Ford Foundation uses "social justice megaphone" for arts | Gates Foundation backs nonprofit coronavirus relief fund | Day One Fund picks location for its first free preschool
September 24, 2020
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Nonprofit Headlines
Ford Foundation uses "social justice megaphone" for arts
Ballet Hispanico (Rick Diamond/Getty Images)
The Ford Foundation is starting its $160 million America's Cultural Treasures initiative by giving grants to 20 arts organizations with leaders of color. "This is a social justice megaphone," says Eduardo Vilaro, artistic director of Ballet Hispanico, one of the recipients.
Full Story: The Washington Post (tiered subscription model) (9/24) 
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The Bill & Melinda Gates Foundation has awarded the United Philanthropy Forum a $9.1 million grant in support of the Momentum Fund, an initiative offering coronavirus relief grants for nonprofits and direct support to organizations serving communities that have primarily residents of color. The Gates Foundation recognizes many nonprofits have seen an influx in coronavirus relief contributions and wants to help them distribute support as effectively as possible, says executive Victoria Vrana.
Full Story: Barron's (free content) (9/23) 
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The Bezos Academy and the Day 1 Academies Fund, an initiative of Amazon CEO Jeff Bezos' Day One Fund, have selected Des Moines, Wash., as the home of the first of a network of free "Montessori-inspired" preschools. The Day 1 Academies Fund is one of the $2 billion Day One Fund's initial commitments, and Bezos plans to develop more free preschools in low-income areas.
Full Story: CNBC (9/22) 
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Insurance Coverage & The Pandemic
You should be making changes to your coverage during these challenging times. Learn about policy credits, claims and documentation that can help your organization stay protected and maximize your insurance coverage. Download our FREE eBook on insurance coverage during COVID-19
Boards in Action
Oakland Family Services in Pontiac, Mich., will use a $1.2 million grant to identify opportunities for growth, potentially scaling its reach beyond the 40,000 people it serves annually. "This funding allows us to do the creative planning work necessary to increase the scale of our work to reach even more people, while leveraging successful programs and critical funding already in place," says President and CEO Jaimie Clayton.
Full Story: The Oakland Press (Troy, Mich.) (tiered subscription model) (9/23) 
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Strategic Leadership
Influential leaders rely less on their authority and more on learning what drives their employees, which is especially important when managing remotely, writes Scott Eblin. "Leave time in your online life to check in with and get to know your colleagues better on a personal basis," he writes.
Full Story: Eblin Group (9/22) 
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Sector Analysis and Impact
Many nonprofits in Arizona lack access to disinfectant wipes, antiseptic spray and other personal protective equipment, according to an Alliance of Arizona Nonprofits survey of 360 organizations. "It is vital that we, as citizens of Arizona and residents of those communities, support them either through donations of money or, if possible, the PPE many of them so desperately need," says CEO Kristen Merrifield.
Full Story: Forbes (9/22) 
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Nonprofit Leaders in the News
The Turn 2 Foundation, a nonprofit started by former professional baseball player Derek Jeter, helps students develop leadership skills, feel supported and make healthy choices. The nonprofit's work supporting kids and helping them remain healthy was especially important this year, says President Sharlee Jeter.
Full Story: WWMT-TV (Kalamazoo, Mich.) (9/22) 
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BoardSource News and Notes
Nonprofit Financial Terms Glossary
One of the essential responsibilities of nonprofit board members is understanding and overseeing their organization's finances. This glossary provides a comprehensive list of terms with which every board member should be familiar. Read more.
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Victor Hugo,
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