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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

In the first full quarter measuring earnings during the pandemic, Amazon, Apple, Facebook, Google, and Microsoft reported making truckloads of cash. 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.

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Learning from peers to refine your nonprofit funding strategy

Candid

In this article, well outline a three-step process adapted from our report Finding Your Funding Strategy: Benchmarking 101 , tailored to U.S.-based Annual reports can provide valuable insights. based nonprofits. Lets consider the different revenue sources nonprofits typically get their funding from.

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Study Pushes for More Transparency in Donation Pledges to Racial Equity

NonProfit PRO

The joint PolicyLink-Bridgespan Group analysis, "Moving from Intention to Impact: Funding Racial Equity to Win," is calling for funders to be more transparent about where their proposed dollars went, as 94% of donors have yet to report data, which has made pinpointing the actual funding to racial equity efforts extremely difficult.

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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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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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Rivian’s IPO filing is now public

TechCrunch

billion private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor and funds and accounts advised by T. Rivian reported a net loss of $426 million in 2019. The S-1 document, which was filed Friday with the U.S. Securities and Exchange Commission, does not include terms for its offering. Inside the S-1.

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