Philanthropy News Blog

A roundup of philanthropic news.

This Week in Philanthropy: May 9 – May 15

Philanthropy on the Rise in China

China’s super rich are increasingly becoming engaged in philanthropic causes, as their wealth expands in accordance with the country’s astronomical economic growth.

In the past 12 months through March, 76 Chinese individuals donated more than US$5 million to education, healthcare, poverty alleviation, and other social goods, according to Shanghai-based Hurun Research, known for its annual ranking of the wealthiest individuals in China.

Full article text is available via Barron’s, 05/09/2018

Here’s Why Politically Motivated Philanthropy Is Dangerous

Philanthropic donations intended to promote a particular political agenda challenge the bedrock principle that higher education should serve the public interest.

Full article text is available via The Chronicle of Higher Education, 05/10/2018

New Era for Women as Donors

Last month, Dartmouth College announced a fund-raising campaign targeted at women donors. It has a goal of raising $1 million apiece from 100 alumnae. The launch of the gender-specific campaign, which is part of the college’s overall $3 billion fund-raising campaign, reflects the growing “influence of women’s philanthropy,” according to the college. It’s also an example of the increased recognition of a new and still largely untapped pool of money for institutions seeking to expand their donor base.

Full article text is available via Inside Higher Ed, 05/11/2018

On Philanthropy: U.N.’s Development Goals are a Roadmap for Powerful Donor Impact

In 2015, the United Nations adopted the 2030 Agenda for Sustainable Development and established a set of 17 sustainable development goals. They offer a detailed roadmap for the world’s governments, businesses and philanthropists to make essential and significant progress on the continuing challenges that threaten billions of people — and the planet itself.

Full article text is available via The Denver Post, 05/11/2018

Response to Fundraising Texts Surpass Email Appeals

Text messaging your supporters and donors can be more personal than an email and more private than a social media post and more casual than a phone call. But it’s not free and list building can take time because SMS marketing is relatively new, according to Ellen Pascale, manager, mobile marketing, at Humane Society of the United States (HSUS).

Full article text is available via The NonProfit Times, 05/14/2018

University of Maryland Launches its Largest Fundraising Campaign to Date

The University of Maryland has launched a $1.5 billion fundraising campaign aimed at paying for capital projects, investing in faculty, bolstering scholarships and expanding social innovation programs. The effort, dubbed “Fearless Ideas: The Campaign for Maryland,” was unveiled Friday, after more than half of the $1.5 billion goal had been raised.

Full article text is available via The Baltimore Sun, 05/14/2018

Donors Pool $40 Million to Light a Fire Under Pay-for-Success Programs

A group of donors has created a $40 million pay-for-success fund they hope will provide a nudge to a stalled form of social investing.

The Community Outcomes Fund was started by $20 million in cash from former Microsoft chief executive Steve Ballmer and his wife, Connie, and $10 million from Prudential Financial. The Kresge Foundation will provide up to $10 million to shield investors from losses.

Full article text is available via The Chronicle of Philanthropy, 05/14/2018

The Global Philanthropy Environment Index – Getting Australia into the Top Tier

As reported by Pro Bono News, the Indiana University Lilly Family School of Philanthropy recently released the 2018 Global Philanthropy Environment Index.

The index assesses the environment for philanthropy across the globe, comparing how countries stack up against each other and identifying some overarching trends.

Full article text is available via Pro Bono Australia, 05/15/2018

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