Why Philanthropy Loves Big Words

Plus, philanthropy contributes to a boom in basic-income programs; and why racial-justice groups need endowments ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. ADVICE [10 Words and Phrases You Should Never Use]( By Alex Daniels [STORY IMAGE]( Philanthropy loves big words. Americans don’t. So why is the nonprofit world filled with philanthro-speak? ADVERTISEMENT BASIC INCOME [Guaranteed Income Is Sweeping the Nation. Will It Last?]( By Sara Herschander [STORY IMAGE]( Since the pandemic, over 200 guaranteed-income experiments launched across the United States. The Mellon Foundation backed one of them, providing $115 million to support 2,400 New York City artists. OPINION [Endowments Can Power Racial Justice Groups — if Only Philanthropy Would Fund Them]( By Cora Daniels [STORY IMAGE]( Giving to endowments helps groups led by people of color build long-term financial stability. But two new studies show the practice is rare. WEBINARS [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. ONLINE FORUMS [April 23 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Join the Chronicle and a panel of nonprofit experts for the free online forum Using A.I. to Streamline Nonprofit Operations. Our guest experts will share practical examples of the latest A.I. applications and advice on how to manage the rapid pace of A.I.-driven change. Don’t miss this chance to learn how harnessing smart tools can introduce efficiencies and help increase productivity at your organization. SUBSCRIBE TO THE CHRONICLE [Chronicle of Philanthropy Subscription] Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online Food banks and farmers in Tennessee were buoyed during the pandemic by an $8.2 million federal grant that allowed food banks to buy directly from local producers, but when the time came to apply for a second grant, the state missed the deadline, twice. It’s a story of notifications sent, but not seen, and now lawmakers and nonprofit leaders are scrambling to find state money to keep the arrangement going. ([Civil Eats]( Two nonprofits are pulling out of Philadelphia’s child-welfare system after settling multimillion-dollar lawsuits and struggling to pay rising litigation-insurance premiums. Combined, they covered welfare checks for half of the city, and it will likely cost the city government $66 million to “build capacity” for the groups chosen to replace them. ([Philadelphia Inquirer]( More News - Board Member Says Group Declined to Honor Liz Cheney for Fear of Trump ([New York Times]( - Warren Buffett Has Left the Table. Homeless Charity Asks Investors to Bid on Meal With Software CEO ([AP]( - The Effective Altruists’ Castle Is for Sale — and Has Become a Culture-War Meme ([New York]( - NPR Defends Its Journalism After Senior Editor Says It Has Lost The Public’s Trust ([NPR]( - Boston Marathon Sets $50M Fundraising Goal for This Year’s Race, Awards 13 Nonprofit Grants ([Boston Business Journal]( - Federal Court Delivers Another Victory to Obama Foundation in Park Group Fight ([Chicago Tribune]( Big Philanthropy - Nashville’s Belmont University Announces $58M Gift From Curb Foundation ([Tennessean]( - St. Joseph’s Children’s Hospital To Be Renamed in 2030 After Record Donation ([Tampa Bay Times]( 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. SPONSOR CONTENT | Twilio [Why the Nonprofit Funding Model Needs an Overhaul]( Explore the nonprofit funding model that inadvertently hinders growth and learn how organizations are building their technical capacity to amplify their impact. EDITOR'S PICKS DONOR-ADVISED FUNDS [Philanthropy Spent $11 Million to Prevent Changes to DAF Rules]( By Alex Daniels [STORY IMAGE]( Opponents of the 2021 attempt to speed donor-advised fund payouts stopped the legislation dead in its tracks. OPINION [Equity Advocates Harm Their Cause When They Insist on a Raised Fist, Not an Extended Hand]( By Eboo Patel [STORY IMAGE]( Collaboration — not resistance — is the best path to lasting social change. For proof, just look at the debate over pandemic school closures. RESEARCH AND DATA [As the Number of Donors Continues to Drop, Monthly Giving Could Be a Solution]( By Emily Haynes [STORY IMAGE]( Year-end giving was down 2.8 percent compared to 2022, according to a new study. Donor participation fell across the board. ADVERTISEMENT RECOMMENDED WEBINAR [Join our webinar]( — It’s an age-old problem: many nonprofit CEOs and senior leaders struggle to persuade board members to raise money — even though trustees care deeply about the nonprofits they serve. Experts cite a variety of reasons, including the need to define roles and responsibilities when recruiting board members. What does it take to create a vibrant culture of fundraising among board members? Join us on Thursday, May 9, at 2 p.m. Eastern to learn from our expert guests as they share proven ways to solve this perennial challenge. [Register now.]( JOB OPPORTUNITIES [Apply today](. 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