COVID-19 News Digest: Week of June 15, 2020

COVID-19 News Digest: Week of June 15, 2020

Here is this week’s selection of thought-provoking readings and resources that we’ve found useful for navigating the philanthropic response to the coronavirus pandemic:

  • Leading Foundations Pledge to Give More, Hoping to Upend Philanthropy | The Ford Foundation, the John D. and Catherine T. MacArthur Foundation, the W.K. Kellogg Foundation, the Andrew W. Mellon Foundation and the Doris Duke Charitable Foundation are raising their annual payout to 10% or more in response to the health and economic crisis facing the nonprofit sector and the people they serve. “The decision by the five influential foundations — major sponsors of social justice organizations, museums and the arts and environmental causes — could shatter the charitable world’s deeply entrenched tradition of fiscal restraint during periods of economic hardship.”
  • SF Mayor London Breed Announces Soda Tax Funding Will Provide Emergency Food for People Affected by COVID-19  | A timely announcement from San Francisco Mayor London Breed’s office. “Because the COVID-19 pandemic exploits the pre-existing inequities in our society, it impacts communities that experience health disparities, economic inequality and discrimination more significantly. Due to these impacts, the funds from the Soda Tax will specifically support low-income people; seniors; pregnant and breastfeeding women; and undocumented immigrants.”
  • As Higher Ed Giving Tanks, What Will Happen to Big Capital Campaigns? | A thoughtful piece in Inside Philanthropy by Mike Scutari, covering the very relevant issue of higher education fundraising in the midst of the pandemic. “Of the institutions that were planning to enter the quiet phase of a campaign during the next fiscal year, 77% are still moving ahead. Three out of four of these institutions say they may change the public launch date, and 10% have already done so. Across all institutions currently in a campaign, 45% say they are ‘still deciding about whether to delay their closing date.’ More than one in 10 have pushed the close date back a year or more.”