Transforming Communities
News and opinion about community foundations and philanthropy
$536.6M and Counting: Donors Across Country Rally to Support Covid-19 Relief
A diverse coalition of individuals, companies, and foundations have rallied to mobilize $536.6 million to support community foundation-led Covid-19 relief efforts across the United States.
That figure includes funds managed by more than 325 community foundations in all 50 states that have provided figures to the Community Foundation Public Awareness Initiative.
Much of that money is already at work in communities -- with more to come over the coming weeks.
Community Foundations' Covid-19 Response Now Totals $462.1 Million
Nearly 300 community foundations nationwide have mobilized more than $429.1 million to provide critical support to those affected by Covid-19, according to new data from the Community Foundation Public Awareness Initiative.
Of that figure, nearly $100 million has already been granted to nonprofits who are working to provide food, shelter and other basic needs; help schools purchase and distribute computers to students who would otherwise not be able to access distance learning programs; and offer a long list of other critical services.
Arkansas Becomes Latest State Turning To A Community Foundation To Manage Its Covid-19 Relief Fund
Arkansas Gov. Asa Hutchinson selection of the Arkansas Community Foundation as a trusted partner to administer the state’s recently launched Covid-19 Relief Fund marks the latest in a growing trend among government agencies that are looking for knowledgable partners for managing relief funds and ensuring the money collected is going to vetted nonprofits.
Community Foundations Ramp Up Covid-19 Response, Mobilizing $411.3M to Those in Need
Nearly 250 community foundations in all 50 states have collectively mobilized more than $353 million to provide critical support to those affected by Covid-19, according to new data from the Community Foundation Public Awareness Initiative.
In many communities, some of that money is already helping provide food, shelter, and other urgent needs. To date, community foundations have publicly announced more than $54.8 million in grants to local nonprofits. Many others are expecting to allocate their first round of grants within the next week.
Donor-Advised Fund Provides $1M in Rapid-Response Funding to Help Children Affected by Covid-19
As communities across the U.S. grapple with how to help those impacted by Covid-19, donors are stepping up grantmaking through donor-advised funds to help those in need.
U.S. Community Foundations Mobilize $289M to Support Those Impacted by COVID-19
U.S. community foundations are moving decisively to help those in need during the Covid-19 crisis -- mobilizing more than $238.7 million during the past two weeks alone. These funds will provide critical support to those who are facing challenges such as lost income, housing and food instability.
The Coronavirus Outbreak Could Prove Why Donor-Advised Funds Serve Society Well
Philanthropy has one often-maligned resource that is poised to serve as a shock absorber for communities as they attempt to deal with the far-reaching impact of the coronavirus — donor-advised funds.
Community Foundations Nationwide Launch Coronavirus Relief Efforts
Community foundations across the U.S. have been stepping up their response to COVID-19 -- creating new funds to support those affected and partnering with local governments and health organizations to help contain its spread.
How Philanthropy Can Test Innovative Ideas for Climate Change
When extreme weather strikes, islands take a big hit. These storms cause a high rate of homelessness.
Last week more than 70 organizations issued the Climate Strong Islands Declaration, which calls for foundations, government agencies, and corporations to support efforts to make islands more sustainable, self-sufficient and resilient.
In Puerto Rico, solar microgrids are being built from philanthropy, government agencies and businesses working hand-and-hand.
*Reprinted with permission from The Chronicle of Philanthropy*
Communities Foundation of Texas Reaches $2B Milestone
The Communities Foundation of Texas this week announced that it has passed the $2 billion milestone for its grant making.
The foundation foundation is one of the largest grantmakers in its state, and manages more than 1,000 charitable funds.