Monthly Archives: November 2011
November 30, 2011, 2:52 pm
It’s one of the holy grails of philanthropy: Finding ways to steer more donor money to the highest-performing nonprofits rather than to less-effective or downright fraudulent groups.
A new study by GuideStar and Hope Consulting examines what charities and nonprofit watchdogs can do to help donors make smarter giving decisions—but shows that the groups face an uphill battle. The study is a follow-up to a 2010 report, which found that only 35 percent of people conducted research on a charity before they gave.
The study released today, “Money for Good II,” estimates that individuals, foundations, and corporations would shift about $15-billion each year to more effective groups if they had better information. But that’s only about 5 percent of total annual giving.
“The reality is that changing behaviors within the charitable marketplace is incredibly difficult,” said Greg Ulrich, …
November 18, 2011, 10:46 am
Foundation support for nonprofits that fight for social justice seems to have been hurt disproportionately by the recession, according to a new report from the Foundation Center.
The study examined giving by 54 foundations that support groups working for greater economic and social equity.
It found that grant making by those funds dropped by 19 percent, to $763-million, from 2008 to 2009.
And giving to social justice isn’t expected to recover quickly. Grant making in 2015 is projected to be 5.5 percent lower than giving in 2008, according to data from 18 of the foundations examined.
Among the report’s other conclusions:
- Small funds with less than $50-million in assets were hit the hardest and will struggle the most to recover.
- Nonprofits will have trouble finding new donors. Many social-justice foundations became more selective after the recession, ending their practice…
November 16, 2011, 9:14 am
• Dell, the corporate giant, announced this month a new plan to use its cash and technology to fight pediatric cancer. Through January, Dell will commit $4-million in cash and cloud computing technology that will speed up and improve a study on a form of cancer called neuroblastoma. The commitment, which will include additional money and resources in future years, grew out of work that Dell’s business side was doing with the Translational Genomics Research Institute, one of the organizations involved in the neuroblastoma clinical trial.
• The Walton Family Foundation announced this week that it will give $25-million over the next five years to the KIPP Foundation, the national network of charter schools.
• Customers who sign up for online banking with a new Internet bank get a novel perk: cash to donate to the nonprofit group of their choice. According to The Boston Globe, a …
November 15, 2011, 3:46 pm
The Chronicle and the Council on Foundations recently invited community-foundation leaders to take part in a discussion on Twitter about how their organizations can more effectively address social problems and advocate for important issues.
Emmett Carson, chief executive of the Silicon Valley Community Foundation; Teri A. Hansen, chief executive of the Gulf Coast Community Foundation; and Rebecca Graves, executive director of CF Insights; contributed to the discussion.
Below are highlights of the discussion. You can read the full archive for more.