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How Bonuses Can Help Nonprofits Stretch Budgets and Retain Fundraisers

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Wed, May 10, 2023 03:37 PM

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Plus: Ending the Covid health emergency must not end progress toward health equity ; $150 million gi

Plus: Ending the Covid health emergency must not end progress toward health equity (opinion); $150 million given to create New York Climate Exchange; and we need to learn what pluralism means in philanthropy (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 [Apple News]( [Flipboard]( and [Google News](. WORK AND CAREERS [Bonuses Can Help Nonprofits Stretch Budgets and Retain Fundraisers]( By Emily Haynes [STORY IMAGE]( As nonprofits struggle to hire and retain fundraisers, some are turning to performance-based bonuses to entice and retain talent. There are plenty of ways to ethically reward hard-working fundraisers — the Association of Fundraising Professionals, for example, endorses bonuses delivered as flat… ADVERTISEMENT GRANTS ROUNDUP [Simons Foundation, Bloomberg Philanthropies Give $150 Million to Create New York Climate Exchange]( By M.J. Prest [STORY IMAGE]( Here are notable new grant awards compiled by the Chronicle: LETTERS TO THE EDITOR [We Still Have a Lot to Learn About What Pluralism Means in Philanthropy]( The leader of the New Pluralists calls for continuing dialogue to better understand what pluralism is and what it isn’t — and why embracing it is so important for philanthropy. OPINION [The End of the Covid Health Emergency Must Not Spell the End of Progress Toward Health Equity]( By Amy Pisani [STORY IMAGE]( While the Covid-19 public-health emergency officially ends Thursday, the need to vaccinate all people in the United States and prepare for future pandemics must continue. Recognizing this reality, the Biden administration last month announced plans to support ongoing Covid-19 vaccine development… Webinars [Thursday: Optimize Your Data and Segment Donors]( [STORY IMAGE]( Join us on Thursday, May 11, at 2 p.m. Eastern for a 75-minute session to learn simple steps you can take right away to enhance your donor records and customize your outreach to give supporters information and appeals that resonate. We’ll share real-world examples of personalized messages that make the most of donor data to improve fundraising results. Can’t make the live event? Watch on demand. [Sign up now.]( SPONSOR CONTENT | Amazon Business [Turning Unspent Budgets into Vital Resources]( Nonprofit News From Elsewhere Online A biotechnology entrepreneur is giving $100 million to Brigham and Women’s Hospital in Boston to investigate immunology and chronic inflammation. Gene Lay, whose company, BioLegend, creates reagents for cellular research, will bankroll a new institute that will focus on increasingly prevalent immune- and inflammation-related conditions, such as allergies, inflammatory bowel disease, diabetes, and multiple sclerosis; the aging of the immune system; and how to harness immunity to fight cancer. It will draw staff from Brigham, Massachusetts General Hospital, and Harvard Medical School. Vijay Kuchroo, an immunologist at Brigham who will lead the institute, said its scientists will be able to identify pivotal points within genes or proteins that can go awry. “Philanthropic gifts like this allow you to do it. No other agency will allow you to do a project this big,” he said. ([Boston Globe]( More News - The End of an Era for the Sisters of Charity of New York ([Associated Press]( - Seattle Food Nonprofit FareStart to Lay Off 20% of Its Workforce as Covid-Era Funding Dwindles ([Puget Sound Business Journal]( More Big Gifts - University of Texas Dallas Receives $40 Million From Harry Bass Foundation for New Arts School ([Dallas Morning News]( - Vir Biotechnology Awarded $10M Grant by Bill & Melinda Gates Foundation to Develop HIV Vaccine ([BioPharma Reporter]( - Indiana’s Taylor University Announces $20M Gift, Largest in School History ([Inside Indiana Business]( Arts and Culture - After Seizures, the Met Sets a Plan to Scour Collections for Looted Art ([New York Times]( - The Getty Gives $17 Million to Museums for Pacific Standard Time Exhibitions ([New York Times]( - Why Did Philadelphia’s Mütter Museum Take Down All Its YouTube Videos and Online Exhibits? ([WHYY]( - Adam McKay Launches Nonprofit Climate Content Studio Yellow Dot With Debut Video ‘Commercial for Big Money’ ([Deadline]( Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup. SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Editor's Picks EXECUTIVE LEADERSHIP [Philanthropy Roundtable CEO Elise Westhoff Is Stepping Down]( By Jim Rendon [STORY IMAGE]( She says she wants to focus more on her family and that her efforts as CEO to raise the group’s public profile through sometimes controversial opinion articles and public appearances have appealed to the values that the group’s members share. AFFORDABLE HOUSING [Grant Makers Support Affordable Housing to Further Many Other Causes]( By Eden Stiffman [STORY IMAGE]( Donors and foundations that seek to improve education, health, and economic opportunity are backing solutions to fix the housing crisis. OPINION [To Effectively Support Democracy, Donors Need to Support Workers’ Rights]( By Pamela Shifman and Shekar Narasimhan [STORY IMAGE]( Investing in workplace organizing is one of the surest ways to build a thriving and inclusive American democracy — and disrupt movements that fuel division and dysfunction. ADVICE [How Some Fundraisers Are Using ChatGPT Technology to Do Their Jobs Better]( By Emily Haynes [STORY IMAGE]( The chatbot can automate mundane, time-consuming tasks like writing social-media posts, drafting thank-you notes to donors, and completing grant applications. OPINION [What Was the Philanthropic Pluralism Manifesto Really About?]( By Craig Kennedy [STORY IMAGE]( A recent call by philanthropy leaders for greater civility and respect of those with different views appears to be an opening response to critics, especially those in Congress, who want to reform laws governing the field. ADVERTISEMENT RECOMMENDED WEBINAR [Join Our Next Webinar]( — The most successful fundraising shops can segment donors — grouping them according to their areas of interest and their preferred methods of communication. How can you ensure your data is reliable and then use it to maximize your fundraising results? Join us on Thursday, May 11, at 2 p.m. Eastern (or on demand) for a 75-minute session to learn simple steps you can take right away to enhance your donor records and customize your outreach to give supporters information and appeals that resonate. We’ll share real-world examples of personalized messages that make the most of donor data to improve fundraising results.[Register today.]( JOB OPPORTUNITIES [Director of Institutional Advancement]( University of Rio Grande [Senior Regional Director of Development]( The Salvation Army Southern California Division [Search other jobs.]( [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

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