Pandemic Has Changed Many Rich Donors' Giving Strategy, and Two-Thirds Plan to Give More

Plus, the University of Houston Medical School lands $50 million, and ‘Twitter philanthropy’ reveals chasms in the social safety net ADVERTISEMENT [Philanthropy Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. INDIVIDUAL GIVING [Pandemic Has Changed Giving Strategy for Many Rich People, and Some Plan to Donate More]( By Emily Haynes [STORY IMAGE]( Just over half also want to contribute to more organizations. ADVERTISEMENT GIFTS ROUNDUP [U. of Houston Medical School Lands $50 Million From Billionaire Tilman Fertitta]( By Maria Di Mento [STORY IMAGE]( Plus, the Obama Foundation receives $100 million from Airbnb co-founder Brian Chesky, and five universities, a mathematics institute, and a hospital in Connecticut landed big gifts. DIRECT GIVING [‘Twitter Philanthropy’ Reveals Chasms in Social Safety Net]( By By R.J. Rico, Associated Press [STORY IMAGE]( Bill Pulte, a multimillionaire private-equity investor, offers immediate financial support to a tiny percentage of the thousands of people who reach out to him every day over social media asking for financial help. Webinars [Tomorrow: How to Attract — and Keep — Top Fundraisers]( [STORY IMAGE]( Even before the pandemic, turnover in fundraising was a huge challenge. With big-gift officers bringing in as much as 90 percent of fundraising revenue at some organizations, high turnover can be an existential threat. How do some organizations hire and retain top fundraising talent? Join us tomorrow — Tuesday, May 24 — or on demand — to learn from an advancement leader with nearly 20 years of talent management experience and the head of an executive search firm with deep expertise in development. [Register now]( to join us tomorrow. [Low-Cost Ways to Boost Planned Gifts]( [STORY IMAGE]( Donors are showing increased interest in planned giving since the pandemic began, and many donors are pledging larger gifts. Yet many charities miss out on legacy gifts simply because they never ask supporters to consider leaving one. How can you increase planned giving to your nonprofit without spending a lot? Join us on Thursday, June 9, to learn simple yet effective ways to inspire loyal donors to make planned gifts. [Register today.]( SPONSOR CONTENT | Center for Creative Leadership [Responding to the Great Resignation]( NONPROFIT NEWS FROM ELSEWHERE Bloomberg Philanthropies and other philanthropies spent more than a decade and hundreds of millions of dollars to phase out coal and other fossil fuels. But Bloomberg’s latest gift of $242 million has raised questions about how significant a role billionaires and philanthropic groups can play in pushing the world toward a sustainable future. Helen Mountford, president of ClimateWorks Foundation, said philanthropy “cannot make up for where there are government policy failures.” However, “it can help show the solutions,” she said. It can move more quickly, work directly with communities, make riskier investments, and provide data and expert analysis to public officials. ([Washington Post]( Plus: See the Chronicle’s in-depth cover report examining ClimateWorks and other efforts donors have funded to [curb climate change](. More News - Report: Top Southern Baptists Stonewalled Sex Abuse Victims ([Associated Press]( - Tax Records Show BLM Foundation Gave 3 Consultants Close to the Founder About $4 Million in Contracts, Critics Say Local Chapters Were Neglected ([Yahoo]( - A Billionaire’s Pledge to High School Graduates and Their Families ([60 Minutes]( Plus: See the Chronicle’s in-depth examination of the program featured in this report, plus many others, and why [questions are being raised]( about their effectiveness Ukraine Aid - How Former ‘Real Housewife’ Bethenny Frankel Turned Business Savvy Into a $100 Million Disaster Relief Effort ([Time]( - Liev Schreiber’s New Effort to Vet Relief Efforts in Ukraine ([NPR]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS GRANT MAKING [Are Foundations’ Doors Opening?]( By Alex Daniels [STORY IMAGE]( At the start of the pandemic, many foundations loosened grant requirements and vowed to give more to grassroots groups, especially those led by people of color. Two years later, it’s uncertain what will stick. Plus, see the rest of our [May issue]( posted online today. EXECUTIVE TURNOVER [Large Numbers of Nonprofit Leaders Are Stepping Down — and the Competition to Find New Ones Is ‘Fierce’]( By Jim Rendon [STORY IMAGE]( The churn has pushed salaries for nonprofit leaders up as much as 30 percent over the last two years. FOUNDATION GIVING [New Effort Seeks to Make It Easy for Big Donors to Give to Small Charities Advancing Social Change]( By Alex Daniels [STORY IMAGE]( The push comes from a group of wealthy philanthropists who failed to persuade Congress to force the rich to donate more. GIVING INNOVATION [Giving Cash Directly to People in Need Is a Growing Trend, as Evidence Shows It Works]( By Kristen Griffith [STORY IMAGE]( The money gets to people quickly, and most of it goes for food, housing, or utilities. Recipients report better mental health and lower hunger rates. OPINION [A New Award Puts the Focus on How Philanthropy Can Do More in the South]( [STORY IMAGE]( Social-justice organizations in the region can compete for a prize that offers $30,000 in cash and $15,000 in pro bono communications and strategy. SPONSOR CONTENT | Funders For Real Cost, Real Change [Project Grants Need Not Be the Enemy: Part 3]( After two and a half years of exploration and discussion, the dozen foundations participating in Funders for Real Cost, Real Change identified four options for better project grantmaking. Read what they are today. ADVERTISEMENT RECOMMENDED WEBINAR [How to Attract — and Keep — Top Fundraisers] [Register Now]( — Even before the pandemic sparked the so-called Great Resignation, turnover in fundraising was a major challenge for many nonprofits. With big-gift officers bringing in as much as 90 percent of fundraising revenue at some organizations, high turnover can be an existential threat. How do some organizations hire and retain top fundraising talent, and what can you learn from them? Join us on May 24 at 2 p.m. Eastern to learn from an advancement leader with nearly 20 years of talent management experience and the head of an executive search firm with deep expertise in development or [watch on-demand](. 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