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Biden Economic Adviser Tapped by Arnold Ventures

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Fri, May 19, 2023 03:19 PM

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Plus, why it isn’t surprising that the IRS grants tax-exempt status to extremists, including an

Plus, why it isn’t surprising that the IRS grants tax-exempt status to extremists, including an Oath Keepers Foundation. Also, Stand Together’s call for philanthropic pluralism rings hollow (letter to the editor) 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](. TRANSITIONS [Biden Economic Adviser Joins Arnold Ventures; Giving Compass Names New CEO]( By M.J. Prest [STORY IMAGE]( Also, the Central Indiana Community Foundation and the Indianapolis Foundation have chosen new leaders to replace Brian Payne, who is retiring after leading both groups for 23 years. ADVERTISEMENT GOVERNMENT AND REGULATION [Why It Isn’t Surprising That the IRS Grants Tax-Exempt Status to Extremists, Including an Oath Keepers Foundation]( By Elizabeth Schmidt [STORY IMAGE]( Authorities sometimes struggle to draw the line between which organizations deserve to operate as nonprofits and which don’t. LETTERS TO THE EDITOR [Stand Together’s Call for Philanthropic Pluralism Rings Hollow]( Koch umbrella organization has done far more to create polarization than cure it, says the head of the nonprofit UnKoch My Campus. Webinars [Attract Corporate Support for Your Fundraising Event]( [STORY IMAGE]( In-person events are back, bringing lots of joyful reunions, but rising costs for food, entertainment, and more are a challenge. Securing corporate support for your next gathering is a smart way to defray costs and strengthen ties with corporate donors. Join us for a 75-minute webinar on Thursday, June 8, at 2 p.m. Eastern, to gain insights into the corporate-giving landscape in 2023, which strategies are working now, and why. [Register by June 1 to get the early-bird rate.]( SPONSOR CONTENT | The James Irvine Foundation [Creating a More Just Future: The Importance of Philanthropic Support for Black Worker Centers]( Online Briefings [‘Everyday Megadonors': A New Force in Giving]( [STORY IMAGE]( There are nearly four times as many Americans worth $50 million or more than there were a decade ago, many of whom keep a low profile. Some savvy fundraisers have built strong ties with these multimillionaires and billionaires. Join us and our panel of experts Tuesday, May 23, at 2 p.m. Eastern to gain insights into how they connect with donors in authentic ways that have led to some of the largest gifts in their histories. [Register today for this free session.]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online A hacking campaign is using ransomware to demand its victims donate to certain charities. The hacking group, which targets users of the Zimbra online collaboration tool, sends ransom notes decrying inequality and environmental despoilation. It instructs companies to provide proof of a donation “to a nonprofit that we approve of” or send the funds directly to the hackers, who say they will make the donation. Its dark web website says it will target small companies in Russia, the United States, and Europe, except for Ukraine, and vows to go after bigger targets once it is able. “Ransomware is an excellent tool for hacktivists for the same reasons it’s an excellent tool for for-profit extortionists: entry barriers are low, and it has the potential to cause massive disruption,” Brett Callow, a threat analyst with cybersecurity firm Emsisoft, said. ([CyberScoop]( A quarter-century after its founding, the International Justice Mission has become key to the global fight against slavery and exploitation. The organization, which says it has protected more than 10 million vulnerable people from violence, was inspired by founder Gary Haugen’s Christian faith, early-career experience as a human- and civil-rights lawyer, and formative stints abroad. In South Africa, he watched Archbishop Desmond Tutu use the power of his faith to delegitimize the apartheid system, and later, in Rwanda, he saw the limitations of donor aid to protect poor people from “the guys with the machetes.” He set up IJM in 1997 with a tiny staff and a budget of less than $100,000. Today, the nonprofit’s approximately 1,400 “lawyers, criminal investigators, trauma social workers, community organizers, and others” work in 17 countries, supported by a budget of more than $120 million. ([Atlantic]( More News - Antiabortion Group Used Cellphone Data to Target Ads to Planned Parenthood Visitors ([Wall Street Journal]( — subscription) - Supreme