Donor Revolts Are Changing Big-Gift Fundraising

Plus, major foundations make a push for reparations; and a $150 million gift to expand access to health care in Hawaii ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. FUNDRAISING [What Do Donor Revolts Mean for Fundraising?]( By Rasheeda Childress [STORY IMAGE]( Nonprofits may face a new set of demands over naming rights and other issues. ADVERTISEMENT RACIAL JUSTICE [The Push for Payback: Robert Wood Johnson and 80 Other Foundations Make a Case for Reparations]( By Alex Daniels [STORY IMAGE]( The Robert Wood Johnson Foundation and its grantees haven’t abandoned the push for cash-based reparations. But they aim to advance policy changes in education, public health, criminal justice, and business development. LEADERSHIP [George Soros’s Open Society Foundations Names New President After Years of Layoffs and Transition]( By Thalia Beaty, Associated Press [STORY IMAGE]( Binaifer Nowrojee, a lawyer, has been vice president of programs and part of a small senior leadership team overseeing a large transition that kicked off last summer. WEBINARS [March 21 at 2 p.m. ET | Register Now]( [STORY IMAGE]( How can your nonprofit host events that inspire donors without breaking the bank? Join us to learn from two experts how to stay within your event budget without sacrificing your donors’ experience. Plus, you’ll get creative ideas for highlighting your mission and connecting with donors at your next event. Join us for How to Host Engaging Events and Stay Within Budget. SPONSOR CONTENT | Classy [The Return of a Community-Centered Fundraising Model in a Digital-First World]( ONLINE FORUMS [Tomorrow, March 12 at 1 p.m. ET | Register Now]( [STORY IMAGE]( Join us for the forum Boomer and Gen X Mega-Donors Are Driving Trends in Giving. You’ll hear directly from Jon and Mindy Gray, two donors on the Philanthropy 50 this year; learn from an expert on big giving; and gain insights from this year’s list, released March 5. Don’t miss this chance to better understand the generational giving preferences and motivations of these donors, so you can shape your outreach to wealthy individuals and plan for what’s ahead. SUBSCRIBE TO THE CHRONICLE [Chronicle of Philanthropy Subscription] Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online Elon Musk has received billions of dollars in tax breaks for charitable gifts to his foundation, but his philanthropy has been “haphazard and largely self-serving” falling hundreds of millions of dollars short of federal requirements in 2021 and 2022, and largely directed to nonprofits that benefit his businesses, according to a New York Times investigation. Musk, who did not respond to requests for comment, has long maintained that his for-profit companies, including X and SpaceX, will benefit the world more than giving to charity. ([New York Times]( Plus: Elon Musk Quietly Takes Down Post Calling Mackenzie Scott a Threat to Civilization for Giving Billions Away to Social Justice Causes ([Yahoo]( The growth of donor-advised funds has prompted wealthy givers to debate whether to empty their accounts by making large grants or distribute charitable gifts over the long term. The funds now attract nearly one-third of all charitable donations, according to a Boston University study, provide an immediate tax break to donors, but have been accused of warehousing cash and allowing fund managers to collect fees on cash that could be directed to charity. ([Boston Globe]( More News - That Spare Change You Donate at Checkout Is Adding Up to Millions for Charities ([NPR]( - Federal Judge Seeks Audit of L.A. Homelessness Programs ([Los Angeles Times]( Plus - L.A.’s Infamous Cecil Hotel Up for Sale After Transformation to House Homeless People ([Los Angeles Times]( - Criminal Charges Filed Against Employees of Nonprofit That Misused Federal COVID Funds ([The Nevada Independent]( Opinion ‘The Great Wealth Transfer’ and Women’s Giving ([Capital Gazette]( Legacy Kathy Goldman, Who Fought Hunger in New York City, Dies at 92 ([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. EDITOR'S PICKS BIG DONORS [Philanthropy 50]( By Maria Di Mento [STORY IMAGE]( Search or browse this year’s list of America’s biggest donors and all the past lists going back to 2000. You can sort by name, amount donated, source of wealth, location, and top cause. COMMUNICATIONS [Why an 85-Year-Old Charity Needed a New Name]( By Ben Gose [STORY IMAGE]( Lutheran Immigration and Refugee Service rebranded as Global Refuge to put the spotlight on its mission — and boost fundraising. PHILANTHROPISTS [MacKenzie Scott: Look for a More Active Year After a Quiet 2023]( By Ben Gose [STORY IMAGE]( More clues about where the billionaire’s giving is headed may emerge as early as this month when the winners of her first call for proposals are announced. ADVERTISEMENT RECOMMENDED WEBINAR [Join our webinar]( — Fundraising events can come with a sizable price tag. With rising costs, it’s harder than ever for fundraisers to balance the desire to create an exceptional donor experience with the need to ensure an event brings in more dollars than it costs. How can nonprofits host memorable events that don’t break the bank? Join us on Thursday, March 21, at 2 p.m. Eastern to learn about proven ways to highlight your mission, connect with donors, and hit your revenue goals by keeping costs under control. [Register now.]( JOB OPPORTUNITIES [Apply today](http://). 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