Wealthy Donors and Big Foundations Urge Congress to Spur More Giving

Plus, a nonprofit wish list for Biden includes a cabinet-level agency and more, and conservative nonprofits were behind many of the successes of the Trump era (opinion) ADVERTISEMENT [Advertisement]( [logo] Was this newsletter forwarded to you? [Please sign up to receive your own copy.]( You’ll support our journalism and ensure that you continue to receive our emails. [Read this newsletter on the web](. GOVERNMENT AND REGULATION [Powerhouse Coalition of Wealthy Donors and Big Foundations Urges Congress to Spur More Giving]( By Dan Parks and Alex Daniels [image] Wealthy philanthropists, an academic, the heads of the Ford, Kellogg, and Kresge foundations, and multiple others are asking to change the rules on charitable giving to force more dollars out the door quickly. GIVING [A Nonprofit Wish List for Biden: a Cabinet-Level Agency, Charitable-Deduction Changes, and More]( By Ben Gose [image] Charities will see an about-face on many issues, but with a divided Congress, they may need to adjust their strategies. Here’s what to expect. Our [December issue]( is now online, with more about the Biden administration, giving to racial justice, and more. ADVERTISEMENT [Advertisement]( OPINION [Conservative Nonprofits Were Behind Many of the Successes of the Trump Era]( By Suzanne Garment and Leslie Lenkowsky Because of the vitriol over White House policies that advanced hate, too little attention has been paid to the influence of nonprofits on changing the nation’s judiciary, climate, education, and other policies. Let’s not forget that this multitude of perspectives on policy is what makes the nonprofit world such a distinctive part of our society. Paid for and Created by M&T Bank [Navigating a Pandemic and Social Justice]( From transitioning to digital programming and new online content, to placing added importance on an organization’s mission and values, cultural institutions are beginning to plan for a safe reopening during these uncertain times, positioning themselves to be even more successful in the nation’s new normal. Nonprofit News From Elsewhere Some of the wealthiest among the millennial generation, which stands to inherit tens of trillions of dollars over the coming decades, are seeking to give their money away or put it into causes that subvert capitalism. America's extreme wealth inequality has been a fact of life for this group, many of whom have helped swell the ranks of the Democratic Socialists of America. Often, their giving is a form of reparations for the injustices that made their wealth possible, including land expropriation from Indigenous people, slavery, or exploitation of workers for the benefit of shareholders or business owners. ([New York Times]( U.S. businesses have poured almost $2 billion into a clearinghouse fund that fights institutional racism and supports economic-development efforts. The Local Initiatives Support Coalition raised double its fundraising goal this year, thanks to multimillion-dollar contributions from Lowe's, Netflix, Square, Dick's Sporting Goods, Verizon, and other companies, as well as government grants and donations from philanthropies. Most of that money, 75 percent, is helping low-income housing residents in places where people of color dominate the population. About 15 percent of it will be used for grant and loan programs supporting minority-owned small businesses. ([CNN]( More News - Obama Foundation President Wally Adeyemo picked to be deputy Treasury secretary ([Chicago Sun-Times]( - Charities Are Getting Creative During Covid-19. The Unexpected Ways Some Are Staying Afloat. ([Los Angeles Times]( - Foundations Are Opening Their Wallets to Nonprofits Dedicated to Helping People of Color ([Crain's New York Business]( — subscription) - Group Seeking Equality for Women in Tech Raises $11 Million ([New York Times]( - [The 6]( of the ‘Green Nobels’ for Environmental Activism Show That Change Is Possible. ([Fast Company]( Advice About Giving - There Are Many Reasons to Donate to Charity This GivingTuesday — but Here’s a Little Added Tax Incentive ([MarketWatch]( - Why You Shouldn’t Ask a Charity How It Spends Your Donation ([Wall Street Journal]( — subscription) Opinion and Analysis - Churches Step In Where Politicians Will Not ([New York Times]( - Don’t Wait Until You’re Dead. Giving While Living Is the Most Effective Kind of Philanthropy. ([America]( - Don’t Wait: the Case for Giving Sooner Rather Than Later ([Vox]( The Pandemic's Impact on Need - The Trickle-Down Tragedies of the Pandemic ([Washington Post]( - Farm Rescue Shifts to Help Farmers Sickened by Coronavirus ([Associated Press]( Subscribe to the Chronicle The Chronicle of Philanthropy is dedicated to helping nonprofits care for their clients and staff, manage financial setbacks, and stay connected with donors. Please consider subscribing, so that we may continue to provide essential news, resources, and analysis to the nonprofit world. [Subscribe Today]( Editor's Picks OPINION [Philanthropy Must Rethink Its Support of Technology Solutions That Harm Democracy]( By Janet Haven and danah boyd [image] Rather than funding the latest app or digital platform that promises — but often fails — to help vulnerable people, grant makers should focus their resources on redefining how technology can be used to create a more equitable and just society. This piece is based on an essay in a publication we’re featuring in an online briefing today at 2 p.m. Eastern. See below for details. OPINION [My Giving Pledge Promise Isn’t Enough: Why It’s Time for the Wealthy to Do More]( By Kat Taylor [image] Today I am committing one-third of my assets over my lifetime to give financial power to communities of color, so they can build a better life after all that societal injustice has taken from them, writes Kat Taylor. FUNDRAISING [Planned-Gift Donors Are Pledging Bigger Gifts During the Pandemic, New Report Says]( By Eden Stiffman [image] While donor interest in bequest and other deferred gifts is up, charities are cutting planned-giving programs’ budgets. YOUR NONPROFIT COACH [How to Inspire Major Donors to Give at the End of a Very Tough Year]( By Joan Garry [image] A five-step recipe for big-gift fundraising success in challenging times. NEWS [Volunteerism Falls Sharply Amid Covid, Study Says]( By Dan Parks [image] However, most people say they plan to resume their volunteer work when it’s safe to do so, according to a new study by Fidelity Charitable. Job announcement Media Relations Director.[Visit jobs.philanthropy.com]( for more details. ADVERTISEMENT [Advertisement]( Paid for and Created by CCS Fundraising [CCS Survey Shows Improved Fundraising Trends and Evolved Donor Engagement Tactics]( CCS Fundraising’s latest survey results suggest a positive indicator for the future of fundraising in an increasingly virtual world as the comfort level for virtual major gift solicitations become more widespread. Upcoming Webinar: Tips for Successful Online Meetings With Major Donors [Join Our Webinar]( — Many wealthy Americans have recovered from the initial economic jolt of the Covid-19 crisis, and they are giving generously. But mastering online meetings with big donors during social distancing is tricky. Join us on December 10 at 2 p.m. Eastern to learn from savvy major-gift fundraisers how best to connect with wealthy supporters — and attract large donations — virtually. You'll get expert advice on tailoring meetings to each donor’s preferences, fostering meaningful conversation, and asking for a gift in a virtual or socially distanced setting. [Register today to get the early-bird rate.]( Job Opportunities [Associate Director of Bilateral Relations, Disability Rights Fund - Remote possible]( Disability Rights Fund/Disability Rights Advocacy Fund [Director of Philanthropy]( Frameline [Development Associate, not-for profit institution]( American Academy in Berlin [Senior Development Officer]( Climate Central [Search the Chronicle's jobs database]( to view the latest jobs in higher education. What did you think of today’s newsletter? [Strongly disliked]( // [It was OK]( // [Loved it](. [logo]( This newsletter was sent to {EMAIL}. 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