6 Ways for Nonprofit Leaders to Navigate Economic Uncertainty

Plus, volunteerism in America has been declining for years, though with some bursts of growth — here’s how it’s changing and why 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 [6 Ways to Take Action Amid Economic Uncertainty]( By Michelle Legaspi Sánchez [STORY IMAGE]( Leaders should analyze finances, collaborate when possible, and communicate clearly and frequently with stakeholders, among other steps to steady a nonprofit’s course through choppy economic waters. ADVERTISEMENT VOLUNTEERING [Helping Out: How American Volunteerism Is Changing — and Why]( By Glenn Gamboa, AP Business Writer [STORY IMAGE]( Though American volunteerism has generally declined since the 1950s, there have been bursts of growth to cope with the AIDS crisis and in the aftermath of the 9/11 terrorist attacks. 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 | Amazon Business [Every Dollar Counts: Maximizing Your Budget]( Nonprofit News From Elsewhere Online Planned Parenthood will cut its national staff and shift more resources to its local clinics. The nonprofit will send an additional $70 million to its 49 clinics across the country, which an executive said would help them expand their services. Since the Supreme Court struck down Roe v. Wade, dozens of abortion providers have shuttered, putting more pressure on those remaining. In turn, Planned Parenthood will cut its national staff by 10 percent to 20 percent, which a staff union “said would be about 80 to 140 people.” Simultaneously, the organization will launch a Black Health Equity Initiative aimed at reducing health care disparities. Anxious staffers were told about the reorganization in March, and learned in April that layoffs were coming. Pink slips will go out in mid-June. ([Daily Beast]( A new nonprofit is punching above its weight in the fight to prohibit gender surgery for transgender minors. Do No Harm was launched in January 2022 by Stanley Goldfarb, a professor emeritus and former associate dean at the University of Pennsylvania’s medical school who is an outspoken critic of diversity and inclusion efforts in medical education and practice. Passages from its model legislation have made it into bills in Montana, Arkansas, and Iowa. It has hired lobbyists and works with a “patient advocate” who has repeatedly testified about having her gender-transition surgery reversed. After more than a year of active lobbying as a 501(c)(3) group, the group established the separate Do No Harm Action as a political nonprofit this year. Do No Harm projected revenues of $910,000 in 2022, more than $1.1 million in 2023, and more than $1.5 million in 2024, according to public records. Representatives of the group declined to comment. An assistant professor of pediatrics at the Yale School of Medicine said the organization’s model legislation contains “a lot of recycled false claims about gender dysphoria, standards of care, safety, evidence, and medical authority which seems like it’s right out of the disinformation playbook.” ([Associated Press]( More News - ‘Stop Asian Hate’ Drove a Funding Surge for AAPI Startups and Nonprofits. What Comes Next? ([NBC News]( - Partnership Commits More Than $35 Million to Nonprofits Supporting AAPI New Yorkers ([NYN Media]( - Billionaire Tim Springer Donates $210 Million to Protein Research Nonprofit ([Boston Globe]( - Chatbot to Replace Human Staffers at National Eating Disorders Association Helpline ([People]( - Audiences Are Coming Back to Orchestras After ‘Scary’ Sales Last Fall ([New York Times]( - There Are More Nonprofit Digital Newsrooms, but the Pace of Growth Has Slowed ([Nieman Lab]( - With Climate Panel as a Beacon, Global Group Takes On Misinformation ([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. SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Editor's Picks AFFORDABLE HOUSING [Foundations Buoy a New Movement of Renters’ Activism]( By Sara Herschander [STORY IMAGE]( Instead of focusing mainly on ways to help low- and middle-class people buy affordable housing, grant makers are paying for community organizing and advocacy designed to protect renters. Plus: See the rest of our [special report]( on affordable housing. GIVING [LGBTQ+ Nonprofits Get Less Than 1 Percent of All Charitable Giving, Report Finds]( By Emily Haynes [STORY IMAGE]( They bring in less revenue and have fewer assets and expenses, but giving to those groups is growing. OPINION [Philanthropy’s Divisions Reflect America’s Politics — Not Its People]( By Chris Stackaruk [STORY IMAGE]( Nonprofits and foundations have spent weeks debating and deconstructing an essay on pluralism that most Americans wouldn’t bat an eye at. That kind of response raises questions about how the social sector can ever succeed at healing the nation’s divides. PROSPECT RESEARCH [10 Steps to Find and Prioritize Prospective Donors in a Volatile Economy]( By Lisa Schohl [STORY IMAGE]( Four seasoned prospect-research professionals share ways to zero in on your best opportunities in 2023 — and strengthen your nonprofit over the long term. 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. SPONSOR CONTENT | Independent Sector [Leading by Example: Profound Impacts by Lifting Up a Community]( A generation of youth passionate about their communities starts with fostering meaningful relationships. 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 [Director of Major Giving]( National Foundation for Cancer Research [Development Coordinator]( University of Vermont Foundation [Assistant Director of Alumni Relations]( University of Vermont Foundation [Foundation Coordinator]( Pension Real Estate Association 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