A New Model for Companies and Nonprofits: Social Profit Orientation

Plus, a nonprofit leader and daughter of the South returns home; and new leadership at the Waverley Foundation ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. DATA AND RESEARCH [‘Social Profit Orientation’ Can Help Companies and Nonprofits Alike Do More Good in the World]( By Leonard L. Berry, Lerzan Aksoy, and Tracey Danaher [STORY IMAGE]( Researchers argue that companies and nonprofits can prosper when they make sustainable, social, and environmental impact central to their missions. ADVERTISEMENT [‘Social Profit Orientation’ Can Help Companies and Nonprofits Alike Do More Good in the World]( IN CASE YOU MISSED IT [‘While I Breathe, I Hope': A Black Nonprofit Leader and Daughter of the South Returns Home]( By Tycely Williams [STORY IMAGE]( A veteran fundraiser takes up a new job as CEO and pursues the American ideals that she, her family, and generations of Black philanthropists hold dear. TRANSITIONS [Waverley Street Foundation Taps First Head of U.S. Programs]( By M.J. Prest [STORY IMAGE]( Also, the Associated Press Foundation for Journalism has named its inaugural executive director, and Georgetown U.’s Center for Public and Nonprofit Leadership will install a new director in January. LETTERS TO THE EDITOR [More Funding Is Needed to Support Men — and My Work Proves It]( A recent Q&A expertly highlighted why philanthropy can’t ignore men who are struggling to survive. WEBINARS [September 19 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Join us for How to Measure and Convey Impact, a session designed for communications and fundraising professionals. You’ll learn from Cindy Eby, founder and CEO of ResultsLab; Deidre Kennelly, principal of Kennelly Consulting; and Isis Krause, chief strategy officer at Philanthropy Together, how to collaborate with program staff to demonstrate the difference your organization makes. Online Forums [September 10 at 2 p.m. ET | Register Now]( [STORY IMAGE]( It’s rare to find an organization that coordinates all of its digital outreach to create a consistent and user-friendly experience for supporters. Join us for Creating a Positive Donor Experience in a Digital World to learn from Allison Fine, president of Every.org, Mardi Moore, executive director of Rocky Mountain Equality, and Stacy Bridavsky, executive director of Lil BUB’s Big FUND, how to keep donors informed and engaged on many channels. [September 24 at 2 p.m. ET | Register Now]( [STORY IMAGE]( A June appeals court ruling put philanthropists on notice: Any grants limited to people of a specific race may be illegal. Join The Future of Race-Based Grant Making to hear from Marc Philpart, executive director of the California Black Freedom Fund; Dr. Carmen Rojas, CEO of Marguerite Casey Foundation; Thomas Saenz, president of MALDEF; and Olivia Sedwick, counsel for the Lawyers’ Committee for Civil Rights Under Law, as they explore the American Alliance for Equal Rights v. Fearless Fund decision. SUBSCRIBE TO THE CHRONICLE [Chronicle of Philanthropy Subscription] Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online Several large companies will stop participating in a national gay-rights group’s ranking of LGBTQ-friendly businesses and workplaces. Some of those retreating from the Human Rights Campaign’s annual index had been targeted by a conservative activist who said such policies could result in conservative customers financing practices they find objectionable, including “transition care for transgender children of employees.” Although their employee benefits and hiring practices might not change, Ford, Lowe’s, Harley-Davidson, Tractor Supply, Molson Coors, and distiller Brown-Forman, maker of Jack Daniels, said they will no longer provide HRC with survey information. The companies did not elaborate on why they singled out HRC, but an HRC executive said the decision would hurt the companies’ long-term business. ([Wall Street Journal]( subscription) Background from the Chronicle: [LGBTQ Funding Doubled in a Decade, Yet Falls Short Amid Rising Attacks]( The 19th, a nonprofit newsroom focused on women’s and gender issues, is hiring staff and creating an endowment as it charges into coverage of the country’s first woman of color to lead a major-party ticket for the presidency. Launched in 2020 with one reporter, the 19th has raised nearly $60 million and employs 55 people. Among its backers is Melinda French Gates, and its work has appeared in major outlets, including the Washington Post, Teen Vogue, the Atlanta-Journal Constitution, and PBS News. ([Washington Post]( Background from the Chronicle: [Melinda French Gates Announces Where $1 Billion in New Funds Will Go to Help Women and Girls]( More