Inside Philanthropy

Inside Philanthropy | September 27, 2018

It’s hardly a secret that the leadership of America’s nonprofit sector isn’t very diverse. What’s less well known is how little progress has been made on this challenge in recent decades—a period when demographic change has accelerated in the country as a whole. A report by BoardSource last year found that 90 percent of nonprofit board members and CEOs are white, while a quarter of boards are all-white. These numbers have hardly changed since BoardSource began track...

Inside Philanthropy | October 09, 2018

A group of foundations and other donors have pooled their resources to provide grants and loans that help progressive causes test new fundraising ideas or expand existing money-raising efforts. The Progressive Multiplier Fund, as the new grant-making entity is called, has raised more than $2 million to be distributed in the next 12 months. Already the six-month-old fund has made two grants of totaling $50,000 to test new fundraising ideas. Larger loans will be made to organizations seeking to ex...

Inside Philanthropy | January 30, 2018

As corporate philanthropy evolves, JPMorgan Chase has emerged as one of its leading players. The bank’s philanthropy, which we explored in a recent deep dive, already tops $250 million a year, putting it up there with many large foundations. Now, JPMorgan Chase’s corporate responsibility arm is poised for further growth, albeit along similar lines as it’s already been pursuing.In a recent announcement, the company said it intends to increase its philanthropic investments by 40 ...

Santander Holdings USA, Inc. | January 15, 2020

Santander US ("Santander") announced a total commitment of more than $14.8 million in charitable giving in 2019 across the United States, including $11.5 million from Santander Bank, N.A., $800,000 through Santander's Universities program, $2.19 million through the Santander Consumer USA Inc. Foundation, and more than $385,000 from Banco Santander Puerto Rico. "Santander continues to invest in the communities we serve through our charitable giving," said Tim Wennes,...