March 2024
Articles and News
‘Dollars up, donors down': More charity money is coming from the ultra-wealthy
About 400,000 people account for more than one-third of the world's charity, according to a new report from Altrata. (CNBC)
America’s biggest donors gave more than $11.9 billion in 2023. This year’s report features our analysis of the list, giving trends among megadonors, and a look at their giving to and from their foundations and donor-advised funds in 2023. (Chronicle of Philanthropy)
Why Philanthropy IS a Business Model
“When otherwise smart people say that “philanthropy isn’t a business model,” and especially when those people work in institutional foundations, I think what they really mean is that “permanent dependence on a small set of institutional funders isn’t a business model,” and that is true.” (Second Rough Draft)
Studies and Resources
The Future of Philanthropy Is Trust-Based
The trust-based philanthropy movement has grown in rapid time, but there are still basic misunderstandings about this approach and its bold vision for a more just and democratic society. This supplement illustrates what a trust-based approach really means, why it is essential to effective philanthropy, and what will be possible if more funders embrace it. (Stanford Social Innovation Review)
Arts and Creativity Drive Economies and Build Resilience
This new report builds on past research by using 2001-2021 data, which reflect postpandemicshutdown economic trends and a subsequent period of recovery. This research shows that arts and cultural production not only strengthens economic resiliency but drives economic growth. (NASAA)
State of Black Nonprofits Report
The 2024 State of Black Nonprofits Report underscores the pivotal role of Black-founded nonprofits as service providers, agents of positive change, and champions of racial equity and justice. This study employs an exploratory approach, drawing from existing Giving Gap data consisting of survey responses from Black nonprofit leaders as well as 990 data. (Giving Gap)
For Funders
Just Transition Investment Framework
The Just Transition Investment Framework is a strategy for how philanthropies can shift capital and power to frontline BIPOC communities who are building local regenerative economies. A Just Transition investment strategy requires philanthropic assets to be divested from the dominant financial system and instead redirected into movement-led, community-controlled institutions that build economic power and self-determination. (Justice Funders)
Advancing Participation in Philanthropy Tool (APPT)
A self-assessment tool for grantmaking foundations to gauge where they currently are in terms of participatory practice across all areas of work and operations.
