A Family Fund Gives All of Its Assets to a Black-Focused Nonprofit Newspaper

Plus, AmazonSmile's end is alarming to nonprofits that benefited. Also, donors must learn to see past the façade of charities that mislead with impressive-sounding data (opinion) 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 [A Family Fund’s Response to the Racial Reckoning: Give All Its Assets to One Black-Focused Nonprofit]( By Alex Daniels [STORY IMAGE]( A Baltimore foundation gave nearly all of its $1 million in assets to resuscitate a nonprofit newspaper. Its goal: to put the money in the hands of a Black-led charity and counter the idea it’s enough just to give to racial-equity organizations ADVERTISEMENT CORPORATE SUPPORT [AmazonSmile’s End Is Alarming, Say Nonprofits That Benefited]( By Thalia Beaty and Glenn Gamboa, Associated Press [STORY IMAGE]( Thousands of nonprofit beneficiaries are disappointed and concerned about finding ways to replace the funding. OPINION [Charities Too Often Mislead With Impressive-Sounding Data. Donors Must Learn to See Past the Facade.]( By Robin Pierro [STORY IMAGE]( Relying on simple metrics to demonstrate a nonprofit’s effectiveness to potential donors creates a false narrative about how sustainable change happens. Webinars [Fundraising Events in 2023: How to Plan and What to Know]( [STORY IMAGE]( Join Our Next Webinar — Fundraisers planning events have a lot to juggle: keeping people safe from illness, entertained, and inspired — while staying within budget as expenses rise. How can you plan a successful event this year — and maximize results — amid uncertainty? Join us Thursday, February 9, at 2 p.m. Eastern for actionable advice and real-world examples from two experts. They’ll share proven ways to build community, raise more money, and create a plan that can be adapted if circumstances change. [Register Today.]( SPONSOR CONTENT | Independent Sector [Bridging Technology and Opportunity to Create Equity for Black Pittsburgh]( Nonprofit News From Elsewhere Online From heaters to scientific research grants, U.S. philanthropists are offering aid to Ukrainians that goes beyond the official support for the military and government. One effort, coordinated by former N.Y governor George Pataki, got U.S.-made industrial-scale, diesel-powered heaters to “points of invincibility,” usually tents where Ukrainians can warm up, see others, or charge their phones and laptops amid lasting power outages. By one estimate, Ukrainian-Americans or refugees in the United States have raised more than $100 million in emergency aid to the country. Another effort is a tranche of $1.2 million in grants to Ukrainian scientists from the Simons Foundation. The philanthropy, launched by hedge-fund magnate James Simons and his wife, Marilyn, supports basic research. The 405 recipients include chemists, biologists, physicists, and mathematicians, many of whose work has been interrupted or facilities damaged during the war. ([New York Times]( and [Wall Street Journal]( — subscription) A major health-care nonprofit in Los Angeles faces a multimillion-dollar lawsuit over serious maintenance issues at a Skid Row building it owns. Residents of the Madison Hotel are suing the AIDS Healthcare Foundation over an antiquated elevator there that frequently shuts down, leaving many trapped in, or unable to reach, their rooms. Outages can last months, and the foundation has blamed “problems with city inspectors” and the difficulty of finding replacement parts for the 1924-built machine. Tenants pay others to carry them up the stairs, drag themselves up, or sometimes sleep in the lobby. The foundation, which has gone to bat for tenants’ rights in California, is believed to be the largest AIDS nonprofit in the world, with more than $200 million in cash on hand and $1 billion in assets. It is also accused of making four-digit settlements with tenants, some of whom have learning disabilities, in the absence of their lawyers. The foundation declined to be interviewed, and a spokesman said plaintiffs’ lawyers were seeking publicity in order to sway potential jurors