The height of the coronavirus pandemic era saw a jump in charitable giving, followed by a slip in donations. In 2023, a five-year trend of ups and downs stabilized, according to research from the Blackbaud Institute. Blackbaud Institute is the research and education arm of Blackbaud, the business software and solutions provider for nonprofits. The Institute’s analysis examined receipts from m ..read more

American foundations have more than $1.5 trillion in assets, a total about equal to Mexico’s gross domestic product (GDP) and nearly 6% of GDP in the United States. Their impact is reflected in support for libraries, education, athletics, hospitals, and medical and scientific advances enabling longer, healthier, and more fulfilling lives. But the sector has a messaging problem. “From small ..read more

Warren Buffett’s couple of decades of annual lunches and $53 million raised is probably a record that will stand the test of time, but Salesforce Chair and CEO Marc Benioff is going to try to beat it. Winning bidders of the Power of One Charity Auction Lunch will be invited to lunch with Benioff to support GLIDE, a nationally recognized center for social justice in San Francisco, dedicated to ..read more

All a nonprofit employee needs is passion, right? Well, it helps, but a balance sheet in the black never hurts either. Deirdre Maloney, the executive director of the Colorado AID Project from 2001 to 2008, tackles this fallacy in her new book, “The Mission Myth: Building Nonprofit Momentum Through Better Business.” Now the founder and president of Momentum in San Diego, Calif., Maloney o ..read more

The advent of generative artificial intelligence has been a gamechanger from what began in the 1950s as a tool for working with simple datasets. With new capabilities emerging every few weeks, developers are continuing to find new ways to apply and scale the technology to benefit nonprofits. How to get started, where to go, and what it will cost were among the topics addressed by three expert p ..read more

Hatch, a New York City-based company that offers an AI-based portal for fundraisers, has closed on $3 million in seed funding. The new round of funding was made possible by Differential Ventures, an AI-focused venture capital fund, along with contributions from Character, Howard Morgan, and other investors. The term AI usually refers to artificial intelligence, but the staff at Hatch have overl ..read more

The U.S. Department of Labor announced the availability of roughly $19 million in grants for current national recipients in the Senior Community Service Employment Program to apply for additional funding in a demonstration of sector-based training for older workers.  The department’s Employment and Training Administration will award up to six demonstration grants, ranging from $2 to $5 mil ..read more

Philanthropy expenditures in India have grown by an average annual rate of 13% during the past five years, reaching the equivalent of $280 billion. That amount constituted 8.3% of the country’s gross domestic product (GDP) during fiscal year 2023.  Despite the robust annual increases, however, the current total falls short of the 13% of GDP analysts at NITI Aayog, an Indian government public ..read more

The inaugural cycle of the ICANN Grant Program is now open for applications from eligible organizations. Applications can be submitted via the online application platform until 8 p.m., May 24. The Internet Corporation for Assigned Names and Numbers (ICANN) is a global multistakeholder group and nonprofit organization  responsible for coordinating the maintenance and procedures of sever ..read more

Blackbaud’s largest shareholder, Clearlake Capital Group, has made another offer to take the fundraising and tech firm private. The $4.3 billion cash offer comes one year after Clearlake’s unsolicited $4 billion offer was rejected by Blackbaud’s board. It also comes a few weeks after Blackbaud’s board voted to repeal a “poison pill” it adopted in October 2023 to prevent any entity f ..read more