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National Funding Partners Invest in Diverse Leadership Initiative for Art Museums

NonProfit PRO

Four national funding partners have announced the Leadership in Art Museums (LAM) initiative. Over the next five years, the LAM funders will commit over $11M in funding to museums to increase racial equity in leadership roles.

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6 Benefits of Fund Accounting Software for Nonprofits

Nonprofit Tech for Good

Many nonprofits use an accounting approach called fund accounting. Fund accounting also requires specific industry expertise, knowledge and experience to bridge the gap between tracking the use of funds and generating GAAP financial statements that focus on the changes in net assets. This method?focuses?on on the use?of

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The DAF Research Collaborative Releases Independent National Study on Donor-Advised Funds

NonProfit PRO

The Donor Advised Fund Research Collaborative released a study that answers some of the most pressing questions about donor-advised funds.

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Donor-Advised Fund Spotlight Examines Use of Complex Assets to Fund DAF Philanthropy

NonProfit PRO

A new spotlight report from National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAF), details that on average, over the past five years, noncash assets accounted for more than half of total contributions to NPT DAFs.

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Transport Canada introduced funding for Indigenous communities to purchase marine equipment and advance training opportunities in British Columbia

Charity Village

Transport Canada introduced funding for Indigenous communities to purchase marine equipment and advance training opportunities in British Columbia. Funding of $2.3 million is available to improve vessel safety for 12 Indigenous communities through the Marine Safety Equipment and Training (MSET) Initiative.

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Bernstein Private Wealth Management Launches Bernstein Philanthropic Impact Fund

NonProfit PRO

Bernstein Private Wealth Management announced the introduction of a private label donor-advised fund (DAF) program, the Bernstein Philanthropic Impact Fund. The DAF program will be administered by National Philanthropic Trust.

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Mission Driven Bank Fund and Partners Aim to Close Racial Income and Wealth Gaps

NonProfit PRO

The Mission Driven Bank Fund partnered with the National Bankers Association Foundation and UpMetrics to close racial income and wealth gaps.

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