in the upcoming trial. ([Los Angeles Times]( More News - NIH Did Not Properly Track a Nonprofit Studying Coronaviruses, Report Finds ([New York Times]( - California’s Sanford Burnham Prebys research institute aims to recruit 20 scientists with $70 million gift from billionaire T. Denny Sanford ([San Diego Union-Tribune)]( - Indonesian Charity Executives Jailed for Pocketing Millions Donated to Boeing Crash Victims ([Vice]( - Lauren Sánchez on Going to Space and Working With Jeff Bezos ([Wall Street Journal]( — subscription) Jewish Philanthropy - Half of America’s 25 Most Generous Philanthropists Are Jews. Few Give Much to Jewish Causes. ([Jewish Telegraphic Agency]( - A New Newsletter From Robert Kraft’s Foundation Opposing Anti-Semitism Aims to Review Online Hate ([eJewish Philanthropy]( - The 19th Century’s Most Consequential Jewish Philanthropist and the Gentiles Who Hated Him ([Mosaic]( Opinion - After 10 Years, Amazon Is Shutting Down Its Charity Program That Gave Away $500 Million. The Reason Will Make You Mad ([Inc.)]( - Why It’s Time to Stop Displaying Human Bodies in Museums ([CNN]( - Time for Art Museum to Reveal the Truth About Basquiat Scandal ([Orlando Sentinel]( - Nonprofit Collaborations Provide the Resources for Deep Work ([Editor & Publisher]( Arts and Culture - Baltimore Museum of Art Taps Its Chief Curator as Its Next Director ([New York Times]( - Nuance Is Difficult When It Involves Nazis, a Museum Finds ([New York Times]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS OPINION [Jeff Bezos Says Giving Is Hard. That Trope Goes Back to Andrew Carnegie]( By Benjamin Soskis [STORY IMAGE]( When invoked too zealously, it can deflect attention from what grantee leaders often find most difficult about philanthropy: a lack of urgency, a failure to deliver resources expeditiously, and the imposition of burdensome restrictions. OPINION [End the Charitable Tax Exemption and Remove the Conflict of Interest Baked Into Big Philanthropy]( By Jeffrey Cain [STORY IMAGE]( At a time of growing distrust in philanthropy and stagnant or declining giving, it’s no longer tenable to maintain a system that allows donors to reap rewards through the nonprofits they fund. ECONOMIC OUTLOOK [Nonprofits Enter 2023 With Inflation Cooling and Job Market Still Strong]( By Sara Herschander [STORY IMAGE]( Organizations are seeking loans and taking other steps to help keep workers, and those who are trying to build or renovate facilities are facing high borrowing costs. Meanwhile, foundation assets have been hit hard, so it might be tougher for nonprofits to obtain grants in the coming year or two. INNOVATION [Nonprofit Registry Launches New Dot-Giving Domain to Help Charities Raise Money]( By Emily Haynes [STORY IMAGE]( The new domain can be used by charities to complement their main site and make fundraising more efficient or by individuals to create sites to solicit gifts for charities or by corporations to highlight their social-responsibility programs. RESEARCH [Educational Fundraisers Worry Economy May Keep Them From Meeting Goals, Survey Says]( By Emily Haynes [STORY IMAGE]( The drop in confidence may be a side effect of fundraiser vacancies and overwork among those who remain on staff at colleges and independent schools. ADVERTISEMENT RECOMMENDED WEBINAR [Watch Our Webinar]( — Fundraisers planning events have a lot to juggle this year: keeping people safe from illness, entertained, and inspired — all while staying within budget as expenses rise. How can you plan a successful fundraising event this year — and maximize results — amid uncertainty? Join us for a 75-minute webinar on Thursday, February 9, at 2 p.m. Eastern as two successful executives share actionable advice and real-world examples of what's working now. Whether you’re planning in-person galas, small gatherings, or virtual events, our expert guests will share proven ways to build community — and raise more money at your next event. Plus, they'll highlight ways to create a flexible plan that can be adapted if circumstances change. 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