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The new collaborative fund was created to ensure that communities in the Philadelphia area have access to reliable news and information throughout and after the coronavirus pandemic.
The Claneil Foundation’s Professional Development Fund invests in people not simply in terms of their skill sets, but in their very humanity.
Recipients include artists and practitioners working in disciplines such as performance, film,
visual arts, literature, and community-based art forms.
The annual Council on Foundations-Commonfund study found that private foundations reported an average 13.1 percent return on their investment assets last year, and that 33 percent of foundations to increased their giving over 2019.
With an additional donation of $1 million, Comcast NBCUniversal has made direct cash contributions to $2.5 million to support hurricane relief efforts.
Philanthropy Network's Executive Director Sidney Hargro is among 12 people of color on Generocity's Leader List 2018, spotlighting those who are doing exceptional work to strengthen Philly’s social impact sector.
With Tower Health’s closure of Jennersville Hospital on December 31, and the closure of Brandywine Hospital’s doors today, The Alliance for Health Equity (The Alliance), formerly the Brandywine Health Foundation, has announced the formation of the Health Services Leadership Group Task Force.
Leadership by Independence Blue Cross Foundation propels Pennsylvania to forefront of supporting young adults in recovery.
The Greater Philadelphia Corporate Volunteer Council (GPCVC) is now partnering with the Philadelphia Foundation to help strategically guide corporate volunteerism throughout the Greater Philadelphia region.
Arts foundations and nonprofit leaders are increasingly aware of diversity and equity issues in the nonprofit cultural sector. However, despite this awareness, arts funding is getting less equitable, not more. Just 2 percent of all cultural institutions receive nearly 60 percent of all contributed revenue – up 5 percent over a decade. Funding inequities are systemic and local patterns mirror national ones.
With new data about the financial health of Greater Philadelphia nonprofits combined with troubling trends due to COVID-19, it's clear that collaboration will be a vital strategy for both nonprofits and funders if the sector is to continue to provide essential services and stimulate innovation that advances social purpose.
With the deep and ever-widening economic inequities exposed by the COVID-19 crisis, it's time we come together to invest in strategies and policies that decrease and eventually eliminate the gender and racial wealth gap.