NONPROFIT MANAGEMENT

Vanguard Charitable Launches Updated Nonprofit Aid Visualizer Tool to Help Donors Connect to Nonprofits Providing Hunger and Homelessness Relief

Vanguard Charitable | December 02, 2021

Vanguard Charitable, a leading U.S. nonprofit organization and sponsor of donor-advised funds (DAFs), announced the launch of the updated Nonprofit Aid Visualizer, NAVi for Hunger & Homelessness. Available for free on Vanguard Charitable's website, this interactive web-based tool will help donors better connect with nonprofits in their local communities and those operating in geographic areas struggling with homelessness and hunger.

This release of the new iteration of NAVi comes after a year in which close to 60 million Americans turned to food banks and when more than 500,000 Americans faced homelessness. Vanguard Charitable, after polling its donors, speaking with nonprofits, and conducting market research, determined that a free charitable mapping tool aimed at addressing hunger and homelessness could inform and inspire the giving public to learn where and how they can make a difference.

At Vanguard Charitable, we're focused on increasing giving and providing donors with innovative, transparent, and easy solutions that help them achieve their giving priorities – and NAVi for Hunger & Homelessness will do just that. This tool is a direct result of our donors telling us they're focused on hunger and homelessness, two interwoven problems that have been greatly exacerbated by the ripple effects of COVID-19. With access to valuable real-time data, all donors, whether experienced or donating for the first time, can use NAVi for Hunger & Homelessness to ensure their donations will help drive lasting change and aid in solving these persistent crises."

Rebecca Moffett, President of Vanguard Charitable

Giving Generously and Close to Home
The release of NAVi for Hunger & Homelessness comes on the heels of a generous two years of giving by Vanguard Charitable donors to organizations focused on housing and hunger. In 2020, grant dollars to nonprofits focused on hunger, housing or both categories increased 96% over 2019, with Vanguard Charitable donors giving $302 million to more than 11,000 hunger and homelessness-focused nonprofits across the United States. This year, Vanguard Charitable donors' grants to hunger and homelessness-focused nonprofits remain high and are on track to match 2020 giving levels.

Thus far in 2021 (as of 10/31/21), large, national nonprofits (and those with local chapters) addressing hunger and homelessness continue to be a focus for donors, with top grantees, by dollars, as follows:

  • Legal Aid Justice Center
  • International Rescue Committee
  • UNICEF
  • Give Directly
  • Philadelphia Kids in Care
  • Feeding America
  • Habitat for Humanity International
  • Tipping Point USA
  • Advocates for Community Choice
  • Braven

When compared to other cause areas, hunger and homelessness also tend to be issues donors support most often in their own communities. Between 12/1/2020 and 9/30/2021, nearly two out of three Vanguard Charitable grants to support hunger and homelessness were issued to nonprofits within the same state as the donor compared to 55% of grants in all other interest areas in the same period.

Vanguard Charitable launched its first iteration of NAVi in fall 2020, with the data focused on COVID-19 relief and recovery. That free iteration enabled donors to search for geographies most vulnerable to and hit hardest by COVID-19 and the local charities that were providing support.

About Vanguard Charitable
Vanguard Charitable is a leading U.S. nonprofit organization that fulfills its mission to increase philanthropic giving by administering a donor-advised fund—a tax-effective way to consolidate, accrue, and grant assets to charity. Since it was founded by Vanguard in 1997 as an independent organization, Vanguard Charitable has granted more than $12 billion to charity.

Spotlight

With the strong finish of the stock market and passage of the Tax Cuts and Jobs Act at the end of 2017, 2018 is shaping up to be an unusual year, and we can expect major changes in the landscape of charitable giving. These factors will undoubtedly affect the baseline projections produced by The Philanthropy Outlook’s forecasting model. The stock market exceeded expectations for growth in 2017 and if this growth continues, would boost charitable contributions in the coming years. At the same time, tax reform has the potential to have a significant dampening effect on giving especially giving by individuals.


