News

Global Citizen mobilizes $6.9 billion for COVID-19 response efforts

Global Citizen mobilizes $6.9 billion for COVID-19 response efforts

June 30, 2020

Launched with the aim of getting  the United Nations' Sustainable Development Goals back on track, the campaign generated commitments of more than $1.5 billion in grants and $5.4 billion in loans and guarantees in support of efforts to provide equitable access to COVID-19 tests, treatments, and vaccines as they become available....

More than half of fundraisers expect declines in giving in 2020-21

More than half of fundraisers expect declines in giving in 2020-21

June 29, 2020

A survey by the Association of Fundraising Professionals found that 57 percent of respondents expected giving in the second quarter to be down on a year-over-year basis, while 56 percent anticipated fundraising totals for the year to decline and 72 percent expected to raise less in 2021 than they would in a typical year....

Community Foundation Update (06/27/20)

Community Foundation Update (06/27/20)

June 27, 2020

News and staff announcements from community foundations in Arizona, California, Colorado, Georgia, Indiana, Louisiana, Massachusetts, Michigan, Nevada, Pennsylvania, and Rhode Island....

Deaths from HIV, TB, malaria could double due to COVID-19, study warns

Deaths from HIV, TB, malaria could double due to COVID-19, study warns

June 26, 2020

A report from the Global Fund to Fight AIDS, Tuberculosis and Malaria estimates that $28.5 billion in funding will be needed over the next twelve months to address the impacts of COVID-19 and protect the progress made to date in reducing deaths from HIV, tuberculosis, and malaria....

Irvine awards $15 million for economic development, racial equity

Irvine awards $15 million for economic development, racial equity

June 25, 2020

The grant will support a ten-year community investment plan in Fresno, California, with a focus on addressing racial and systemic barriers to economic opportunity, community engagement and neighborhood leadership, and workforce and small business development, business recruitment, and wealth creation in low-income neighborhoods....

Microsoft pledges to address racial injustice, inequity

Microsoft pledges to address racial injustice, inequity

June 25, 2020

The commitment is focused on increasing representation of people of color and a culture of inclusion at the company; extending a vision for social change throughout its business ecosystem; and using data, technology, and partnerships to improve the lives of black and African American citizens....

Study calls for ensuring access to CARES Act benefits for poor

Study calls for ensuring access to CARES Act benefits for poor

June 24, 2020

A report from the Center on Poverty & Social Policy at Columbia University finds that administrative barriers to accessing stimulus checks and an end to expanded unemployment benefits after July could reduce the efficacy of the CARES Act in terms of mitigating rising poverty rates....

Charitable giving down 6 percent in first quarter of 2020

Charitable giving down 6 percent in first quarter of 2020

June 24, 2020

An analysis of sample data by the Association of Fundraising Professionals' Fundraising Effectiveness Project found that even as overall giving in the first three months of the year declined 6 percent on a year-over-year basis, donations of under $250 increased 5.8 percent....

Morgan Stanley, TruFund, Ford Foundation launch impact fund

Morgan Stanley, TruFund, Ford Foundation launch impact fund

June 24, 2020

Seeded by Morgan Stanley and the Ford Foundation, and managed by TruFund Financial Services, the Impact Developers Fund will provide individualized capital solutions, including debt and equity, to emerging women- and minority-owned real estate developers....