New Guide Gives Foundations Ideas for Funding Climate Justice

Plus, companies that pledged billions for racial justice must invest more in staff to distribute those funds (opinion) ADVERTISEMENT [Philanthropy Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. FOUNDATIONS [New Guide Urges Grant Makers to Fund Climate Justice]( By Jim Rendon [STORY IMAGE]( Foundations can partner with grant makers that already work with small community-focused organizations, especially those run by people of color, and examine their existing grantees in other causes for opportunities to fund climate work. ADVERTISEMENT OPINION [Companies That Pledged Billions for Racial Justice Must Invest More in Staff to Distribute Those Funds]( By Carolyn Berkowitz and Edgar Villanueva [STORY IMAGE]( Corporate social-responsibility departments lack the diversity and resources to effectively manage significantly increased charitable dollars. Webinars [Today: 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 today, June 9, to learn simple yet effective ways to inspire loyal donors to make planned gifts. [Register now]( and join us this afternoon. [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.]( NONPROFIT NEWS FROM ELSEWHERE St. Jude Children’s Research Hospital is sitting on a $7.6 billion reserve, thanks partly to record-setting fundraising last year, even as other pediatric hospitals and health research facilities struggle to keep their programs open. The hospital held on to $886 million of the more than $2 billion it took in last year. “It’s time for St. Jude to respect donors’ preferences and stop hoarding,” said Ge Bai, a professor of accounting and health policy at Johns Hopkins University. Others complained that St. Jude’s aggressive fundraising makes it difficult for other institutions doing similar work to get funding. St. Jude said the surplus will allow it to meet expected increases in operating costs and to launch a five-year, $200 million effort “to help thousands of children in the Middle East, Africa, and other parts of the world receive free chemotherapy drugs.” Last year, the hospital expanded its financial support to families of its patients after coming under fire for sitting on a huge surplus while families liquidated their assets and borrowed to afford expenses related to treatment. ([ProPublica]( More News - Brookings Puts Its President on Leave as FBI Probes Alleged Qatar Lobbying ([Wall Street Journal]( — subscription) - She Helped Create the Big Lie. Records Suggest She Turned It Into a Big Grift. ([Reveal]( - New York Let Residences for Kids With Serious Mental Health Problems Vanish. Desperate Families Call the Cops Instead. ([ProPublica]( - Minnesota Public Radio Receives $56 Million Anonymous Donation ([Associated Press]( - Jeff Bezos Descends on NYC Zoo and Is Honored by CEO He Hired Away ([Bloomberg]( - Domestic-Violence Nonprofit Faces Backlash for Supporting Amber Heard ([New York Post]( Arts and Culture - President of Museum of Natural History to Step Down After Nearly 30 Years ([New York Times]( - Enforcers, Tour Guides, Artists: the Many Occupations of the Guards at the Met ([New York]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS THE CHANGING NONPROFIT WORKPLACE [The Nonprofit Hiring Crisis]( By Jim Rendon [STORY IMAGE]( Staff shortages and resignations are hampering nonprofits’ ability to do their work. Here’s how they are coping — and trying to remedy the situation. GIVING [Deep Disparities Persist in Finances of Nonprofits Led by White People and People of Color]( By Dan Parks [STORY IMAGE]( Foundations made advancements in equity amid the pandemic and racial-justice protests, but BIPOC-led nonprofits still trail their white-led peers in many measures of financial health and sustainability, according to the results of a new survey. FOUNDATION GIVING [In Unusual Step, Foundations Embrace Organized Labor With $20 Million Plan to Help Workers in the South]( By Alex Daniels [STORY IMAGE]( Progressive foundations have already raised $14 million after a string of victories at Amazon, Starbucks, and elsewhere demonstrated that workers have the potential to push for big changes. ABORTION RIGHTS [Grant Makers and Donors Call for Focus on Grassroots Giving in Wake of Likely Supreme Court Ruling on Abortion]( By Alex Daniels [STORY IMAGE]( The groups are pledging to commit their own money to put the spotlight on efforts to help women get safe abortions, especially those who are poor and women of color because they will bear the biggest impact in states where the practice could be outlawed. 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. SPONSOR CONTENT | DonorPerfect [Download your free guide]( to learn essential principles of design you can implement for free, with resources you already have. 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. [Register today.]( JOB OPPORTUNITIES [Chief Development Officer]( Girl Scouts of the USA [Chief Philanthropy Officer]( Lubetzky Family Foundation [Vice President for Institutional Advancement]( Bennington College [Director of Partnership Development, Fundraising]( KABOOM! [Search other jobs.]( NEWSLETTER FEEDBACK [Please let us know what you thought of today's newsletter in this three-question survey](. [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. © 2022 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037