Foundations Overlook Groups Serving Asian Americans and Native Americans, Say Nonprofit Leaders

Plus, Denise Scott will be the first woman president of LISC (Transitions), and volunteers are returning to food banks, but the numbers still lag. ADVERTISEMENT [Academe Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. FUNDING EQUITY [Nonprofits That Serve Asian Americans and Native Americans Say Foundations Overlook Them]( By Dan Parks Two new reports by the Center for Effective Philanthropy suggest foundation support for nonprofits helping people of color generally increased amid the pandemic, but that response was stronger for nonprofits that aid Black and Latino people. ADVERTISEMENT TRANSITIONS [Local Initiatives Support Corporation Names First Woman President]( By M.J. Prest [STORY IMAGE]( Also, the John R. Oishei Foundation has appointed its first woman president, and Anne Wallestad will step down as president and CEO of BoardSource in June. PANDEMIC NEWS [Food Banks See More Volunteers, but Uncertainty Looms]( By Haleluya Hadero [STORY IMAGE]( The numbers still fall short compared with the number of people who gave their time before the pandemic. Webinars [Create a Fundraising Plan for Growth and Recovery]( [STORY IMAGE]( Research shows that most American households are on stronger financial footing than at any other point since the pandemic hit, but the Omicron variant of Covid-19 demonstrates that uncertainty still lies ahead. So how can you craft a smart fundraising strategy for 2022 with so much still in flux? Join us on Thursday, January 20 at 2 p.m. Eastern to get advice from our expert guests as they explain what to include in your 2022 fundraising plan, how to make it adaptable, and how to set priorities. [Register now.]( SPONSOR CONTENT | INDEPENDENT SECTOR [Why Embedding an Artist in Your Nonprofit Is a Sound Investment](. Nonprofit News From Elsewhere The Metropolitan Museum of Art will remove the Sackler name from some of its wings, creating distance between it and the family whose former drug company has been sued and prosecuted for fueling the opioid crisis. Although other institutions have already taken down the Sackler name, the Metropolitan’s move is noteworthy because it is the largest museum in the world and “institutions have been kind of watching the Met,” according to Patrick Radden Keefe, who wrote a book about the Sacklers and the opioid crisis. It is also novel because it results from an agreement between the Sacklers and the institution, not a court order. Dan Weiss, the museum’s chief executive, called the Sacklers’ cooperation “a gracious gesture.” The family’s name will remain over two exhibition spaces that are “associated with” the family of an early Sackler who died before the family’s Purdue Pharma produced the powerfully addictive OxyContin opioid. Arthur Sackler’s heirs sold their shares in the company after he died in 1987. ([New York Times]( Plus: Background from the Chronicle: See this [opinion article on naming rights]( including issues involving the Sacklers. The spectacle of extremely wealthy people using their philanthropy to polish their reputations goes back at least to the late 19th century, but Elon Musk’s in-your-face approach is something newer. The Tesla founder’s use of Twitter to poke at the UN’s World Food Program, conduct a survey on whether to sell shares in his company to pay taxes, and insult politicians who support higher taxes on the rich fits with our current rancorous era but hardly endears him to a wider public. And his insistence that his expensive fascination with space travel will ultimately benefit humankind also gets significant blowback. But Musk’s challenge to large bureaucracies might also keep them on their toes. After his tweet, the World Food Program published a breakdown of how it would spend a hypothetical $6.6 billion from Musk. “I think his response was extremely sensible. It was basically, ‘Show me what you can do. Demonstrate it. Provide me with some evidence. I’ll do it,’” said Homi Kharas, an expert on sustainable development at the Brookings Institution. ([New York Times]( More News - Dole Foundation Cuts Ties With Organizer Helping With Funeral for Alleged Role in January 6 ([CNN]( - Bloomberg’s Charter Push: Big Money and Bigger Political Peril ([Chalkbeat]( - Pandemic Has Devastated Maryland’s Minority-Led Nonprofits: ‘The Stress and Strain Is Unbearable, and It Is Untenable’ ([Capital News Service]( - New York City Gives $51.4 Million in Grants to Nonprofit Arts and Cultural Organizations ([New York Times]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Editor's Picks GRANT MAKING [As Foundation Assets Grow Fast, Some Grant Makers Are Giving Much More]( By Alex Daniels [STORY IMAGE]( Investments made by foundations with assets greater than $500 million saw a return of 13.1 percent this year through November, prompting debates in many boardrooms about the wisdom of sending more money out the door now. MISSION AND ADVOCACY [You Say the Arts Don’t Matter? A 10-Year, $150 Million Venture Set Out to Prove You Wrong]( By Drew Lindsay [STORY IMAGE]( ArtPlace America, funded by some of the country’s largest grant makers, argued that arts and culture are community builders and not just some esoteric good. MAJOR GIFTS [Women-Led Fundraising Effort Reaps Big Rewards for Dartmouth]( By Maria Di Mento [STORY IMAGE]( A campaign that raised $386 million in direct gifts and pledges and $61.5 million in planned bequests illustrates the financial and leadership might of today’s women donors. CRYPTO PHILANTHROPY [Crypto-Based Digital Art Frenzy Draws in Charities]( By Michael Theis [STORY IMAGE]( As collectors try to cash in on nonfungible tokens, or NFTs, nonprofits and donors are auctioning them off, some with huge success, others much less so. OPINION [To Do Their Jobs Effectively, Nonprofit Grassroots Leaders Need Health and Wellness Support]( By Gloria Walton [STORY IMAGE]( Philanthropy can improve its impact if it invests in the physical and mental wellbeing of community organizers, especially at a time when they are contending with multiple ongoing crises, including Covid-19 and the fight for racial justice. SPONSOR CONTENT | Microsoft [In the Cloud, Small Nonprofits Find the Sky's the Limit]( Learn how nonprofits are utilizing cloud technology to enhance productivity and collaboration, enabling seamless connections. ADVERTISEMENT RECOMMENDED WEBINAR [Join Our Webinar]( — Research shows that most American households are on stronger financial footing than at any other point since the pandemic hit. That’s encouraging news for nonprofits that are looking to rebuild — or even expand — in the year ahead. However, the latest wild card, the Omicron variant of Covid-19, demonstrates that we’re still facing a lot of uncertainty. So, how can you craft a smart fundraising strategy for 2022 with so much still in flux? Join us on Thursday, January 20, at 2 p.m. Eastern for a 75-minute webinar to get insights and advice from our expert guests as they outline key things to include in a fundraising plan for 2022, explain how to set priorities, and share ways to build in flexibility, so you can adapt as needed. [Register today for the early-bird rate.]( JOB OPPORTUNITIES Apply for the top jobs in philanthropy and [search all our open positions](. 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