Monthly Archives: June 2014
|June 27, 2014||Posted by M. P. under Management, News, Philanthropy||
Recent high-profile hirings and movements to tweak what philanthropy “looks like” aside, new data indicate that an emerging trend in grantmaking is the decline of Black professionals within the field. The Association of Black Foundation Executives (ABFE) and members of the Black Philanthropic Network teamed up to take a deeper look at why Black professionals were leaving the philanthropic arena, where they ended up and what organizations could do to address this recent pattern.
Main findings from the report, The Exit Interview: Perceptions on Why Black Professionals leave Grant making Institutions:
- 72 percent of respondents (the majority of whom had been or currently were in a leadership position at a grantmaking organization) believed that leadership roles for Black professionals were not substantial within philanthropy
- 22 percent stated they were “pushed out” of their recent position in philanthropy
- 48 percent agreed or strongly agreed that employment outside of a philanthropic institution allowed for more on-the-ground work and contact with the community, another 32% agreed somewhat
- Over 60 percent of respondents left philanthropy for employment with a nonprofit organization
Additional study findings, perspectives from former foundation professionals, a look a regional differences in urban philanthropy (including Pittsburgh) and recommendations regarding organizational leadership, accountability and professional growth in the complete report at the ABFE website.
|June 17, 2014||Posted by M. P. under Management, News, Philanthropy||
The Great Recession did a number on charitable contributions, with the rate of total giving dropping over 13 percent (combined) during 2008 and 2009. Although charitable giving has yet to return to pre-recession levels, new data indicate that it may not take long to reach that mark.
Estimates recently released by the Giving USA Foundation and the Indiana University Lilly Family School of Philanthropy suggest that individual giving played a significant role in the 4.4 percent increase in overall giving in 2013. Corporate giving declined by 2 percent last year, while foundation giving increased by over 5.5 percent. Individual giving increased almost 4.5 percent and made up the largest portion of contributions. The report, Giving USA 2014: The Annual Report on Philanthropy for the Year 2013, is available on the Giving USA website.
The Foundation Center has posted a preview of their Key Facts of U.S. Foundations 2014 report that gives an optimistic view of giving trends, even while noting that 11,000 more foundations were included in the upcoming report than in 2008, including some created by pharmaceutical companies specifically to distribute product. Also, though foundation giving appears to have increased in 2013, it must keep ahead of inflation rates to be meaningful. Still, based on the strong stock market, replenished endowments, and positive trends in individual giving, the forecast for foundation giving looks to be one of steady growth.