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The Foundation for Black Communities awarded stewardship of $200 million Black-Led Philanthropic Endowment Fund by federal government

Charity Village

The Foundation for Black Communities (FFBC) has been awarded the stewardship of the Black-led Philanthropic Endowment Fund. The investment of $200 million will positively impact Black-led, Black-focused and Black-serving nonprofit organizations and registered charities across the country.

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

sgEngage

Even though inflation made dollars not stretch as far, world events and climate disasters increased need across many communities. So many nonprofits found 2023 to be particularly stressful. Here are seven ways your team can make sure your nonprofit has a strong financial foundation this year.

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Leveraging data to better serve under-resourced communities 

Candid

Forward-looking nonprofit organizations know that leveraging data is key to determining where a community’s unmet needs are, securing resources to address those needs, and advocating for more effective policies. Individual donors and foundations increasingly view data “ as the fuel for innovation and social change.”

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Government of Canada announces the Community Services Recovery Fund

Charity Village

The Government of Canada has announced that the Canadian Red Cross, Community Foundations of Canada, and United Way Centraide Canada have been selected to distribute funding to support the modernization of charities and nonprofits, which will allow such organizations to support pandemic recovery in communities across Canada.

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Is your nonprofit organization ‘grant-ready’? 

Candid

Foundation grants can be one of several revenue streams in a nonprofit organization’s sustainable fundraising plan. In 2022, foundation funding accounted for about $105.21 As a share of all revenue streams, including government funding, program revenue, and investment income, foundation and corporate grants made up 15.3%.

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A New Era for Foundation Collaboration

sgEngage

In the past, many foundations viewed collaboration as a speed bump. But at a time when many foundations are looking for creative ways to address the overlapping crises of COVID-19, racial injustice, and climate change, they are viewing collaboration much differently. When foundations collaborate, the benefits are clear.

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Foundation giving and payout: what changed in 2021?

Candid

private and community foundations to understand recent giving trends and forecast where giving is headed. [ Giving increased in FYE 2021 for most foundations compared to 2020, though payout was not as likely to increase. . A combination of community needs and asset growth appeared to fuel increases in giving. .