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Foundations step up funding to bolster trust in local news 

Candid

MacArthur, and William and Flora Hewlett Foundations have recognized the importance of a vibrant local news ecosystem. Among the funders for its first local chapter, Press Forward Chicago , were the Democracy Fund and the Chicago Community Trust, demonstrating the intersectional nature of local news funding. Knight, John D.

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To increase the hiring of diverse asset managers, foundations must lead by example

Candid

Knight Foundation ’s progress and commitment to identify diverse-owned asset managers when investing our endowment. So, in 2020, provided with a list of the top 50 foundations in the field from our partners at Candid, Knight Foundation asked Global Economics Group (GEG) to assess the representation of diverse asset managers among foundations.

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How to Engage Employees in National (Virtual) Volunteer Month

Saleforce Nonprofit

By: Bose’ Akadiri , Program Manager, Employee Volunteerism at Salesforce, and Cécile Poyet, Director, Product Marketing, Philanthropy Cloud at Salesforce.org. At Salesforce, we believe a top-down and bottom-up approach in philanthropy and employee engagement works best and ensures alignment.

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Leveraging data to better serve under-resourced communities 

Candid

Individual donors and foundations increasingly view data “ as the fuel for innovation and social change.” This can lead to funding shortages: A 2021 study by Asian Americans/Pacific Islanders in Philanthropy found that AANHPI communities receive just 20 cents of every $100 awarded by foundations.

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Weekly update from PND

Candid

Bloomberg Philanthropies commits $31 million to healthy cities program. August 17, 2021 The University of Chicago has announced gifts totaling $105 million from board members to launch a $200 million campaign in support of undergraduate financial aid. Independence Public Media Foundation awards grants totaling $4 million.

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The impact of COVID-19 on civil society, part two

Candid

The latest Charities Aid Foundation COVID-19 report found that at the end of 2020, 93 percent of charitable organizations reported being adversely affected by the pandemic. Nonprofits surveyed by the Toronto Foundation widely believe (65 percent) that the pandemic will significantly threaten their finances for the next five years.

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Marguerite Casey calls for funding police and criminal justice reform

Candid

The Marguerite Casey Foundation has announced a new initiative aimed at strengthening philanthropy's commitment to ending police violence and mass incarceration in the United States. This say/do gap in philanthropy has undermined the movement for Black lives, rather than truly supporting it.

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