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Foundations step up funding to bolster trust in local news 

Candid

news organizations, specifically local news outlets, have been rapidly dwindling. The COVID-19 pandemic brought more challenges for the industry, as demand for local news grew but revenue and outlets shrank. MacArthur, and William and Flora Hewlett Foundations have recognized the importance of a vibrant local news ecosystem.

Local 52
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A $500 Million Pledge to Support Local News

Non Profit Quarterly

Image credit: Jon Tyson on Unsplash The decades-long decimation of local news—and the dangers that the trend poses for public oversight, an informed citizenry, and democracy itself—remains very much underway. Since 2005, some 2,200 local newspapers have closed, according to a press release by the MacArthur Foundation.

Local 99
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Impact investing: Catalyzing systemic change 

Candid

Once the preserve of large foundations and mega-donors, impact investing is growing in popularity, including among women and younger generations. More than 40% of millennials report engaging in impact investing, compared with 20% of baby boomers. What is impact investing? So what’s different about impact investing?

System 98
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[Breaking News] An Extraordinary Funding Opportunity For Nonprofits To Preserve Local Journalism

Bloomerang

Nonprofits focused on the preservation of local journalism are being called to step up, and many of the country’s largest private foundations have announced $500 million in funding over five years to support them, an extraordinary initiative called Press Forward. What’s the problem?

Journal 89
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How inflation affects foundation grantmaking decisions

Candid

With these challenges at play, how did inflation affect foundation giving decisions in 2022 and beyond? Last month, Candid published results from the Foundation Giving Forecast Survey, an annual survey of large U.S. private and community foundations. Here’s what we found. We added 8% to each grant award.”

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Community foundations: Resilience in tough economic times 

Candid

At first glance, it would be easy to put a gloomy headline on the Council on Foundations ’ most recent CF Insights field survey tracking trends in community foundations’ 2022 asset growth, giving, and the activity of donor-advised funds (DAFs). Still, at $112.7 billion, total assets in 2022 were well above 2020 totals.

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Going Beyond the Dollar: The Community Leadership Role of Foundations

sgEngage

Foundations play a crucial role in supporting nonprofit organizations and driving positive change within communities. However, in recent years, there has been a growing recognition that foundations possess the potential to offer more than just monetary resources.

Roles 72