According to a report funded by The Philadelphia Foundation that examined the financial health of local nonprofits, more than 40 percent are running at a loss or producing no surplus at all.
Skills-based volunteers to provide free capacity building support.
Pottstown, PA – The Pottstown Area Health & Wellness Foundation (PAHWF) has awarded $854,078 in grant requests during the fall grant round of fiscal year 2018-2019 to 33 non-profit organizations, schools and municipalities.
Creating a pooled fund of flexible capital could help resuscitate our arts ecosystem and build a more sustainable future for the arts and cultural sector post-COVID-19.
The Recovery Phase will be aimed at grant funding to counter the long term impact of COVID-19.
The fund will award a total of $8.5 million in grants to organizations managing funds explicitly devoted to providing COVID-19 relief to communities of color, low-income populations, and others being disproportionately impacted by the crisis.
New funding supports operating expenses and promotes racial equity at 22 local organizations responding to increased demands and organizational stressors of the COVID-19 pandemic.
The Pew Charitable Trusts and Harris Philanthropies have each given $2 million to help bring two leadership development programs to 100 Philadelphia-area nonprofit executive teams.
Developed by the Center for High Impact Philanthropy at the University of Pennsylvania and Philanthropy Network Greater Philadelphia with support from William Penn and Lenfest Foundations, the dashboard is one of the first efforts to collect grants data from numerous pooled giving funds and share it publicly, mapped against demographic and economic data.
Partners funding the report acknowledge that the risk the sector faces today during a pandemic is the result of a system that was not financially stable pre-COVID that must be fixed.