News - An American Church Thrived in Nicaragua. Then Its Pastors Went to Prison. ([New York Times]( - Boy Scouts Settlement Trust to Auction Norman Rockwell Paintings to Fund Sex-Abuse Survivor Compensation ([ARTnews]( - Obama Foundation Fundraising Dipped in 2023, After Record Haul in 2022 ([Chicago Sun-Times]( - Background from the Chronicle: [Obama Foundation Poised to Be a Powerful Force in Racial Justice Movement]( - Chiefs’ Travis Kelce Helps Ignite Kansas City Community With Car Rebuilding Shop for Students ([Los Angeles Times]( - Prince Harry and Matt Damon Set to Address This Year’s Clinton Global Initiative Annual Meeting ([Associated Press]( - Fixer for Donations to King’s Charities Banned From Trustee and Director Roles ([Guardian]( Museum News - A Court Approves Valparaiso University’s Controversial Plan to Sell Paintings From Brauer Museum Collection ([Artnet]( - Plus: Brauer Museum’s Founder and Namesake Will Remove Name If Valparaiso University Sells Artwork ([Chicago Tribune]( - Bellevue, Wash., Arts Museum Closes, Citing ‘Significant Financial Challenges’ ([Seattle Times]( Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup. New Grant Opportunities Your Chronicle subscription includes free access to [GrantStation’s]( database of grant opportunities. [Cultural Heritage]( Digitizing Hidden Special Collections and Archives: Amplifying Unheard Voices, a program of the Council on Library and Information Resources, supports the digitization of rare and unique materials held by collecting organizations in the U.S. and Canada. For the 2024-2025 cycle, up to $4,000,000 in grants will be provided for projects digitizing materials in a variety of formats that enrich the public’s understanding of the histories of underrepresented communities. Grants range from $50,000 to $300,000; initial applications due October 30. [Poverty:]( The Catholic Campaign for Human Development is committed to supporting nonprofit organizations in the United States that are led by low-income individuals as they work to break the cycle of poverty and improve their communities. The Community Development Grant Program supports organizations led by people living in poverty that work to address the root causes of poverty by nurturing solidarity between the poor and non-poor and facilitating the participation of people living in poverty in decisions that perpetuate poverty in their lives. Grants range from $25,000 to $75,000; initial applications due November 1. EDITOR'S PICKS OPINION [Steph and Ayesha Curry’s Plea to Philanthropy: Don’t Let Pandemic-Era Tutoring Programs End]( By Stephen Curry and Ayesha Curry [STORY IMAGE]( Individualized support helped our own children. We’re committing $25 million to Oakland schools so all students have the same opportunity. INNOVATION [Can 50 Nonprofits Really Build Something Together? A Hopeful Idea Begins to Spread]( By Drew Lindsay [STORY IMAGE]( Inside an effort dubbed “mutual aid on steroids” that’s getting a tryout in cities like Atlanta, Chicago, and Lexington, Ky. INTERVIEW [Philanthropist Laura Arnold on What It Takes to Reduce Polarization and Partisanship]( By Chronicle Staff [STORY IMAGE]( In the launch of a new interview series for The Commons, the Giving Pledge member and influential donor talks about the keys to bringing people together on tough issues. ADVERTISEMENT LinkedIn Live [Join our live event]( —Future Caucus CEO Layla Zaidane is betting that Gen Z and millennials can bring an end to partisan warfare. In a conversation with Chronicle deputy opinion editor Nandita Raghuram, Zaidane talks about her organization (formerly the Millennial Action Project) and its work with young leaders in Congress and at the state level to bridge political divides. The Commons in Conversation is a series of exclusive, one-on-one conversations with national and local leaders working to strengthen a fractured America. Chronicle editors and writers will host individuals from across the country in casual lunchtime discussions about what it will take to bring Americans together. Guests will talk about ideas and promising solutions and how the philanthropic world — from major philanthropists to everyday nonprofit leaders — can contribute. Join us for this exclusive live event on Wednesday, September 18 at 12:30 PM ET to learn from our expert guests. [Register now.]( JOB OPPORTUNITIES Find your next nonprofit role in The Chronicle Career Center: - [Associate Vice President of Philanthropy/Director of Development]( — Manhattan School of Music [Search all job openings →]( Hiring? [Post a Job.]( [Chronicle of Philanthropy Logo]( This newsletter was sent to {EMAIL}. [Read this newsletter on the web](. 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