s impacts have been felt most deeply among nonprofits that provide direct services and […]

$1.7 Billion In Cash, Debt Committed To Stabilize Nonprofits...

Five foundations have committed to increase their payouts $1.7 billion within the next three years — mostly through issuing debt versus spending from endowments — to help stabilize nonprofits impacted by the coronavirus pandemic (COVID-19) and social injustice. The foundations participating in today’s announcement, followed by their anticipated commitment, are: Doris Duke Charitable Foundation, up […]

COVID Pushing UK Charity Shops To Go Younger...

National Citizen Service (NCS), a London-based program for young people in England and Northern Ireland, is urging participants to help staff the UK’s 9,500 charity shops as they reopen after the COVID-19 lockdown. The stores are due to start opening on June 15. Openings will be staggered throughout the United Kingdom. Charity shops largely rely […]

New Relief Umbrella Group Combines Nonprofits, For-Profits...

Corus International, a new non-government organization, has brought together a handful of nonprofit and for-profit entities. The organization operates under the theory that combined expertise provides more resources for global challenges such as climate change, health care access, and poverty. The bedrock nonprofits within Corus are Baltimore-based Lutheran World Relief, a global development organization that […]

New Tools Shows Funding Immigrants, Refugee Funding Lacking...

Even though immigrants and refugees represent 14 percent of the population, local foundations gave barely 1 percent of total grantmaking to benefit those communities in 2017 and 2018 but a new tool from the National Committee for Responsive Philanthropy (NCRP) can provide a state-by-state breakdown, drilling down to find highs and lows across the nation. […]

U.S. Arts and Culture Nonprofits Face $6.8 Billion Shortfall...

Arts and culture nonprofits in the United States with annual budgets of more than $50,000 are facing a $12.4 billion revenue shortfall due to Covid-19-based interruptions. Despite reduced payroll expenses, and cuts to non-personnel expenses, these 35,000 organizations will still have a bottom-line deficit of $6.8 billion. According to a report from Southern Methodist University’s SMU […]

Metallica Unveils ‘Month Of Giving’ For COVID-19 Relief...

The entertainment industry continues its ramp-up of COVID-19 relief with the latest announcement from the heavy metal band Metallica and its U.S.-based charity All Within My Hands for a “Month of Giving” initiative. The foundation’s leaders were inspired by the recent #GivingTuesdayNow campaign, according to an announcement from the foundation. This element of the foundation’s […]

Small Foundations Shifting Funding Due To COVID...

Almost four out of five small funders have changed their approach to funding as a result of COVID-19 and of those that have not, almost 20 percent plan to change their approach in the next year, according to a recent survey. Exponent Philanthropy surveyed small foundations in April to learn how the organizations are handling […]

Don’t Call Us, We’ll Call You Foundations...

When first diving into a high-quality funder research database, you’ll probably feel giddy with relief. With only a few clicks you can find “go” and “no-go” indicators to flush out those grantmakers most likely to support your work.  But relief will soon morph into disappointment as one synopsis after another warns that the funder does […]

Rockefeller Adds $30 Million To COVID-19 Relief Funding...

The Rockefeller Foundation will commit another $30 million to COVID-19-related programs around the world, including $15 million for a national action plan to expand testing and more safely reopen the U.S. economy, its president said in his annual letter for 2020. The new $30 million in funding brings to $50 million Rockefeller’s commitment to COVID-19 […]