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Bill & Melinda Gates Foundation and Wellcome Pledge $300M to CEPI for COVID-19 Pandemic Response

NonProfit PRO

The foundations call on world leaders to support the Coalition for Epidemic Preparedness Innovations (CEPI) to help end the COVID-19 crisis, prepare for future pandemics, and address epidemic threats.

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Supporting Native communities is about listening and relationships

Candid

The Northwest Area Foundation has been a longtime funder of Native communities. The commitment is an intentional public pledge to stand alongside Native communities. Photo credit: Standing Rock Community Development Company The post Supporting Native communities is about listening and relationships appeared first on Candid insights.

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Lessons from the 2024 Atlantic hurricane season: What philanthropy can do better

Candid

In Sarasota County, it destroyed million-dollar homes on barrier islands, impacting the donors nonprofits and foundations rely on for disaster relief funding. As of December 12, 2024, Candids tracking of press releases and other funding announcements have found 227 grants and pledges worth nearly $278 million for Hurricanes Helene and Milton.

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Mitigating the impacts of a loss of a nonprofit revenue source

Candid

How nonprofit boards can support a sustainable funding strategy. A strong board can help develop an effective funding strategy by supporting a review of the current revenue mix or helping secure a specific type of funding. Where do foundations stand on multiyear funding? How to ask your long-term funders for more money.

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A $500 Million Pledge to Support Local News

Non Profit Quarterly

Since 2005, some 2,200 local newspapers have closed, according to a press release by the MacArthur Foundation. In an effort to turn this trend around, the MacArthur Foundation unveiled in September 2023 the Press Forward initiative, a coalition of 22 founding donors set on “strengthening communities and democracy by supporting local news.”

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Are corporations making good on their racial equity pledges?

Candid

A s of July 2020, we’d identified racial e quity grants and pledges worth $4.2 Yet a closer look at th is funding shows that pledges — particularly those from corporate funders — account for nearly three-quarters of the dollars we’ve tracked. What are corporate pledges? . billion dollars. 3] . 3] .

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Big Tech pledged a billion to racial justice, but it was pocket change

The Verge

The money they’ve pledged, in context, looks an awful lot like pocket change. Apple theoretically could have made its $100 million pledge back in less than a day. million would be the biggest pledge from big tech companies to date, that’s like if a middle-class American worker made a one-time donation of $92.55.

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