Secteur Social Sector

"For the past 38 years, Feeney, an Irish American who made billions from a duty-free shopping empire, has been making endowments to charities and universities across the world with the goal of striving for zero to give it all away." https://www.theguardian.com//billionaire-chuck-feeney-achi

Thank you for this great piece The Chronicle of Philanthropy "As the leaders of three foundations doing just that, we feel compelled in this moment to encourage grant makers to redistribute private philanthropic wealth back into communities instead of holding on to funds so their institutions can exist indefinitely. If we are to live our values, we must ask ourselves and our peers, What are we saving our endowments for? https://www.philanthropy.com//There-Is-No-Better-Ti/249230

If foundations truly want to support BIPOC leaders and initiatives, Nonprofit AF has a few tips for you

Great blog by Hilary Pearson, former President and CEO of Philanthropic Foundations Canada! Read her thoughts on DAFs, foundations' roles and giving in times of crisis and much more. https://hpearson.ca/thoughts-on-philanthropy-and-giving-it/

"Strata corporations are expected to set aside a percentage of their annual budget in a contingency or rainy day fund. Non-profits are penalized if they set aside self-restricted funding for a rainy day. This is one reason why so many charities and non-profits are struggling during this pandemic. This needs to change." https://www.hilborn-charityenews.ca//op-ed-the-public-need