Other News
NONPROFIT TECHNOLOGY

CompTIA Partners with Coursera to Deliver Technology Training to Broader Professional Audience

CompTIA | October 28, 2022

CompTIA, the nonprofit association for the information technology (IT) industry and workforce, announced today it is partnering with Coursera, a leading online learning platform, making it part of a global network of industry leaders that provide deep expertise to train emerging and experienced talent on the latest technologies and tools. Coursera industry partners are leaders in helping learners develop skills for in-demand jobs as well as creating jobs through professional training and certifications. Among Coursera's 100+ industry partners are Google, IBM, Microsoft, and Autodesk. Coursera is one of the world's largest online learning platforms with more than 100 million learners globally. As an industry partner, CompTIA will build three Specializations around CompTIA A+®, CompTIA Network+®, and CompTIA Security+® certifications, which will be available in early 2023. Each Specialization will be fully online, self-paced, and consists of several courses, providing introductions to the specific certifications along with foundational information that will help learners determine if they are ready to move forward with their training journeys. "Our goal is to deliver foundational training to individuals looking to expand their career options through gaining technical skills and knowledge, Technology training has never been more vital to people in all sorts of industries and job roles. By joining forces with Coursera, CompTIA will connect more people with the education they need to start or continue their career paths." -Thomas Reilly, chief product officer at CompTIA. Learners who complete a CompTIA Specialization on Coursera will have the opportunity to continue their training via CompTIA's comprehensive catalogue of technology certifications. About CompTIA: The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5 trillion global information technology ecosystem; and the estimated 75 million industry and tech professionals who design, implement, manage, and safeguard the technology that powers the world's economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. About Coursera: Coursera (NYSE: COUR) was launched in 2012 by two Stanford Computer Science professors, Andrew Ng and Daphne Koller, with a mission to provide universal access to world-class learning. It is now one of the largest online learning platforms in the world, with 107 million registered learners as of June 30, 2022. Coursera partners with over 275 leading university and industry partners to offer a broad catalog of content and credentials, including Guided Projects, courses, Specializations, certificates, and bachelor's and master's degrees. Institutions around the world use Coursera to upskill and reskill their employees, citizens, and students in many high-demand fields, including data science, technology, and business.

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FUNDRAISING

National PTA Names Recipients of Over $650K in Program Funding

National PTA | November 10, 2022

National PTA announced today the recipients of over $650K in funding to help host PTA programs this school year in the areas of mental health, STEM, digital safety, literacy, tobacco use prevention and the arts. Nearly 500 PTAs from across the country have been selected to receive funding as part of the association's PTA Connected, STEM + Families, Family Reading Experience, Healthy Lifestyles and arts education initiatives. The funding is made possible by PTA Proud National Sponsors The Allstate Foundation, the New York Life Foundation, Bayer Fund, Huntington Ingalls Industries, Discord, Google and YouTube, Norton, TikTok, Office Depot and The Campaign for Tobacco-Free Kids, as well as the family of Mary Lou Anderson, who founded National PTA's Reflections program. "Each school year, National PTA offers funding to support PTAs in conducting PTA programs for their school communities to increase access to educational opportunities and enhance family engagement," said Anna King, president of National PTA. "We are thrilled to provide over $650K in funding this year to nearly 500 PTAs—and we are grateful to our sponsors for supporting our mission and making this funding possible, which is so needed right now." Following are the funding recipients: 50 local PTAs have been selected to receive $2,500 each, sponsored by The Allstate Foundation, and 50 local PTAs have been selected to receive $2,500 each, sponsored by the New York Life Foundation, to equip families with the tools they need to build healthy minds as part of National PTA's Healthy Minds program. The goal of the program is to empower families to make mental health an everyday priority. 30 local PTAs have been selected to receive $1,000 each and two district/council/region PTAs have been selected to receive $5,000 each, sponsored by Bayer Fund, to engage families in science activities as part of National PTA's STEM + Families Science Festivals program. The goal of the program is to make science more accessible and less intimidating to students and their families—especially among girls and underrepresented youth. 35 local PTAs have been selected to receive $1,000 each, sponsored by Huntington Ingalls Industries, to connect families with engaging, hands-on STEM activities through National PTA's STEM + Families Propelling Our World program. The goal of the program is to inspire students and families to be interested in STEM—and more specifically in the skilled trades—to eventually consider careers in these fields. 30 local PTAs have been selected to receive $1,000 each, sponsored by Discord, to facilitate meaningful conversations between teens and their caregivers about ways we can all work together to protect privacy, be safer and support one another online. The goal of the program is to help families explore ways to foster positive relationships, navigate digital dilemmas and build belonging in our digital world. 50 local PTAs have been selected to receive $1,000 each, sponsored by Google and YouTube, to host an interactive Be Internet Awesome program where families engage with one another in meaningful conversations about raising children in an online world and create a shared understanding of what it means to Be Internet Smart, Alert, Strong, Kind and Brave. 150 local PTAs have been selected to receive $1,000 each, sponsored by Norton, to facilitate PTA Connected The Smart Talk family conversations in their school communities. The Smart Talk is an interactive tool created by National PTA and Norton that walks families through a series of guided digital safety questions, then creates a personalized family agreement for how technology will be used at home. 38 local PTAs have been selected to receive $1,000 each, sponsored by TikTok, to host family-centered conversations within high school communities about digital kindness, safety and responsibility as part of National PTA's PTA Connected Create With Kindness program. 35 local PTAs have been selected to receive $1,000 each, sponsored by Office Depot, to implement National PTA's Family Reading Experience program, which connects families with reading resources and is designed to help expand student access to books and diversify libraries at home, in school and in the community 25 local PTAs have been selected to receive $1,000 each, sponsored by The Campaign for Tobacco-Free Kids, to help educate students and families that youth e-cigarette use remains a serious public health problem, the dangers of flavored tobacco products, and to promote tobacco use prevention, including hosting Take Down Tobacco National Day of Action anti-tobacco campaign activities. Two local PTAs have been selected to receive the 2022-2023 Mary Lou Anderson Reflections Arts Enhancement Grant of $1,000 each. The funding is designed to help PTAs administer student-centered programs that increase access to high quality arts learning experiences and create new pathways for students to participate in the National PTA Reflections program, with special emphasis placed on increasing access to arts education among at-risk and underrepresented students. National PTA's programs are designed to provide access to engaging, educational and fun opportunities that inspire; recognize; and support the physical, social-emotional and learning needs of all students and their families. National PTA offers in-person and at-home programs to meet students and families where they are. While funding is being provided to support PTAs' program events in their school communities, National PTA's programs are available to all PTAs and schools. "National PTA's programs bring knowledge, tools and resources into the lives of families to support their health, safety, well-being and success—as well as help connect families to their children's school, Our association remains committed to increasing family engagement in education and ensuring that families and schools have tools and information to best support students' learning, development and success, and also improve the health and safety of our communities." -Nathan R. Monell, CAE, National PTA Executive Director. About National PTA: National PTA® comprises millions of families, students, teachers, administrators, and business and community leaders devoted to the educational success of children and the promotion of family engagement in schools. PTA is a registered 501(c) (3) nonprofit association that prides itself on being a powerful voice for all children, a relevant resource for families and communities, and a strong advocate for public education. Membership in PTA is open to anyone who wants to be involved and make a difference for the education, health and welfare of children and youth.

