It’s a key selling point of Boston’s Olympic bid: The Games would largely be paid for by private funding, not taxpayer money. But that financing plan is sending ripples of anxiety through the city’s nonprofit sector, which worries the event would soak up philanthropic dollars that might otherwise go to charity. And, in a potential double-whammy, a Boston Olympics could strain local nonprofits by putting more demands on social services, as happened in Atlanta when the Summer Games were held there in 1996.
Mayor Bill de Blasio spurred foundation leaders Wednesday to invest in projects and technology tools that protect and expand the accessibility of the Internet. "We know that you can fill in some of these gaps more effectively than any government, and you can spark change more agilely than most governments ever could, and we need you to do that," Mr. de Blasio said. Life opportunities increasingly correlate to education levels and, in turn, to access to high-speed Internet, the mayor said. More than a quarter of American households do not have such access.
What’s the Big Idea?
Particularly during times of transition or planning, it is useful to become acquainted with other local large-scale funder initiatives, whether or not we choose to adopt this style of giving as our own. No two funders are alike, but knowing what others are doing provides an invaluable lay of the land and helps us realize our own purpose and meaning.
A new report released today by the Schott Foundation for Public Education finds that the latest estimates for national public high school graduation rates are 59 percent for Black males, 65 percent for Latino males, and 80 percent for White, non-Latino males. Since the Schott Foundation’s 2012 report, the gap between Black and White males has increased from 19 percentage points (school year 2009-2010) to an estimated 21 percentage points (2012-2013).
In the face of the last month’s record-setting low temperatures and high snowfall, community organizations all over the country are struggling to keep up with the pace of calls for emergency energy assistance. “We still have numerous applications that haven’t been processed yet, because they all come in at the same time,” says Mary Knittle, director of energy resources at the Worcester Community Action Council.
Money is a blunt but essential tool for social change, and it has potent, variable effects on our social and political ecosystems. Philanthropy’s commitment to serving the public good makes it imperative that foundations understand as deeply and specifically as possible whom their investments are serving and how. Unfortunately, it can be difficult to discern the complex impact of the roughly $50 billion spent by our country’s grantmakers each year because data collection and dissemination efforts are struggling to meet the demands of the field.
The term Corporate Social Responsibility (CSR) is becoming more and more common in the business community, but often there remains a question as to what it means. There are a lot of definitions. Some of them speak to the awareness of what we buy and how it is produced in the wake of increased globalization. Often it refers to the responsibility of companies to help make our communities better places to live, work and raise families.
Total charitable giving in the United States is expected to increase 4.8 percent on a year-over-year basis in 2015 and 4.9 percent in 2016, a report from the Indiana University Lilly Family School of Philanthropy and consulting firm Marts & Lundy finds.Based on an analysis of ten key predictors of giving, The Philanthropy Outlook: 2015 & 2016 (23 pages, PD
The Massachusetts Nonprofit Network, the state’s nonprofit trade association, today announced that Rick Jakious will resign as chief executive officer next month, three years after he joined the eight-year-old organization. Jakious will return to the government sector to serve as district director for U.S. Rep. Seth Moulton, who was elected to Congress last fall. Moulton represents the 6th Congressional District, where Jakious lives.