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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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Money talks: Why tuning into the Giving Pledge matters 

Candid

As the saying goes, “Money talks,” and there’s no better example of this than the Giving Pledge and its effect on the social sector. To date, 241 individuals with a cumulative net worth easily surpassing $1 trillion have made the pledge—a public commitment to give the majority of their fortunes to charity.

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Elon Musk pledges $100 million for new X Prize carbon removal competition

The Verge

The company pledged $1 billion toward the effort. When that happened, the Tesla and SpaceX CEO asked his millions of Twitter followers for “ways to donate money that really make a difference.” The $100 million is coming from Musk’s own foundation. Last month, we got the first glimpse at the slight progress Microsoft has made toward that goal.

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How to Host a Pledge Drive: The Complete Guide

Qgiv

A pledge drive is a fundraising campaign where donors promise a gift amount to your organization based on a goal set by you or your participants. As your organization or participants meet those goals, donors increase their pledged donation. Create your pledge drive plan The first step to host a pledge drive is to create your plan.

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Blendoor data lets you know if companies are living up to diversity pledges

TechCrunch

She said that the startup targeted companies that had made public DEI pledges as a natural place to start. She then took this data and structured it, normalized it and built an algorithm that could dynamically score companies much the same way that our credit rating or security scorecards work and make that information public.

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A $500 Million Pledge to Support Local News

Non Profit Quarterly

Image credit: Jon Tyson on Unsplash The decades-long decimation of local news—and the dangers that the trend poses for public oversight, an informed citizenry, and democracy itself—remains very much underway. The MacArthur Foundation itself pledged $150 million to the new fund. Since 2005, some 2,200 local newspapers have closed.

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