Year-End Fundraising Showed Mixed Results

Plus, a robust stock market fueled more giving to colleges in the first half of 2022, and the Mellon Foundation is giving $125 million to artists to change public attitudes on criminal justice ADVERTISEMENT [Philanthropy Today Logo]( Did someone forward you this newsletter? [Sign up free]( to receive your own copy. You can now follow The Chronicle on [Apple News]( [Flipboard]( and [Google News](. YEAR-END GIVING [Early Data Shows Mixed Bag for 2022 Year-End Fundraising]( By Rasheeda Childress [STORY IMAGE]( Some charities did gangbusters, while others struggled amid economic uncertainty and inflation. ADVERTISEMENT FINANCE AND REVENUE [Robust Stock Market Fueled More Giving to Colleges Through Mid-2022]( By Emily Haynes [STORY IMAGE]( Colleges and universities saw the biggest growth in giving since 2000 — 4.7 percent — raising nearly $60 billion from organizations and individuals during the 2022 financial year. CRIMINAL JUSTICE [$125 Million From Mellon Will Go to Artists Working to Change Public Attitudes on Criminal Justice]( By Sara Herschander [STORY IMAGE]( The grant maker is committing $125 million to creative artists — especially those who have spent time behind bars — to figure out ways to spark new conversations that lead to policy change. GRANTS ROUNDUP [Ikea Foundation Pledges $10.7 Million for Earthquake Relief in Turkey and Syria]( By M.J. Prest [STORY IMAGE]( Also, the Ballmer Group committed $165 million to Communities in Schools to expand its integrated student-support model within 1,000 schools with a student population that is predominantly low income, and St. David’s Foundation gave $43 million to local and grassroots organizations that advance health equity in Central Texas. Webinars [Seeking General-Operating Grants]( [STORY IMAGE]( As salaries and other expenses keep climbing, nonprofits need general-operating support more than ever. How can you make a compelling case for unrestricted support? Join this 75-minute session on Thursday, February 23, for guidance from two executives with strong track records in securing grants to cover overhead expenses. They’ll explain how grant seekers can demonstrate the return unrestricted investments deliver, align with grant makers’ philanthropic goals, and build trust in your nonprofit’s sustainability. [Register Today.]( SPONSOR CONTENT | CCS [CCS Examines Philanthropic Trends Amid Steady Giving in Eleventh-Edition Report]( ONLINE BRIEFINGS [Using Data Analytics to Attract and Retain Members]( [STORY IMAGE]( Trade associations and other nonprofits that rely on membership revenue employ a variety of strategies to recruit and retain people, such as hosting conferences and selling reports and research, but data from these activities often is stored in different places and can be difficult to reconcile with member records. How can nonprofits use data to maximize membership revenue and build community? Join us Tuesday, February 28, at 2 p.m. Eastern to learn from leaders who are putting their data to practical use with good results. [Register Today.]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online The American Cancer Society is putting the kibosh on plans by a Chinese maker of vaping products to send donations its way. Elf Bar, which makes e-cigarettes with flavors like cotton candy, announced an effort in January to stop youth vaping that included donating to the Cancer Society every time someone clicked a button on its website. It promised donations topping $10,000. But the American Cancer Society said it never agreed to such a partnership and would not accept money from a company selling tobacco products. Vape cigarettes use nicotine extracted from tobacco. A cease-and-desist letter followed, and the company has since taken down a news release announcing the donations, but the pledge remains on Elf Bar’s Facebook page. Stat could not reach a spokesman for the company. ([Stat]( Elon Musk gave $1.9 billion worth of shares in Tesla to charity last year. From August through December, the electric car magnate gave 11.6 million shares to an unnamed charity, according to tax filings. Repeating a pattern from the previous year, he also sold $22 billion worth of shares, and the deduction on the donations will help offset the resulting