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FUNDRAISING, NONPROFIT TECHNOLOGY

PenFed Foundation Donates $200,000 to Serve Our Willing Warriors to Support Wounded Service Members and their Families

PenFed Foundation | September 09, 2022

The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, furthered its commitment to wounded warriors and their families with a $200,000 grant to support Serve Our Willing Warriors (SOWW), a charitable organization providing cost-free retreat stays and programs that positively impact wounded, ill, and injured service members, disabled veterans and their families. The grant will be used to begin construction on a 6-bedroom, 2,000-square-foot multi-purpose space. In addition to providing respite for wounded warriors and families, the PenFed Grand Lodge will impact warrior groups by delivering programs for post-traumatic stress counseling, job training, entrepreneurial training, and education in science, technology, engineering and mathematics. "We are proud to continue our support of Serve Our Willing Warriors as they provide a home away from home for wounded and ill warriors and their families, The fight does not end on the battlefield for our wounded warriors. The PenFed Grand Lodge will host hundreds of warriors and their families so they can renew their spirits and gain access to critically needed group programs." -James Schenck, president/CEO of PenFed Credit Union and CEO of PenFed Foundation. In addition to PenFed Foundation's support for the PenFed Grand Lodge, PenFed Credit Union donated $300,000 to SOWW in 2021 to begin raising matching funds to make the lodge a reality. Groundbreaking is scheduled for December 2022. In 2018, the PenFed Foundation donated $300,000 to SOWW to build the PenFed Foundation Home at Warrior Retreat. The 5-bedroom PenFed Foundation Home doubled the capacity at Warrior Retreat, enabling SOWW to provide respite after long hospital stays for 300 wounded warriors and their families per year. During their visits to the PenFed Foundation Home, recovering warriors are able to participate in nearly 50 activities to heal their minds and bodies including massage therapy, canine support services, fishing, hiking, horseback riding, helicopter tours, and five-star meals prepared by the Visiting Chef Program (VCP). The VCP consists of local chefs and military chef teams from around the region, including the Presidential Food Service Team. The PenFed Foundation Home saves lives and relationships by giving hope to warriors and families. To learn more about the activities at PenFed Foundation Home, please click here to see a series of videos produced by PenFed Digital. "Willing Warriors has long valued its partnership with PenFed Credit Union and the PenFed Foundation. This additional donation of $200,000 further demonstrates their commitment to our service mission, Together, we are bringing life-changing stays and impactful programs to our military heroes". -Shirley Dominick, president and co-founder of Serve Our Willing Warriors. About PenFed Foundation: Founded in 2001, the PenFed Foundation is a national nonprofit organization committed to empowering military service members, veterans and their communities with the skills and resources to realize financial stability and opportunity. It provides service members, veterans, their families and support networks with the skills and resources they need to improve their lives through programs on financial education, homeownership, veteran entrepreneurship and short-term assistance. Affiliated with PenFed Credit Union, the Foundation has the resources to effectively reach military communities across the nation, build strong partnerships, and engage a dedicated corps of volunteers in its mission. The credit union funds the Foundation's personnel and most operational costs, demonstrating its strong commitment to the programs the Foundation provides. Equal Housing Opportunity.

