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Resilia Raises $35M Series B to Democratize Philanthropy and Fuel Nonprofit Capacity

NonProfit PRO

Resilia announced that it has closed $35M in a history-making series B round to further help nonprofits increase their day-to-day capacity and funders scale impact through resources that extend beyond just a monetary grant.

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5 things to know about philanthropy to HBCUs

Candid

Little has been known about how philanthropy has—or hasn’t—supported them, until now. Candid and ABFE partnered to create and publish Philanthropy and HBCUs: Foundation funding to historically Black colleges and universities. The number of large foundations awarding grants to HBCUs also decreased during this time.

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The more you know: Key facts about Black nonprofit leadership 

Candid

“Funders should prioritize organizations with smaller budgets [and] target substantial multiyear funding toward nonprofits with budgets under $100,000 and simplify grant applications, recognizing that funders often impose greater barriers to accessing large grants,” says Heather Infantry, CEO of Giving Gap.

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Generational change in giving and philanthropy? 

Candid

The big question is: How will generational shifts and donors’ evolving values and social interests shape the face of future philanthropy and perceptions of giving? A historic transfer of wealth on the horizon By some estimates, the greatest generational wealth transfer in the history of the world is already underway.

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Philanthropy must prioritize elevating and including Black voices

Candid

In 2020, the philanthropic sector started conversations about how philanthropy can better support Black-led organizations and the Black community. According to the 2020 Smithsonian Magazine article, The Storied History of Giving in America , the practice of philanthropy can reflect and reinforce inequity.

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What do the mega gifts of 2024 say about giving? 

Candid

Candids Philanthropy News Digest and the Chronicle of Philanthropy covered 24 nine- and 10-figure gifts from U.S.-based According to Dollars and Change , a report from Candid, GivingTuesday, and Network for Good, total dollars awarded and average grant or gift size increased between 2015 and 2022. billion from $5.4

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How the MacKenzie Scott Miracle Is Lifting Nonprofits in One City

NonProfit PRO

It’s a safe bet that all 798 nonprofits that received transformational grants from MacKenzie Scott and her husband Dan Jewett, totaling close to $9 billion, believe in miracles. They all were beneficiaries of the most awesome display of philanthropy in size, speed and flexibility that we’ve ever seen in history.

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