Daylight Saving Time Switch Dampens People’s Generosity

Plus, a set of ethical principles can help philanthropy regain public trust in the field (opinion), and the Chronicle announces our 2023 Philanthropy & Accountability Fellows 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 [Apple News]( [Flipboard]( and [Google News](. ADVICE [People Give Less After Daylight Saving Time Switch]( By Rasheeda Childress [STORY IMAGE]( After losing an hour of sleep, people are less inclined to help others, research has found. ADVERTISEMENT OPINION [A Set of Ethical Principles Can Help Philanthropy Regain Public Trust in the Field]( By Kathleen Enright [STORY IMAGE]( With the release this week of guidelines for building trust in the philanthropic world, the head of the Council on Foundations is calling on grant makers to hold each other accountable for maintaining high ethical standards. Webinars [Today: Make It Easy for DAF Donors to Give]( [STORY IMAGE]( Economic uncertainty may be causing anxiety, but on a bright note, it’s a good time to focus on gifts from donor-advised funds because the money is already set aside for charitable giving. To learn how to appeal to DAF donors and make it seamless for them to give, join us today, March 9, at 2 p.m. Eastern. Our expert guests will explain how to connect with those who hold DAFs, what motivates them to make a distribution, and how to inspire them to give. [Sign up now]( and join us this afternoon. [Build a Diverse Pool of Donors]( [STORY IMAGE]( Many fundraising leaders are figuring out how to build trust with donors who may be quite different than the people who supported their nonprofit a decade ago. Join this 75-minute webinar on March 23 at 2 p.m. Eastern (or on demand later) to learn how your nonprofit can tap into the generosity of donors of all backgrounds and broaden its support. You’ll get practical ways to create inclusive fundraising strategies that attract support from donors large and small. [Sign up today.]( SPONSOR CONTENT | Plan International [What Does Equality Look Like? Girls Have the Answer]( Chronicle Awards Fellowships to 4 News Organizations to Support Coverage of Philanthropy & Nonprofit Accountability Newsrooms selected in this second year of the Chronicle of Philanthropy fellowship program will each receive a $15,000 stipend to subsidize the work of editors and reporters on projects for publication at their organizations and in the Chronicle. The new recipients will address equity in nonprofit compensation, philanthropy’s part in addressing growing homelessness, and more. See our [news release]( and more information about our [fellowships](. Nonprofit News From Elsewhere Online Opinion: Universities’ relatively recent focus on high-risk investment, ballooning endowments, and megadonors has undermined their essential function of education. Beginning in the late 1980s, university money managers started to turn away from the reliable returns of government bonds toward investments such as hedge funds, property, and real-estate funds. The rewards are sometimes immense: Yale, which pioneered the shift, saw its endowment shoot from $1.3 billion in 1985 to $31.2 billion in 2020. Meanwhile, even as public funding for higher education has shrunk, those returns have not been used to lower tuition costs, recent research has found. Instead, they have gone toward “operating expenditures that increased the selectivity and national ranking of the school.” Administrators also pour some of those gains into fundraising, and this pursuit of lucrative opportunities and big donors has influenced institutions’ academic and research priorities. ([Insider]( Small dance companies are increasingly flattening their leadership structures, moving away from the single choreographer-director model. The trend toward co-leadership aligns with efforts to present a wider diversity of artistic visions, and it can lighten the load on founders, who are often women of color. Dancers, too, are being invited to step out of their prescribed roles and offer opinions and ideas. Handing over power and ensuring all the players are respected and heard has sometimes been fraught, but one founder-choreographer said, “Our public programs are very artist led, they’re very equity driven. We really wanted to align our internal structures to better reflect those values.” ([New York Times]( More News - Food Banks Will Bear the Brunt of America’s Looming Hunger Cliff ([New Republic]( - Trump Loyalist Kash Patel’s Tax-Exempt Charity Raises Questions, Experts Say ([ABC News]( - Feds Probe St. Louis-Area Church, Nonprofit That Claimed Millions in Federal Food Aid ([St. Louis Post-Dispatch]( - Black Charity Boss Quits Over Impact of Palace Race Scandal ([Newsweek]( - Pew’s Stateline Finds a New Home With Nonprofit States Newsroom ([Nieman Lab]( - Two of Pittsburgh’s Biggest Foundations Providing Sabbaticals to Nonprofit Execs ([Pittsburgh Business Times]( - Latino Representation Lags on Sacramento’s Nonprofit Leadership Boards, Study Says ([Sacramento Bee]( - Amal Clooney, Melinda French Gates, and Michelle Obama Share 3 Ways to Help End Child Marriage ([Time]( Arts and Culture - A Changing of the Guard at the Whitney Brings a New Director ([New York Times]( - Ukraine Defiant: A Russian Art Museum in Minneapolis Grapples With a Russian War ([Minnesota Public Radio]( - A24, the Indie Film Studio, Buys New York’s Cherry Lane Theater ([New York Times]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Editor's Picks FINANCES [Inflation, Labor Costs, and Dwindling Pandemic Aid: Is a Fiscal Cliff Ahead?]( By Drew Lindsay [STORY IMAGE]( Pressures spun up from Covid are cutting into revenue, as foundation and government funding dwindles and a possible recession looms. CAREERS [New Report Details How to Level the Playing Field for Women Fundraisers]( By Rasheeda Childress [STORY IMAGE]( A key recommendation is to create a code of conduct that lays out expectations for donors and for organizations to back fundraisers up when they’ve been sexually harassed. DIVERSITY, EQUITY, AND INCLUSION [How to Advance Racial Equity: One Foundation Shares Lessons]( By Charles Sidney Fields [STORY IMAGE]( The staff and board of the James Irvine Foundation participated in 18 months of training to embed racial equity into their programs, operations, and grant making. GIVING [Powerful Donor Quietly Supports Groups Opposing Abortion and LGBT Rights]( By Jim Rendon [STORY IMAGE]( Sean Fieler’s approach to giving is to make relatively modest contributions to a large number of nonprofits. He also pairs charitable and political giving to advance the causes he supports. Plus: See the rest of our [March issue.]( OPINION [Volunteers Can Teach the Professionals a Lot About Raising Money — if They Let Them]( By Dan Mangiavellano and Marianne D. Mattran [STORY IMAGE]( As donors themselves, volunteer fundraisers understand what makes potential donors tick — and often in ways the professionals don’t. Greater respect for their skills and increased collaboration with development staff are sorely needed. ADVERTISEMENT RECOMMENDED WEBINAR [Join Our Next Webinar]( — Fluctuations in the economy can be unsettling for fundraising, but now is a good time to focus on donor-advised funds because that money has already been set aside for charitable giving. How can your nonprofit appeal to DAF donors and make it seamless for them to give? During this 75-minute webinar, you'll get an insider's view of how and why wealthy individuals open DAFs at one community foundation and you'll learn directly from a wealth adviser how to connect with those who hold DAFs, what motivates them to make a distribution, and how to capture their interest. Join us March 9 at 2 p.m. Eastern or on demand at your convenience. You’ll also learn why it’s important to stay on top of changes in financial policies and trends in wealth management and how to inspire donors to give. [Register today.]( JOB OPPORTUNITIES [Quality Control Associate]( ProGeorgia [Vice President, Programs]( Fidelity Foundations [Senior Managing Director for Development, Kellogg School of Management]( Northwestern University [Search other jobs.]( NEWSLETTER FEEDBACK [Please let us know what you thought of today's newsletter in this three-question survey](. 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