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Report: Support Up After Record Inflation, But Relevancy of Racial Equity Declined

NonProfit PRO

The "2024 Foundation Operations and Management Report" showed that financial support was up, but racial equity became less of a priority.

Report 232
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4 things we learned about foundations and general operating support 

Candid

Most nonprofit fundraisers consider general operating support (GOS) to be the holy grail of nonprofit donations. Funding an organization’s mission rather than a specific project or purpose, this unrestricted financial support provides vital flexibility for nonprofits to approach their work as they best see fit.

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Foundations step up funding to bolster trust in local news 

Candid

MacArthur, and William and Flora Hewlett Foundations have recognized the importance of a vibrant local news ecosystem. McClatchy Foundation, established by the McClatchy newspaper chain’s publisher, wove several journalism initiatives, including the Central Valley Journalism Collaborative , into its grantmaking strategy.

Local 52
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5 things to know about philanthropy to HBCUs

Candid

For every $100 foundations give to an Ivy League school, how many dollars do you think foundations give to a historically Black college and university (HBCU)? In fact, for every $100 foundations gave to the average Ivy League, they gave 56 cents to the average HBCU. HBCUs have long played a pivotal role in the United States.

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Philanthropy during COVID-19 in India

Candid

Candid and the Center for Disaster Philanthropy (CDP) released a new report, Philanthropy and COVID-19: Examining giving in 2021 , in May 2022 that details COVID-19-related philanthropic funding in 2021. During the pandemic, family philanthropy grew significantly , tripling in FY2020 compared to FY2019.

India 131
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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 99
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Fewer restrictions, greater impact: How Candid shifted to unrestricted support 

Candid

Candid did something bold in 2023: We asked that funders put their trust in us by providing unrestricted grant support for our planned mission-critical work—projects we believed would make the biggest impact for the sector at large. The Trust-Based Philanthropy Project states: “the work of nonprofits is long-term and unpredictable.

Impact 111