Glenn Gamboa
FILE - Melinda Gates attends a meeting at the G-7 Finance in Chantilly, north of Paris, on Thursday, July 18, 2019. Philanthropy is in a unique position to speed global change, but government action is necessary to implement it, Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, said Wednesday, March 17, 2021. (AP Photo/Michel Euler, file) March 17, 2021 - 12:52 PM
NEW YORK - Philanthropy is in a unique position to speed global change, but government action is necessary to implement it, Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, said Wednesday.
âPhilanthropy can often take risks,â said Gates, speaking at the Bloomberg Equality Summit. âThey can try innovations that sometimes work and sometimes fail. They can look for new solutions. They can help us collect the data. But ultimately, itâs always up to government to scale up these innovations to create a change.â
Powell on the clock on inflation
politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.
Pandemic puts 1 in 3 nonprofits in financial jeopardy - Medicine Hat NewsMedicine Hat News
medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.
Glenn Gamboa
Staff Sgt. Mike Schuster loads two produce boxes into a car at a food bank distribution by the Greater Cleveland Food Bank, Thursday, Jan. 7, 2021, in Cleveland. (AP Photo/Tony Dejak) March 03, 2021 - 12:01 PM
NEW YORK - More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic, according to a study being released Wednesday by the philanthropy research group Candid and the Center for Disaster Philanthropy.
The study s findings underscore the perils for nonprofits and charities whose financial needs have escalated over the past year, well in excess of the donations that most have received from individuals and foundations. The researchers analyzed how roughly 300,000 nonprofits would fare under 20 scenarios of varying severity. The worst-case scenario led to the closings of 38% of the nonprofits. Even the scenarios seen as more realistic resulted in closu