Antipoverty Effort Offers Big Donors a Money-Back Guarantee

Plus, philanthropy needs to ensure that $3 trillion in infrastructure funds are distributed fairly (opinion), and Bayer has committed $160 million to the Zero Hunger Private Sector Pledge ADVERTISEMENT [Philanthropy Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. FUNDRAISING [Will a Money-Back Guarantee Win Over Wealthy Donors? An Antipoverty Effort Aims to Find Out.]( By Drew Lindsay [STORY IMAGE]( The campaign aims to tap two big sources of capital — the wealth of individual philanthropists and impact investments. ADVERTISEMENT OPINION [Philanthropy Needs to Ensure That Massive Infrastructure Spending Goes to Communities That Too Often Miss Out]( By Don Howard [STORY IMAGE]( As trillions in federal infrastructure dollars become available to cities and towns nationwide, grant makers have an unparalleled opportunity to insist that people of color and those who live in rural communities play a role in determining what gets built and where the jobs go. GRANTS ROUNDUP [Bayer Commits $160 Million to the Zero Hunger Private Sector Pledge]( By M.J. Prest [STORY IMAGE]( Also, the Wallace Foundation will make $100 million in grants over five years to advance equity in the arts, and the Conrad N. Hilton Foundation gave $50 million to 12 grantees. Webinars [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.]( [How to Foster Pay Equity for Fundraisers]( [STORY IMAGE]( Ensuring fair pay is vital to attract top talent in today’s hot job market. Plus, equal and transparent compensation helps create an inclusive culture that can reduce turnover. How can leaders ensure fair pay for fundraisers — or any nonprofit professionals — regardless of race, gender, or ethnicity? Join us on demand or live on June 23 to learn how to identify pay disparities, correct them, and ensure hiring and compensation is fair over the long term. [Register today.]( SPONSOR CONTENT | Funders for Real Cost, Real Change [Project Grants Need Not Be the Enemy: Part 3]( NONPROFIT NEWS FROM ELSEWHERE This week, signers of the Giving Pledge are gathering at a Southern California resort for the first time since the pandemic erupted and hosts Bill and Melinda Gates divorced. The no-press, no-staff, no-pitching confab, which until 2020 was held annually, is a chance for the billionaire signatories “to learn from each other and reconnect,” according to the invitation. But it’s also a chance to see how the Gateses will now work publicly together and to catch a glimpse of MacKenzie Scott, whose superfast approach to giving has challenged the plodding habits of big philanthropy. The conference comes as recruiting for new signatories to the pledge is slowing and the Gateses try to make it “sticky” — for instance by offering more advisory services or pooled funding opportunities — without applying pressure that would put off potential signers. “If you could get people to come and commit large amounts of money, that’s the next stage. Because you can only go so far with a pledge and a learning community,” one person close to the Giving Pledge said. ([Puck]( More News - ‘GoodWill’ Ransomware Demands Victims Donate to Charity ([Jerusalem Post]( - Months After Opening, L.A.'s Academy Museum Workers Move to Unionize ([Hyperallergic]( - Workers at Salesforce Demand Company Stop Working With NRA ([SFGate]( - U.S. Donors Are Helping Push Anti-Abortion Agendas in British Schools ([Vice]( - Eurovision Winners Auction Off Trophy to Support Ukraine’s Army ([New York Times]( - The Homeless Shelter Bearing Alex Trebek’s Name Is Finally Open ([New York]( - Philanthropist Joan Brock Gives $34 Million to Va.'s Chrysler Museum of Art ([ArtFixDaily]( - Directors of Tate, Guggenheim and MoMA Condemn Ousting of Polish Museum Head ([Art Newspaper]( Innovation - How Cash Payments Changed Low-Income Americans’ Lives ([Bloomberg City Lab]( - A Study Gave Cash and Therapy to Men at Risk of Criminal Behavior. 10 Years Later, the Results Are In. ([Vox]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS PUBLIC SAFETY [From Newtown to Uvalde: Growth in Gun-Violence Philanthropy and a New Mind-Set for a Movement]( By Drew Lindsay [STORY IMAGE]( How a decade between the two largest school shootings opened a new flow of grant dollars and ushered in a strategic rethinking of gun-control efforts. OPINION [Grief Is Everywhere and Children Are Suffering Most. What Can Philanthropy Do About It?]( By Sara Deren [STORY IMAGE]( The Covid pandemic and a gun violence epidemic have taken an enormous toll on kids. But childhood grief is consistently overlooked by grant makers who fund mental health research and services. Bereavement programs need much more support to reach the growing number of children in need. RESEARCH [Trust in Nonprofits and Philanthropy Continues to Be Higher Than in Government and the News Media]( By Alex Daniels [STORY IMAGE]( But slight declines in trust, especially among women and young people, are reasons for concern, say nonprofit leaders. OPINION [In Aftermath of Buffalo Shooting, Supporting Grassroots Groups Is the Most Effective Way to Fight White Supremacy]( By Dorian Warren and Lorella Praeli [STORY IMAGE]( The mass murder in Buffalo and attacks on abortion rights were propelled by the same racist and sexist theories. Philanthropy must respond by providing ample and ongoing support to organizations building power to change their communities and the national narrative. 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. ADVERTISEMENT RECOMMENDED WEBINAR [How to Attract — and Keep — Top Fundraisers] [Join Our Next Webinar]( — Donors are showing increased interest in planned giving since the pandemic began: In a recent survey, 60 percent of fundraisers said they are seeing a spike in interest in bequests. Plus, many donors are pledging larger gifts. Yet many charities miss out on planned gifts 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 from two experts simple yet effective ways to inspire loyal donors to make planned gifts. They'll share smart ways to identify and cultivate donors, to make it easy to give, and to promote planned giving to donors of all ages. They'll also provide tips for stewarding donors and advice for taking planned giving to the next level at your organization. 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