tax bill. Musk, with a fortune of nearly $200 billion, also sold and donated Tesla shares in late 2021 to an unnamed charity. ([Forbes]( More News - Richmond Nonprofit Dissolves; Months Later Dozens of Community Groups Still Don’t Have Their Money or Answers ([Virginia Public Radio]( - New Orleans Mayor’s Nonprofit Shutting Down, Returning $1 Million to City ([WWL]( - Former FTX Executive’s Charity Generated Profits From Insider Token Prices ([Wall Street Journal]( — subscription) - How to Give Toward Earthquake Relief and Recovery ([Barron’s]( Foundations and Big Philanthropy - Bradley Foundation to Ramp Up Focus on School Choice, Religious Freedom ([Milwaukee Business Journal]( - Swiss Philanthropist Gives $75 Million to Harvard Medical School ([Harvard Crimson]( - Bill Gates Attempts to Get Australian Billionaires to Dig Deeper ([Australian Financial Review]( - A Conn. Foundation Has Centered Its Strategy Only on Black and Brown Youths ([Hartford Courant]( - One-Time Supporter of Idaho Freedom Foundation Looks to Expose the Conservative Think Tank and Its Tactics ([KTVB]( Arts and Culture - With a $30 Million Commitment, the Doris Duke Foundation Announces Largest Award for Performing Artists ([Black Enterprise]( - What You Learn About Beauty and Grief as a Guard at the Metropolitan Museum of Art ([Vox]( - N.Y.’s Nonprofit New Ohio Theater Announces It Will Close After 3 Decades ([New York Times]( Editor's Picks PHILANTHROPY 50 [Meet the ‘Everyday Megadonor’: 2022’s List of Top Philanthropists Includes a Host of New Names]( By Maria Di Mento and Drew Lindsay [STORY IMAGE]( The number of people worth at least $50 million has quadrupled in the past decade. Meet the big givers hiding in plain sight. OPINION [Americans Are Volunteering Less. What Can Nonprofits Do to Bring Them Back?]( By Leslie Lenkowsky [STORY IMAGE]( Recent surveys showing a decrease in volunteering largely blame the pandemic, but the problem isn’t new. Nonprofits need to figure out how to turn Americans’ desire to lend a hand to neighbors into more formal commitments to help their communities. OPINION [The Rule of Law Faces Threats in the U.S. and Abroad. Philanthropy Needs to Pay More Attention.]( By William H. Neukom [STORY IMAGE]( Addressing myriad societal problems depends on a strong rule of law. Unfortunately, developing, promoting, and enforcing this fundamental component of healthy democracies isn’t on most donor radars. WORK AND CAREERS [Here Come the Nonprofit Unions]( By Jim Rendon [STORY IMAGE]( Charity workers want better pay, benefits, and equity, but contract talks can be contentious. Is there another way? FOUNDATION GIVING [A Family Fund’s Response to the Racial Reckoning: Give All Its Assets to One Black-Focused Nonprofit]( By Alex Daniels [STORY IMAGE]( A Baltimore foundation gave nearly all of its $1 million in assets to resuscitate a nonprofit newspaper. Its goal: to put the money in the hands of a Black-led charity and counter the idea it’s enough just to give to racial-equity organizations ADVERTISEMENT RECOMMENDED WEBINAR [Watch Our Webinar]( — As salaries and other expenses continue to climb, nonprofits need general-operating support more than ever. How can you make a successful case for unrestricted support from foundation decision makers? Join this 75-minute webinar on Thursday, February 23, at 2 p.m. Eastern to learn directly from two nonprofit leaders with strong track records in securing grants to cover overhead expenses. They'll explain how they did it and offer guidance on how grant seekers can demonstrate the return unrestricted investments can deliver, align with grant makers' philanthropic goals, and build trust in your nonprofit’s sustainability. Don't miss this chance to boost your odds of receiving unrestricted support. [Register today.]( JOB OPPORTUNITIES [Senior Associate Director of Advancement Operations]( St. Lawrence University [Search other jobs.]( NEWSLETTER FEEDBACK [Please let us know what you thought of today's newsletter in this three-question survey](. [Chronicle of Philanthropy Logo]( This newsletter was sent to {EMAIL}. [Read this newsletter on the web](. [Manage]( your newsletter preferences, [stop receiving]( this email, or [view]( our privacy policy. © 2023 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037