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FUNDRAISING, FINANCIAL MANAGEMENT

FIRST NATIONS FINANCE AUTHORITY TAKES CRUCIAL STEPS TOWARD ESTABLISHING THE FIRST NON-PROFIT INDIGENOUS OWNED INSURANCE PROGRAM IN CANADA

First Nations Finance Authority | September 06, 2022

The First Nations Finance Authority (FNFA) has signed a memorandum of understanding with BFL CANADA, one of the largest employee-owned and operated insurance brokerage firms in Canada, which takes the initial steps toward establishing the first-ever non-profit Indigenous-owned insurance model for Indigenous communities and businesses in Canada. "Access to insurability is a major barrier facing First Nations in their efforts to build healthy and prosperous communities, Providing Indigenous communities with access to broad insurance coverage at affordable rates would be a major step forward on the path to economic reconciliation, It is time that our communities and businesses operate and fully own a National Indigenous Insurance Model." -Ernie Daniels, President, and CEO of the FNFA. FNFA's Ernie Daniels and BFL CANADA CEO, Founder and President Barry F. Lorenzetti signed a Memo of Understanding to move forward to test the feasibility of the model. We are committed to being a part of this project which will establish a collaborative alternative risk transfer model that serves communities effectively, creates new jobs and careers, and develops new sources of revenue for Indigenous communities, said Mr. Lorenzetti. This is how we begin to take action toward economic reconciliation within the insurance industry. First Nations leaders from across turtle island have come forward in support of the initiative requested to participate in this study. First Nations communities and organizations have limited options in finding insurance for community-owned assets and economic development initiatives and are often forced to accept take-it-or-leave-it offers at higher cost. FNFA's proposed model is being developed in collaboration with Indigenous partners, government, and industry. Its aim is to empower Indigenous communities and organizations to own and manage a collective insurance and risk management program which would enhance the economic strength and well-being of their communities. As a non-profit, Indigenous-led lending institution, FNFA has provided over $1.7 billion in low-cost loans to First Nations to help bridge the huge $30 billion infrastructure gap that exists between Indigenous communities and the rest of Canada. The FNFA is determined to bring the same kind of innovative approach to developing an Indigenous insurance and risk management program. Every Rez spends tens of thousands of dollars annually on business and home insurance. It's time to all work together to create our own insurance company. Chief Clarence Louie Osoyoos Indian Band Every First Nation and Indigenous Business in Canada has a need for insurance coverage and millions of dollars are spent annually. We need to collectively own and manage this spend to benefit all communities. It's time to create our own insurance company!" Robert Louie Chairman, Lands Advisory Board About the First Nations Finance Authority (FNFA): The FNFA is a not-for-profit First Nation institution that plays a crucial role in the social and economic development of First Nations across Canada by providing qualifying First Nations with access to the capital markets at competitive rates. Established by the federal First Nations Fiscal Management Act in 2005, FNFA is by First Nations, for First Nations. The FNFA will continue to expand and diversify, looking to strengthen its credit rating and increase the financial benefits to its growing membership. About BFL CANADA: Founded in 1987 by Barry F. Lorenzetti, BFL CANADA is one of the largest employee-owned and operated Risk Management, Insurance Brokerage, and Employee Benefits Consulting services firms in North America. The firm has a team of over 1,100 professionals located in twenty-four cities across the country. BFL CANADA is a founding Partner of Lockton Global LLP, a partnership of independent insurance brokers who provide Risk Management, Insurance and Benefits Consulting services in over 140 countries around the world.

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Spotlight

With the strong finish of the stock market and passage of the Tax Cuts and Jobs Act at the end of 2017, 2018 is shaping up to be an unusual year, and we can expect major changes in the landscape of charitable giving. These factors will undoubtedly affect the baseline projections produced by The Philanthropy Outlook’s forecasting model. The stock market exceeded expectations for growth in 2017 and if this growth continues, would boost charitable contributions in the coming years. At the same time, tax reform has the potential to have a significant dampening effect on giving especially giving by individuals.

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