More grant makers are appointing senior-level people to focus exclusively on ways to help share power and promote diversity and inclusion.
Creators David and Jennifer Risher say they will give up to $1 million total to groups supported by other donor-advised-fund account holders who pledge to disburse at least half of the money in their accounts to charity.
Seventy-nine percent said they plan to change their funding in some way because of the crisis, according to an April survey of nearly 1,000 smaller foundations conducted by Exponent Philanthropy.
A letter says a new $130 million commitment by the organization to respond to the coronavirus is leaving grantees in the lurch.
The grant maker moves to address immediate demands while keeping up the fight against authoritarianism around the world.
Both conservatives and liberals are joining forces for an idea that once got little traction. Now the question is whether the results will persuade donors to keep supporting such efforts for many years to come.
The next likely step: a virtual “badge” that nonprofits can display on their websites demonstrating their commitment to reducing burdens on grantees during the current crisis.
A $7.1 million effort unveiled Tuesday aims to grow to $20 million as philanthropy seeks to provide immediate needs for low-wage workers and help them gain more power and benefits after the immediate crisis is over.
An open letter signed by 356 philanthropies and individuals urges grant makers to consider racist attacks as part of their rapid-response grants and as they shape their long-term response to the health and economic crisis.
A pledge by foundations to provide more general operating support, reduce paperwork, and support organizations in the hardest hit communities is seen as a crucial opening.