Gates Foundation Plans to Give $8.3 Billion in 2023

Plus, Fidelity Investments has pledged $250 million to support minority students, and allegations that George Santos’s charity is fake highlight how scams divert money from worthy causes ADVERTISEMENT [Philanthropy Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. You can now follow The Chronicle on [Flipboard]( and [Google News](. FOUNDATION GIVING [Gates Foundation to Increase Funding to $8.3 Billion This Year]( By Alex Daniels [STORY IMAGE]( The grant maker predicts its annual grant budget will grow to $9 billion by 2026. ADVERTISEMENT CORPORATE SUPPORT [Fidelity Pledges $250 Million to Support Minority Students]( By Glenn Gamboa, AP Business Writer [STORY IMAGE]( The Invest in My Education program, announced Tuesday, plans to increase graduation rates and students’ ability to complete their education debt free. GOVERNMENT AND REGULATION [Allegations That George Santos’s Charity Is Fake Highlight How Scams Divert Money From Worthy Causes]( By Sarah Webber [STORY IMAGE]( Santos says Friends of Pets United rescued 2,400 dogs and 280 cats and that it trapped, neutered, and released over 3,000 cats. But no evidence has been presented publicly showing the charity ever existed. GIFTS ROUNDUP [Harvard Lands $50 Million Gift to Launch Program Honoring Paul Farmer]( By Maria Di Mento [STORY IMAGE]( Plus, gifts from MacKenzie Scott and Michael Jordan inspired a Washington State couple to give Friends of the Children $33 million to expand its youth mentoring and family services programs. Webinars [Create a Donor-Communication Plan for 2023]( [STORY IMAGE]( Fundraisers know that sharing messages that resonate with donors and that into account each person’s preferences is the best way to hold on to supporters. So how do successful groups manage, assess, and adjust their donor communications each year? Join us on Thursday, January 19, at 2 p.m. Eastern to get advice from experts on which tactics and channels to prioritize for optimal results, which kinds of messages strengthen ties, and how to set strong and realistic goals in unpredictable times. [Register now.]( SPONSOR CONTENT | HundredX [How one company is using customer opinions to generate millions for nonprofits.]( Nonprofit News From Elsewhere Online As employers face a tight labor market, nonprofits in New England are finding it especially difficult to find and keep their workers. From warehouse workers to lifeguards, from preschool teachers to fund-raisers, positions are sitting vacant for months as nonprofit employees leave for better pay. At the same time, demand for human services remains at pandemic levels. Some groups are using federal or state aid or a surge in donations to offer bonuses and better benefits – a stopgap solution -- while others are having to cut back services. A coalition of nonprofits is asking Massachusetts to reimburse groups that perform outsourced social services to a level that allows them to match state employees’ salaries. The exodus of workers “keeps me up at night,” said an executive with the National Council of Nonprofits. ([Boston Globe](. Background from the Chronicle: [The Nonprofit Hiring Crisis]( More News - British Natural History Museum Under Fire For Gagging Clause With Danish Oil Sponsor ([Guardian]( - Rightwing Group Pours Millions In ‘Dark Money’ Into U.S. Voter Suppression Bid ([Guardian]( - A Marketing Firm That Works With Jewish Groups, Big Duck, Has Nixed A Potential Client Because Of Its Israel Ties ([Jewish Telegraphic Agency]( - Giving Brooklyn Nonprofits a Bigger Piece of the Pie ([New York Times]( - How Philanthropy Can Nurture Scientific Research ([Nature]( - Calvin Cafritz, D.C. Developer and Head of the Cafritz Foundation, Dies at 91 ([Washington Business Journal]( Arts and Culture - As Storms Postpone or Cancel Arts Events Across Los Angeles, Organizations Remain Resilient ([Los Angeles Times]( - The Fashion Sale of the Century: A Legendary Fashion Editor’s Collections Head to Charity Auction ([New York Times]( - After 220 Years, the Fate of the Parthenon Marbles Rests in Secret Talks ([New York Times]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS DATA [Giving Was Up but the Number of Donors Was Down the First Three Quarters of 2022]( By Rasheeda Childress [STORY IMAGE]( Charitable giving was up 4.7 percent, but the number of individual donors was down 7.1 percent compared with 2021, according to new data from the Fundraising Effectiveness Project. FINANCES [Recovering From the Pandemic, Groups Make Use of Covid-Relief Money That Keeps On Giving]( By Drew Lindsay [STORY IMAGE]( Organizations are availing themselves of a nearly three-year-old tax credit that Congress revamped to make more businesses and nonprofits eligible. OPINION [2 Years After Jan. 6 Insurrection, Philanthropy Must Help America Envision a Better Future]( By Suzette Brooks Masters [STORY IMAGE]( Donors need to learn to behave like good ancestors. That means instilling a future-oriented mind-set into grant making and imagining a more positive version of the nation and democracy. DIVERSITY, EQUITY, AND INCLUSION [A Fundraiser Rallies Donors to Loan Paintings for a Special Exhibit of Black Art at Cedars-Sinai]( By Rasheeda Childress [STORY IMAGE]( The exhibit was sparked by a call from a donor to a fundraiser to discuss leaving pieces by Black artists so the art would reflect more of the hospital’s patients. OPINION | WHAT WE'VE LEARNED [The Risks and Rewards of Sharing Power With Your Community]( By Mia Halthon and Ira Hillman [STORY IMAGE]( What does it look like to partner with those whose expertise comes largely from lived experiences? An early-childhood program shows why bringing parents to the decision-making table was critical to its work. ADVERTISEMENT RECOMMENDED WEBINAR [Watch Our Webinar]( — Fundraisers strive to communicate with donors thoughtfully and according to each person's preferences because they know doing so will keeping supporters connected. But it's hard to do this consistently without careful planning. How do savvy fundraisers manage, assess, and adjust their donor communications each year? Join us on Thursday, January 19, at 2 p.m. Eastern for a 75-minute webinar to get advice from experts on which tactics and channels to prioritize for optimal results, which kinds of messages strengthen ties, and how to set strong and realistic goals in unpredictable times. [Register today.]( JOB OPPORTUNITIES [VP Development]( Care Dimensions [Vice President of Development & Donor Relations]( Santa Fe Community Foundation [Development Director]( Harmony Program [Director of Advancement, Neurosurgery (Hybrid)]( University of Utah Health [Chief Development Officer (Hybrid - NYC)]( World Science Festival [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. © 2023 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037