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A $500 Million Pledge to Support Local News

Non Profit Quarterly

Since 2005, some 2,200 local newspapers have closed, according to a press release by the MacArthur Foundation. In an effort to turn this trend around, the MacArthur Foundation unveiled in September 2023 the Press Forward initiative, a coalition of 22 founding donors set on “strengthening communities and democracy by supporting local news.”

Local 102
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Five myths and misconceptions about Candid’s grant data

Candid

In service of this, in this blog, we’re highlighting five things we’ve heard about our grants data that aren’t quite accurate. Myth 1: “Candid grants data” is the same as “990 data.” institutional grantmaking and provide the starting place and scaffolding for Candid’s grants data. foundations (e.g. based foundations.

Grant 111
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Your Unrestricted Funds Need Stewardship, Too

sgEngage

Since she signed the Giving Pledge in 2019 and began her momentous campaign of organization-changing donations, MacKenzie Scott has given away more than $17.3 All in unrestricted funds with no reporting necessary. What Are Restricted Funds? Many grants, especially federal and state grants, are restricted.

Fund 87
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Are corporations making good on their racial equity pledges?

Candid

Candid ha s been tracking racial equity funding for a decad e , but this recent philanthropy response was staggering. A s of July 2020, we’d identified racial e quity grants and pledges worth $4.2 What are corporate pledges? . Corporate funders are for-profit organizations funding philanthropic work.

Pledge 119
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Pop the champagne: This year Candid’s grants data set turns 21!

Candid

Candid’s grants data set currently includes comprehensive information about over 30 million grants and other philanthropic transactions, such as pledges, in-kind gifts, program-related investments, etc. This data powers tools like Candid’s Foundation Directory , allowing users to see who’s giving what, where, and to whom.

Grant 98
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A crash course on trends analysis using Candid’s Foundation 1000 data set 

Candid

One of the most common reasons people analyze Candid’s grant data is to understand year-over-year giving trends in the sector. Instead, we rely on a data set called the Foundation 1000. What is the Foundation 1000? private and community foundations. i Even though the Foundation 1000 makes up only about 1% of U.S.

Analysis 116
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What counts as racial equity funding?  

Candid

Why and how Candid updated our racial equity funding site . The nationwide racial reckoning triggered by the 2020 murder of George Floyd has resulted in a dramatic increase in funding for racial equity. The result is a refreshed site that gives a more complete picture of past funding and allows for stronger comparisons over time.

Fund 105