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Here's a thread to keep track of some of the action emerging among foundations I'm following. Not a comprehensive list, just a place for me to track my coverage....1/n
On March 17th (seems like a long time ago) @MJTPhilanthropy and I tracked some of the initial response from large foundations and a community foundation that had a ready-made response plan - for a mass shooting - that it put in place for the pandemic https://www.philanthropy.com/article/Grant-Maker-Responses-for/248257
A preliminary take on corporate giving from @CECPtweets suggested that many companies were responding. In the great recession businesses pulled back, but giving recovered more quickly than private foundation grants https://www.philanthropy.com/article/Companies-Change-Giving-and/248279
A report from the National Commission on Public and Military Service called for a huge federal investment in volunteers/public service/civic education. Philanthropy has stepped in, to some extent, to fund civics over the past decade as the feds pulled back https://www.philanthropy.com/article/Report-Recommends-Huge-Boost/248365
During downturns, foundation giving drops. Foundations wrestle with a desire to guard their endowments with a pressing need to shuttle money to grantees. This will be a recurring theme... https://www.philanthropy.com/article/Foundations-Face-Calls-to-Give/248355
The @FordFoundation @skillmanfound foundations and @COF_ pushed funders pledge to provide more general operating support to NPs and cut red tape...in doing so,they took a page from @TrustBasedPhil . the question is whether these changes survive the crisis https://www.philanthropy.com/article/Top-Foundations-Unite-to-Give/248285
The pledge had incredible momentum with > 300 foundations signing w/in a week. Grant makers took other procedural steps to rush money out. Question is how common these changes were throughout the field? https://www.philanthropy.com/article/Foundations-Adopt-Policies-to/248396
several smaller foundations and charities, like @mrgfoundation @NorthStarFund @mrbf_org culled from endowments or reserves to get money out. Meanwhile, larger foundations like @Hewlett_Found and @IrvineFdn sought to maintain funding by budgeting wisely https://www.philanthropy.com/article/Grant-Maker-Dilemma-Spend/248399
A coalition of philanthropy groups like @BeHIPGive @GEOfunders @IndSector and others called upon foundations to give even more to nonprofits---the crisis is too severe, they said, to be overly concerned about the shape of endowments. https://www.philanthropy.com/article/9-Leading-Nonprofit-Groups/248408
