Jewish American Heritage Month

Posted By admin on February 16, 2021

Today: How to Win Grants to Advance Racial Equity

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A partnership of investors, a nonprofit, a developer, and a church in Los Angeles are building housing for homeless people at a fraction of the time and cost that government-subsidized projects usually take. A $100 million-plus private-equity fund, with Kaiser Permanente as the largest contributor, is providing the financing, which allows the developer to skip the two- or three-year process of getting tax credits and securing "layers of financing from multiple government and private sources." The venture's first project will house and provide support for 20 homeless people, with a caseworker living on the premises. (Los Angeles Times)

The Chronicle of Philanthropy's list of 2020's biggest donors is a reminder that much of philanthropy is opaque, which makes it more difficult to have informed policy debates about inequality. A scrupulous accounting of donations that avoids double-counting must sift through gifts to nonprofits and money sent to charitable vehicles. But sometimes they are duplicative, and with the secrecy surrounding some transfers to foundations or other funds such as Jeff Bezos's $10 billion pledge to his Earth Fund it is impossible to know how much money is really being shifted from the billionaires to charity. (Vox)

In last summer's tumult over racial injustice, many museums vowed to diversify their staffs, boards, and collections, but several months later, it's difficult to judge how those programs are going in many institutions. For example, many museums will not say how much funding they've put behind diversity and inclusion efforts. Some say specific spending is hard to measure because it's across all departments, and others say money is not a good yardstick. Larger museums with major backers and fat endowments have been able to pour more funds into the programs. The most common approaches have been staff training, goals for diversifying boards, headhunting for diversity officers, and buying more works from artists from underrepresented groups. But money will matter: Staff at the J. Paul Getty Museum have complained that bosses are adding these efforts to their workload without offering more resources to get them done. (Artnet News)

More here:
Fired Former Leader of Disaster Nonprofit Says He Was Let Go Over Diversity Efforts - The Chronicle of Philanthropy

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