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Donors Grow More Pessimistic With Economic News

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Mon, Jun 27, 2022 03:57 PM

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Plus, the Supreme Court’s abortion decision is prompting new challenges for philanthropy , and

Plus, the Supreme Court’s abortion decision is prompting new challenges for philanthropy (opinion), and the Medical College of Wisconsin has received $50 million to reshape the medical profession ADVERTISEMENT [Philanthropy Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. FUNDRAISING [Donor Pessimism Grows as Economy Wobbles, Poll Finds]( By Dan Parks [STORY IMAGE]( A new survey suggests that a growing share of donors are thinking about pulling back on their giving in the year ahead. ADVERTISEMENT OPINION [Supreme Court’s Abortion Decision Prompts New Challenges for Philanthropy]( By Leslie Lenkowsky [STORY IMAGE]( An important but controversial era in public policy ended with last week’s Supreme Court ruling allowing states to outlaw abortion. Philanthropy and nonprofits have played large roles on both sides of the fight over legalized abortion, and they will have even more to do as a new era unfolds. GIFTS ROUNDUP [Medical College of Wisconsin Gets $50 Million to Help Transform the Profession]( By M.J. Prest [STORY IMAGE]( Also, the University of Virginia will use a $17.6 million gift for its democracy and Civil War history programs, and the billionaire heir Howard Buffett is giving $2.7 million for humanitarian aid in Ukraine. Webinars [Revamp Your Online Fundraising Strategy]( [STORY IMAGE]( With so many ways to communicate with donors online, it can be difficult to know where to focus limited time and money. Which online tactics are working now? What new opportunities are on the horizon? Join us on demand, or live on July 14, to get answers to these questions and more. Our expert guests will share must-haves for online fundraising success and offer smart ways to capture donors’ attention and combat fatigue amid health, economic, and geopolitical crises. [Register today.]( SPONSOR CONTENT | GolfStatus [Attracting New Donors With Your Golf Fundraiser—And How to Keep Them]( BRIEFINGS & FORUMS [Wednesday: A New, More Inclusive Era of Fundraising?]( [STORY IMAGE]( Some nonprofits are creating networks of donors of color and fundraising roles that advance DEI, but critics say these positive changes are happening too slowly. What kinds of opportunities do these shifts present to fundraisers, donors of color, nonprofits seeking to attract them, and the larger nonprofit world? Join us this Wednesday, June 29, at 2 p.m. Eastern. We’ll explore efforts to diversify donor pools and fundraising teams. [Register today.]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. NONPROFIT NEWS FROM ELSEWHERE Through the Trump administration’s “Muslim ban,” the reversal of Roe v. Wade, and other polarizing events, charities are learning how to put “rage giving” to its best use. In the week after the May leak of the Supreme Court’s decision to overturn Roe, Planned Parenthood’s base of supporters grew by 20 times, echoing the $24 million that the American Civil Liberties Union raised, mostly from first-time donors, after the Trump administration curtailed immigration from majority-Muslim countries in 2017. Rage giving gives donors a sense of control during distressing and incomprehensible times, according to an executive at an organization that has been on the receiving end of it, the HIAS refugee-protection nonprofit. But nonprofits need to understand that many of the first-time donors will not become regular supporters, and for small organizations, the tidal wave of cash can be intimidating. Mirella Ceja-Orozco, the co-executive director of Minnesota Freedom Fund, which had one employee when it received $20 million after the murder of George Floyd in 2020, advises recipients to “take time to figure out: ‘What do we need immediately to preserve the integrity of our organization and what we’re working on, but also to handle this immense responsibility?’ ” ([Town & Country]( More About Abortion - Activists Have Been Warning of an Abortion Rights Reversal. Now They’re Preparing for a New Battle. ([Boston Globe]( - With Roe Overturned, a New Ill. Nonprofit Has Begun Providing Free Light Aircraft Flights for Patients Traveling to Get an Abortion ([Chicago Tribune]( - In New York, Anti-Abortion Centers Outnumber Abortion Clinics ([New York Times]( - Lizzo and Live Nation Pledge Big Bucks for Abortion Organizations ([Los Angeles Times]( Giving - Asia’s Richest Billionaire, Gautam Adani, Pledges $7.7 Billion for Charity ([Forbes]( - Shell Giving $27.5 Million to Louisiana State U. for New Energy Innovation Institute ([Advocate]( - Hedge Fund’s Move to Fla. Only Latest Blow to Chicago Philanthropy ([Chicago Sun-Times]( - How Black Women Have Powered Philanthropy Throughout History ([Shondaland]( Arts and Culture - FBI Raids Orlando Museum and Removes Basquiat Paintings ([New York Times]( - Dallas Museum of Art Orders Full Reassessment of Its Security After Burglary ([Dallas News]( EDITOR'S PICKS OPINION [With the Fall of Roe, Abortion Rights Groups and Grant Makers Should Look Overseas for Inspiration]( By Anu Kumar [STORY IMAGE]( Recent wins for reproductive-justice movements in Latin American and Mexico offer lessons for U.S. activists about what to do next. But foundations need to first knock down funding barriers that have prevented collaboration across borders. GIVING USA [2021’s Surprisingly Strong Giving Followed by Dark Clouds]( By Emily Haynes and Drew Lindsay [STORY IMAGE]( Even as 2022’s economic uncertainty looms over fundraising forecasts, this much is clear: The pandemic-born surge in charitable giving was bigger than anyone knew. And it stretched into 2021. TOMORROW'S ECONOMY [Can Philanthropy Remake Capitalism?]( By By Marc Gunther [STORY IMAGE]( Some foundations think capitalism is at the root of the staggering economic gaps and other social ills in this country. Some call for sweeping changes; others say that’s overreach. DIVERSITY, EQUITY, AND INCLUSION [Push for Diversity Among Biomedical Grant Makers Gains New Momentum]( By Sono Motoyama [STORY IMAGE]( A new $1.5 billion grant from Howard Hughes Medical Institute is one sign of the ways foundations are seeking to reduce bias, as foundations and health charities acknowledge they need to do much better. OPINION [My Brother’s Troubling Story Shows Why Philanthropy Should Avoid Investing in Institutional Care]( By Sixto Cancel [STORY IMAGE]( A lack of space for foster kids has triggered calls for more funding of child-welfare facilities, but that is exactly the wrong approach. These institutions harm kids and exacerbate trauma. The focus instead should be on expanding the availability of high-quality foster homes. ADVERTISEMENT RECOMMENDED WEBINAR [How to Attract — and Keep — Top Fundraisers] [Join Our Next Webinar]( — This session is worth 1.25 CFRE credits. Online giving now accounts for more than 10 percent of all donations, so a savvy digital strategy is vital. But with so many ways to communicate with donors online, it can be difficult to know where to focus limited time and money. Which online tactics are working now? What new opportunities are on the horizon? Join us live on July 14 — or on demand at your convenience — to get answer to these questions and more. Our expert guests will share must-haves for online fundraising success and offer smart ways to capture donors’ attention and combat fatigue amid health, economic, and geopolitical crises. [Register today.]( JOB OPPORTUNITIES [Associate Vice President Planned Giving]( HonorHealth [Chief of Staff - Fashion Climate Fund, Apparel Impact]( Apparel Impact Institute [Development Director, Journalism Nonprofit [Remote]]( Global Investigative Journalism Network [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

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