Grants
Months after he was supposed to give away more than $100,000 for college scholarships, Milo Yiannopoulos said all of the money is still sitting in his bank account. The Breitbart editor and professional political agitator (recently banned from Twitter for harassment) came under fire this week as allegations surfaced that his charity, which would provide…
A mega-grant from a mega-foundation always seems like the answer to your prayers, right? Not quite. The truth is, foundation giving plays a smaller role than you probably think. In fact, in terms of the entire philanthropic pie, foundation funding accounts for a mere 16 percent...
Each year, more than 87,000 U.S. foundations make grants to help improve their communities, their nation and their world. With more than $800 billion of foundation assets, these annual grants total more than $56 billion—doing a lot of good. Each year, however, nearly $750 billion remains in endowments—where it usually is invested for the single bottom…
MacArthur Foundation, best known for its "Genius" grants, on Thursday announced a competition that will award $100 million to a single proposal that helps solve a "critical problem affecting people, places or the planet." Called 100&Change, the competition will be held once every three years and is open to nonprofit and for-profit organizations in the U.S. and internationally...
A group of service providers who contract with Illinois state government sued Gov. Bruce Rauner and members of his administration last week for stiffing them on bills for services that they've provided since the state budget impasse began in July. In a lawsuit filed in Cook County Circuit Court, the Pay Now Illinois coalition of…
Financial problems are forcing the closure of NC New Schools/Breakthrough Learning, a champion of specialty and early-college high schools, the nonprofit announced Thursday. The organization had expanded rapidly, said Jeffrey Corbett, president of its board of directors, and the expansion outpaced its funding. "We ran into cash-flow problems that were directly related to growth and…
Picture this familiar scenario: It’s been six weeks since you spent time and effort researching regional foundations and sending out eight new proposals in support of a planned educational initiative on behalf of your three-year-old community arts organization...
Some nonprofits had to endure weeks or months—10 months and counting for Illinois—without a budget this fiscal year. With budget impasses becoming more common, what can you do to prepare if or when one affects your state and your nonprofit?
States have faced record-breaking budget impasses this year, with nonprofits having to do their best to continue their missions without much-needed funding. Tensions increasingly are occurring in some states with political battles between governors and opposite party-controlled general assemblies, resulting in reduced or withheld funding that limits social service agencies’ abilities and could have dire effects on the communities they serve...
Grant writing is a time-consuming process. It can also be nerve-wracking if you’re inexperienced or working on a particularly important grant. Jeff Kutash, the executive director of the Peter Kiewit Foundation in Omaha, Neb., deals with grants on a daily basis. What does the head of a foundation that gave $18 million in grant money…