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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.

Journal 89
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A $500 Million Pledge to Support Local News

Non Profit Quarterly

The MacArthur Foundation itself pledged $150 million to the new fund. The idea is to both directly pool and contribute $500 million toward local journalism and, in doing so, spark wider and sustained investment in local journalism in the years to come, says Kathy Im, director of journalism and media for the MacArthur Foundation.

Local 102
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The End of Expertise and How Associations Must Adapt

The MatrixFiles

At a time when higher education is facing public funding cuts, changing demographics and a challenging student debt environment, institutions are facing an uphill battle to sustain enrollments and stay relevant. A few execs said their industries are not affected, including tourism and agriculture.

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Funding Services AND Advocacy: The Smart Choice for Grantmakers

Beth's Blog: How Nonprofits Can Use Social Media

Funding Services AND Advocacy: The Smart Choice for Grantmakers – guest post by Aaron Dorfman, National Committee for Responsive Philanthropy. Some grantmakers shy away from funding advocacy, preferring instead to fund direct services. Thinking that one must either fund services or advocacy is a false choice.

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2023

sgEngage

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

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Are Social Enterprises Viable Models for Funding Nonprofits?

ASU Lodestar Center

In order to make change that is sustainable and scalable, additional funding sources need to be considered to help nonprofits achieve their core missions. Charity and government support remain crucial but are insufficient to address the magnitude of the task at hand. Social enterprise models may well offer an answer.

Model 53
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Cryptocurrency in the nonprofit sector: What you need to know

ASU Lodestar Center

Cryptocurrency is created by code, not issued by a government like dollars or pesos. Looming government regulation could bring still more change. There are several different ways that your organization can accept these donations: Through a donor-advised fund. How should nonprofits accept cryptocurrency?