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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.

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Meyer Foundation Announces Director and Inaugural Cohort of Partner Organizations for $20M Fund for Black-led Change Commitment

NonProfit PRO

The Meyer Foundation, one of the Washington area's largest and oldest locally focused philanthropies, announced Stephanie Sneed as director of its recently launched Fund for Black-led Change, effective June 1, as well as the inaugural cohort of organizations awarded resources through the Fund.

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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. The first grants are to be awarded later this year.

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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. We added 8% to each grant award.” Here’s what we found.

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8 Grant Research Tools for Nonprofits

Nonprofit Tech for Good

According to the Giving USA 2022 Report , giving by foundations to nonprofit organizations grew by 3.4% Foundation grants now represent 19% of total giving to nonprofits – the largest share on record. The websites listed below can help your nonprofit search and apply for grant funding. Candid :: candid.org/find-funding.

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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). The median year-over-year increase in grant dollars awarded was 7%.

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Ultimate Guide to the Community Services Recovery Fund

CauseVox

The Government of Canada has rallied behind nonprofits with its historic Community Services Recovery Fund. Sign up for Community Services Recovery Fund tips and updates: We will be launching free resources to help with the application process in the coming days and weeks. Applications are due on February 21, 2023.

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