The intersection of a global pandemic and reinvigorated demands for racial equity and social justice has created a gut-check moment for communities across the country, one that calls for a “new model” of place-based philanthropy. Now is the time to re-imagine a community and economy that work for all and re-invest to make them happen.
August 31, 2020 /3BL Media/ - According to a new report from Common Impact, the impact of the COVID-19 pandemic on nonprofit organizations is staggering and the skills and expertise of corporate employees are a critical part of restoring and sustaining the sector.
Fighting Harmful Paradigms in the Nonprofit Sector
Multimedia with summary
Antony Bugg-Levine, CEO of the Nonprofit Finance Fund (NFF), joins host and Common Impact CEO Danielle Holly to discuss the fundamental improvements that need to be made to how money is given and used in the social sector. NFF believes in the power of improved access to capital and credit to address the systemic financial challenges nonprofits face, which disproportionately affect communities of color.
Strategies from the CDP, Google, IRC and Microsoft to ensure your CSR program is ready to move fast when it matters.
The global health crisis has forced companies to evaluate how prepared they are to respond to disasters and crises. How can you use what you've learned to prepare for future events like hurricanes, floods or humanitarian crises, and ensure you're ready to help with quick relief, as well as long-term community recovery — whatever the future brings?
by Sallie Krawcheck, CEO of Ellevest and former Head of Merrill Lynch Wealth Management
One thing I hear loud and clear from our community of female investors at Ellevest is the desire to help each other during this crisis. Some of us will donate our time, others our money. I think there’s another thing to consider doing: continue to shift capital to investments that are better for women. Because as we come out of this crisis, the same global issues that existed before COVID-19 will exist afterward — and in some cases, in a more pronounced way.
To help food banks continue distributing needed meals to vulnerable communities, Edison International has donated $500,000 to five Southern California nonprofits.
by Caroline Aoyagi-Stom
When Tammy Tran and her three sisters were growing up in Santa Ana, she recalls the food boxes they regularly received from the Orange County Food Bank filled with cheeses, cereal boxes and canned food.
“My parents are immigrants from Vietnam and were struggling. Growing up, I thought everyone got those boxes,” said Tran, a senior manager at Southern California Edison.
What if foundations were to open up their endowments entirely and put a time stamp on their payout? To do that, many foundations will need to have tough conversations about whether or not they exist in perpetuity.