Wealthy Donors

There’s a potential silent killer of nonprofit revenue out there, going largely unnoticed. It’s income inequality, and we’d be wise to start paying attention.

Candid and the CDP released a new report that examines COVID-19-related philanthropic funding in 2021.

Back in the 1950s, when a reporter asked the notorious Willie Sutton why he robbed banks, he supposedly responded, “That’s where the money is.” Proponents of the business of philanthropy should heed this simple wisdom and cultivate relationships with the wealthiest prospects — those with the most capacity to give.

In the world today, there are more than 2,700 billionaires. That’s a lot of people with a lot of money. As a result, there's a lot of chatter about what billionaires should do with their money.

It’s a safe bet that all 798 nonprofits that received transformational grants from MacKenzie Scott and her husband Dan Jewett, totaling close to $9 billion, believe in miracles. They all were beneficiaries of the most awesome display of philanthropy in size, speed and flexibility that we’ve ever seen in history...

The Ford Foundation recently announced an initial $250 million investment into the Justice and Mobility Fund, which supports organizations striving to boost economic mobility and strengthen the life paths of those associated with the criminal justice system since, oftentimes, they are denied economic opportunities decades after an original offense.

The Equality Can't Wait Challenge — backed by Melinda French Gates and MacKenzie Scott, among others — announced $40 million investments will be divided amongst four bold ideas to advance gender equality...

Jeff Bezos will donate $200 million to the Smithsonian—its largest donation since James Smithson’s founding gift in 1846. Meanwhile, a Bezos company foundation awarded $1 million grants to 19 nonprofits. All gifts were announced July 14–just six days ahead of Bezos’ trip to space aboard the New Shepard, which is scheduled to take its first trip with a crew that will include Bezos and three others on board tomorrow morning...

ESPN named Arthur M. Blank, the owner of the NFL's Atlanta Falcons and MLS' Atlanta United, as 2021 Sports Philanthropist of the Year at the seventh annual Sports Humanitarian Awards in New York City Monday night. The award celebrates those in the sports world who have a positive impact in their communities and throughout the world.

Probably not as much as you might think. But… a little bit. This article covers how major donor prospects are fundamentally the same as other prospects. After all, first and foremost, they’re people. And people want to feel good...