Remove Foundation Remove Fund Remove Philanthropy Remove Pledge
article thumbnail

Money talks: Why tuning into the Giving Pledge matters 

Candid

As the saying goes, “Money talks,” and there’s no better example of this than the Giving Pledge and its effect on the social sector. To date, 241 individuals with a cumulative net worth easily surpassing $1 trillion have made the pledge—a public commitment to give the majority of their fortunes to charity.

Pledge 89
article thumbnail

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
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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? Restricted funds often outline what they will fund and what they won’t.

Fund 94
article thumbnail

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 118
article thumbnail

5 Tips To Help Your Nonprofit Receive MacKenzie Scott Funds

Bloomerang

With a net worth of $65.3B, there are a lot of MacKenzie Scott funds available. . Scott is a member of the Giving Pledge. When she signed the pledge she said: “ I have a disproportionate amount of money to share. My approach to philanthropy will continue to be thoughtful. What’s To Come For Future Funding?

Fund 139
article thumbnail

Global philanthropy responds to the Ukraine crisis

Candid

We have identified 208 pledges and grants for Ukraine relief. This includes 34 pledges worth $241,773,200 and 174 grants worth $343,561,933 as of March 8. The United States, United Kingdom, Denmark, the Netherlands, Germany, and Japan account for 91% of total grant funding for Ukraine to date. Pledges by funder type.

Ukraine 120
article thumbnail

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 92