Court Rules Against Warhol Foundation in Prince Photo Copyright Case ([Washington Post]( - For Years, Philanthropy Has Been Trying to Buy Buildings for the Arts. Now We Know It Works. ([Next City]( - A Simple Way to Get People to Donate More to a Charity ([Wall Street Journal]( — subscription) - Is Your University Profiting From Climate Change? ([CBS News]( Nonprofit Innovation - NYC Guaranteed Income Program Goes From Pilot to Permanent ([Bloomberg](. Background from the Chronicle: [I Know Trusting Grantees Works Because It Propelled My Own Successful Career]( (Opinion) - Gilbert Family Foundation Partners to Create Detroit Home Helpline ([DBusiness]( - How a Former Boys Boarding School Became a Unique, Nonprofit Hotel Bargain in Southern Maine ([Boston Globe]( - LGBTQ Elders Risk Aging in Isolation. A Nonprofit Is Trying to Change That ([Rochester Democrat & Chronicle]( - A 17-Year-Old’s ‘Revolutionary’ Approach to Educating New American Students in N.H. ([Boston Globe]( Arts and Culture - Denver Museum of Nature and Science Will Permanently Close ‘Harmful’ American Indian Exhibit This Summer ([Colorado Public Radio]( - Calif. Performing Arts Fell a Decade Behind in Job Growth, Study Finds ([Los Angeles Times]( - UCLA Makes a Historic Pick to Lead Its Center for the Art of Performance ([Los Angeles Times]( - Saved From Ruin by the Nonprofit Green-Wood Cemetery More Than a Decade Ago, an 1880s Greenhouse In Brooklyn Is to Become a Focal Point of a New Education Center ([New York Times]( 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. SPONSOR CONTENT | Amazon Business [Every Dollar Counts: Maximizing Your Budget]( The end of the fiscal year can be stressful for non-profits, but it can also bring opportunities to stregthen next year’s goals. Editor's Picks DIVERSITY, EQUITY, AND INCLUSION [Ballmer Group Awards $42.5 Million to Help More Than 100 Black-Led Groups Expand]( By Sara Herschander [STORY IMAGE]( The grants will support organizations that are less than two years old and focused on improving economic mobility. OPINION [People-Powered Movements Helped Our Grandfathers Push Through the New Deal. They Can Save Those Programs Now.]( By James Roosevelt Jr. and Henry Scott Wallace [STORY IMAGE]( House Republican budget proposals over the debt ceiling threaten many programs put in place by FDR and his vice president, Henry A. Wallace. The answer, say their grandsons, is to support social movements that hold those in power accountable. DIVERSITY IN FUNDRAISING [New Tool Aims to Help Fundraising Teams Improve Diversity]( By Rasheeda Childress [STORY IMAGE]( The Council for Advancement and Support of Education created the assessment to help university development departments take stock of their diversity and inclusion efforts, but any nonprofit with a fundraising team can use it. FUNDRAISING DATA [Data Shows GoFundMe Campaigns Work Well and Offers Insights for Online Fundraising]( By Rasheeda Childress [STORY IMAGE]( GoFundMe campaigns shared more than six times in the first few days are three times as likely to raise more donations than those shared less often. NONPROFIT MANAGEMENT [How the Ford Foundation Helped Grantees With an Unusual Problem: a Surge of Cash]( By Sono Motoyama [STORY IMAGE]( Staff burnout, lack of clarity about an organization’s values, and the pace of hiring are among the challenges that prompted nonprofit leaders inundated with surprise gifts to turn to consultants — and one another. ADVERTISEMENT RECOMMENDED WEBINAR [Join Our Next Webinar]( — Donors are showing increased interest in planned giving since the pandemic began: In a recent survey, 60 percent of fundraisers said they were seeing a spike in interest in bequests. Plus, many donors are pledging larger gifts. Yet charities often miss out on planned gifts because they don't ask supporters to consider leaving one. How can you increase planned giving to your nonprofit without spending a lot? Join us on Thursday, June 8, at 2 p.m. Eastern to learn from two experts simple yet effective ways to inspire loyal donors to make planned gifts. They'll share smart ways to identify and cultivate donors, to make it easy to give, and to promote planned giving to donors of all ages. They'll also provide tips for stewarding donors and advice for taking planned giving to the next level at your organization. [Register today.]( JOB OPPORTUNITIES [Assistant Director, Development]( Big Shoulders Fund [Executive Director of a Rare Disease Nonprofit Organization (Remote)]( United Leukodystrophy Foundation [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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