After Tough Fundraising Years, Things May Be Looking Up

Plus, regulators scramble to catch up with DAF boom; and the Fords will raise $10 million for Detroit youth ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. DATA [Are We Getting Back to Normal? New Reports Forecast Fundraising Growth]( By Emily Haynes and Rasheeda Childress [STORY IMAGE]( Philanthropy will grow an inflation-adjusted 4.2 percent in 2024 and 3.9 percent in 2025, researchers predict. DONOR-ADVISED FUNDS [U.S. Regulators Scramble to Catch Up With the DAF Boom]( By Brian Mittendorf [STORY IMAGE]( Proposed federal regulations would provide guidelines for what DAFs can be used for — but not for how quickly they would need to be distributed. MAJOR GIFTS [Bill and Lisa Ford to Raise $10 Million for Detroit Youth Nonprofit Endowments]( By Thalia Beaty, Associated Press [STORY IMAGE]( Ten nonprofits serving young people in Detroit will get an unusual, lasting gift as part of a campaign started by Lisa Ford and her husband, Bill Ford, the executive chair of Ford Motor Co. WEBINARS [Today, March 21 at 2 p.m. ET | Register Now]( [STORY IMAGE]( How can your nonprofit host events that inspire donors without breaking the bank? Join us to learn from two experts how to stay within your event budget without sacrificing your donors’ experience. Plus, you’ll get creative ideas for highlighting your mission and connecting with donors at your next event. Join us for How to Host Engaging Events and Stay Within Budget. [April 18 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Affluent donors continue to take advantage of donor-advised funds. To better understand the motivations and giving preferences of those who hold these accounts, join us for How DAF Donors Are Giving Away Their Money. We’ll share insights to help you better connect with donors who give this way, and you’ll learn how nonprofits are successfully attracting contributions through DAFs. SPONSOR CONTENT | Classy [The Return of a Community-Centered Fundraising Model in a Digital-First World]( Nonprofit News From Elsewhere Online Cities led by Democrats, including Chicago, New York City, and Denver, that have been overwhelmed by an influx of migrants are beginning to restrict shelter stays and other aid for newcomers, as the cities face budget cuts and a lack of federal immigration assistance. ([Washington Post]( More on Migrants and Immigration - NYC Upper West Side Moms Take on the Ballooning Migrant Crisis ([Bloomberg]( - This Cal State Immigration Clinic Provides Free Legal Advice. It Might Come to a ‘Full Stop’ ([Los Angeles Times]( A network of loosely regulated, court-appointed nonprofits that receive scant training and virtually no oversight from just over a dozen judges are responsible for more than 17,000 vulnerable New York City residents, sometimes resulting in dire living conditions or even fatal neglect. ([ProPublica]( More News and Opinion - Nonprofits Successfully Challenge Red State Restrictions on Abortion ([Governing]( - Opinion: Scientists Depend on These Plant Libraries for Research. Let’s Preserve Them. ([Washington Post]( - What’s the Future of Faith-Based Tax Breaks? ([Deseret News]( Big Philanthropy - Elon Musk Accused Jeff Bezos’ Ex-Wife, MacKenzie Scott, of Destroying Western Civilization With Her Philanthropy. Then She Quietly Doubled Her Donations. ([Business Insider]( - Over a Dozen LGBTQ Nonprofits Among Recipients of Billionaire MacKenzie Scott’s Latest Donations ([NBC News]( - Mets Owner Steve Cohen’s Foundation Gives $116 Million to College in Queens ([Bloomberg]( - Norman Knight, Philanthropist Who Preferred Anonymity, Dies at 99 ([Boston Globe]( Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup. SUBSCRIBE TO THE CHRONICLE [Chronicle of Philanthropy Subscription] Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS OPINION [MacKenzie Scott, Stop Ignoring Small Nonprofits Like the One I Founded at Age 13]( By Sneha Dave [STORY IMAGE]( Ninety-two percent of organizations — including mine — have budgets of less than $1 million and know what their communities need most. But Scott and others make it impossible for us to get needed funds. BIG PHILANTHROPY [Big Surprises as MacKenzie Scott Announces ‘Open Call’ Winners]( By Nicole Wallace [STORY IMAGE]( The billionaire philanthropist announced 361 winners — and $640 million in giving. TECHNOLOGY [Wendy Schmidt and Grist Founder Launch Immersive-Media Nonprofit]( By Eden Stiffman [STORY IMAGE]( The billionaire philanthropist and journalist Chip Giller are betting that virtual and augmented reality are on the cusp of a breakthrough — and poised to change hearts, minds, and giving. SPONSOR CONTENT | Ganbina [Lives Changed Through Philanthropy]( Discover the glimmers of hope that show with the right long-term support, Indigenous people are breaking the cycle of socio-economic disadvantage. ADVERTISEMENT RECOMMENDED WEBINAR [Join our webinar]( — Fundraising events can come with a sizable price tag. With rising costs, it’s harder than ever for fundraisers to balance the desire to create an exceptional donor experience with the need to ensure an event brings in more dollars than it costs. How can nonprofits host memorable events that don’t break the bank? Join us on Thursday, March 21, at 2 p.m. Eastern to learn about proven ways to highlight your mission, connect with donors, and hit your revenue goals by keeping costs under control. [Register now.]( JOB OPPORTUNITIES [Apply today](http://). [Director of Development]( Institute for Policy Studies [Chief Advancement Officer, University Libraries and the Entertainment Technology Center]( Carnegie Mellon University [Search other jobs.]( [Chronicle of Philanthropy Logo]( This newsletter was sent to {EMAIL}. [Read this newsletter on the web](. [Manage]( your newsletter preferences, [stop receiving]( this email, or [view]( our privacy policy. © 2024 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037