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Subject: Harlem Nonprofit Helps Kids Transcend Racism, Poverty, and Now Covid

Nonprofit News From Elsewhere

Philanthropy is particularly well-suited to fund the search for a coronavirus vaccine. This type of research requires huge investments that typically take a long time — sometimes decades — to pay off and, unlike their counterparts in industry and government, deep-pocketed donors need not worry about shareholders or politics. The wealthiest foundations can also withstand the failures that are inevitable in research and trials and can require grantees to make the finished product widely accessible and affordable, as the Bill & Melinda Gates Foundation has done. (Financial Times)

Plus: Bill Gates Is the Most Interesting Man in the World (New York Times)

Though they have become a lifeline for many during the pandemic, food-bank directors say their organizations are no match for the federal anti-hunger program SNAP. The government will pour billions of dollars into supplying food banks with produce from farmers who have lost their usual markets, but activists say the most effective approach is simply to give people money to buy groceries. One economist called the politically contested SNAP “far and away the most important component of our social safety net against hunger in our country.” (NPR)

More About Federal Aid and the Pandemic

Senators Seek DOJ Probe of Planned Parenthood Stimulus Loans (Bloomberg)

Wealthiest Hospitals Got Billions in Bailout for Struggling Health Providers (New York Times)

The Nonprofit Response to the Crisis

Charitable Runs and Walks Learn to Adapt to Crowd Limits (Associated Press)

Covid-19 Could Mean the End of Small Charities (Bloomberg)

‘Something’s Going to Snap’: Nonprofits Face Falling Revenue and Increased Demand (Yahoo Finance)

How Nonprofits Are Returning to a New Normal

U.S. Museums Are Reopening: To See Monet, Don a Mask (New York Times)

The Museum of Fine Arts, Houston, Is the First Major Art Institution in the US to Reopen. Here’s How They’re Making It Work (artnet news)

The Fall of Autumn: Live-Performance Producers Are Giving Up on 2020 (New York Times)

Donors and the Pandemic

Oprah Winfrey Gives $12 Million to Cities She’s Called ‘Home’ Amid Coronavirus Crisis (New York Daily News)

Chicago’s Biggest Foundations Team Up to Ease Covid Fallout (Crain’s Chicago Business — subscription)

Philanthropy and Journalism

Business Leaders and Philanthropists Hope to Buy the Baltimore Sun and Run It as Local Nonprofit (Baltimore Sun)

In Memphis, Journalism Can Still Bring Justice (Opinion: New York Times)

What Everyone Else Is Reading

Use Remote Time Well: How to Clean Up a Messy Donor Database

Join Our Next Webinar ― Now that the pandemic has changed nonprofit priorities, many groups are deploying employees to do tasks that stagnated on the to-do list. Among the most common efforts now under way: cleaning up outdated and incomplete donor records.

Hear from our experts on Thursday, June 11 at 2 p.m. Eastern to learn practical tips to apply right away to capitalize on donors’ attention and motivation to give during this crisis.

Register today for a special 40% discount off the regular price.