Tag: Foundations

In the Time of Coronavirus: Can nonprofits and foundations use their endowments as a resource for recovery?

In the wake of COVID-19, there has been a lot of discussion — especially in the blogosphere — about foundations “digging deep” both by increasing annual spending and potentially spending down endowment assets. To some voices in philanthropy — including the Ford Foundation’s Hillary Pennington (Bell, 2020), Benjamin Soskis (2020) of HistPhil and the Urban Institute, and the Libra Foundation’s (2020) Crystal Hayling — the magnitude of the crisis demands considering all financial resources. Over 300 donors and grantmakers have now signed a joint letter asking Congress to temporarily raise minimum foundation payout levels and set a payout requirement for the first time for Donor Advised Funds (DAFs) to respond to the unprecedented need among nonprofits (Daniels, 2020).

TXNP would like to invite Texas nonprofits and foundations to post jobs on the website for free

Foundations. Nonprofits. Texans who are 501c3. We want to support you. we want to bring community deep into the hearts of Texans… that’s what we do.

TXNP wants to help you for free. Job postings, volunteer opportunities, events, stories you would like to tell. Please send them to us and we will help you at no cost. While we cannot promise to post everything you send, we will certainly try! See how to send your postings to us inside this article.

A great article to read: What I Learned as a Funder: Frank Tips for Nonprofits

Over decades in the social sector, I spent countless hours in the grant-seeking trenches and saw my share of things that left me wondering whether to laugh or cry. But then I became a foundation funder and encountered a prospective grantee’s “toxic diaper excuse” (more on that later), which truly left my head shaking. Reflecting on my experiences, I am aware of how deeply… Read more »

New Study Finds U.S. Nonprofits and Foundations Aligned in Concern over Tax Law

A majority of U.S. nonprofit and foundation leaders are concerned about a potential decrease in charitable giving in the wake of tax legislation passed by Congress late last year, a new study released today by the Center for Effective Philanthropy (CEP) reveals.