Author: Minkyung Kim
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Serving the Vulnerable While Being Vulnerable: Organizing Resilience in a Social Welfare Sector
Nonprofit and Voluntary Sector Quarterly, Ahead of Print. The interplay between formal organizing structures and the informal social networks of employees and organizations furthers the resilience of nonprofit organizations that serve the community. This case study draws on qualitative multi-pronged data collected in the aftermath of Hurricane Harvey from two faith networks of social welfare…
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Benefit-Based Revenue Streams and Financial Health: The Case of Arts and Cultural Nonprofits
Nonprofit and Voluntary Sector Quarterly, Ahead of Print. A large number of empirical studies have discussed the revenue diversification strategy for nonprofits, but little attention has been paid to the components of revenue portfolios, even though each revenue source flows into a nonprofit with its own characteristics. Drawing on Young’s benefits theory, this study tests…
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University of Minnesota launches $50 million student scholarship fund
The Carlson Centennial Scholars Program will award scholarship packages to undergraduate and graduate students and provide stipends for international study experiences and specialized programming…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Johns Hopkins launches $150 million effort to boost diversity in STEM
The gift from Bloomberg Philanthropies will establish the Vivien Thomas Scholars Initiative and provide permanent funding for the creation of a hundred new spots for diverse PhD students in JHU’s more than thirty STEM programs…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Early signs show that you gave more in 2020 than 2019—thank you!
Our donor community appears to have given significantly more in 2020 than 2019, according to early data on donations we processed. Growth was strong relative to previous years—even 2019, which also had strong growth—and across many different dimensions. Overall, donations to GiveWell more than doubled in 2020. We estimate that these donations will collectively save…
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Mastercard commits $25 million for global vaccine access, distribution
The commitment builds on Mastercard’s support for global COVID-19 response and includes data resources, grants, and employee volunteers…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Catholic University receives $20 million for nursing program
The commitment will support scholarships for an additional hundred and sixty nursing students over the next five years through the Conway Scholars program, providing tuition assistance, housing and stipends to complete internships, as well as preparation and review courses for their national licensing exams…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Parkinson's Foundation announces $10 million for research, education
The investment includes funding to expand the foundation’s PD GENEration initiative to Hispanic and Caribbean communities, expand Parkinson’s disease research, accelerate palliative care efforts, and test new models of hospital care delivery…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Community Foundation Update (05/08/2021)
News and staff announcements from community foundations in Alaska, Arizona, California, Maine, Massachusetts, Michigan, New Hampshire, Oregon, Pennsylvania, and Wisconsin…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Enterprise Community Partners receives $25 million for racial equity
The commitments of $20 million from Charles and Lynn Schusterman Family Philanthropies and $5 million from the Community Investment Guarantee Pool will advance racial equity in housing by helping to unlock capital for BIPOC housing developers…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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DAFs may have cost charities $300 billion over five years, study finds
The report from the Boston College Law School Forum on Philanthropy and the Public Good found that the share of individual giving going to charities fell from 94.1 percent before the advent of donor-advised funds to less than 75 percent between 2014 and 2018, with an estimated $300 billion that otherwise might have gone to…
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Terra Foundation awards nearly $2.5 million in grants
Awarded through the foundation’s Re-envisioning Permanent Collections: An Initiative for US Museums, the grants will provide support for permanent collection reinstallation planning and implementation as well as the development of temporary exhibitions drawn from museum collections…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Global Fund allocates $75 million for COVID response in India
As part of its emergency response to the pandemic, the Global Fund is fast-tracking a funding application from India’s Country Coordinating Mechanism for the purchase of oxygen concentrators and to help finance Pressure Swing Adsorption oxygen plants to help meet the medium-term needs for medical oxygen…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Bank of America invests $60 million in racial equality in housing
Bank of America will partner with Enterprise Community Partners to provide $30 million in loans and $30 million in equity financing to directly source, structure, and close deals with BIPOC developers seeking flexible capital…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Philanthropist Eli Broad dies at 87
With his wife, Broad established the Eli and Edythe Broad Foundation in 1999, was a founding signatory to the Giving Pledge in 2010, and gave an estimated $6.4 billion to philanthropic causes in his lifetime, with a focus on the arts, education, and scientific and medical research…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>
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Community Foundation Update (05/01/2021)
News and staff announcements from community foundations in California, Florida, Kentucky, Louisiana, Michigan, Minnesota, New Hampshire, New Mexico, Rhode Island, and Washington…. Philanthropy News Digest | https://philanthropynewsdigest.org/rss/feed/pndnewsGoto full post >>