New Report Outlines How Philanthropy is Responding to 2020 Crises
Research finds in majority of respondents plan to increase giving beyond 2020
- Philanthropy California
- Council on Foundations
The public health, racial justice, and economic crises of 2020 have affected millions of Americans and laid bare the glaring inequities in our systems and institutions.
A new report from Council on Foundations, Philanthropy California, and Dalberg Advisors outlines how the US philanthropic sector is responding to the 2020 crises — and the opportunities to shift practices and share power to enable communities and the industry to #BuildBackBetter.
We surveyed 250 foundation leaders and conducted more than a dozen in-depth interviews to assess how the sector is changing in three ways: resourcing, priorities, and internal operations. Across all three, we found shifts in practices yet few examples of increases in power sharing.
We found some significant shifts in practices including:
- Resources – 60% of respondents have or plan to increase giving beyond 2020 planned levels with an average increase of 17%;
- Priorities – an average of 26% of 2020 giving is now expected to go towards Covid-19 response and recovery, with a focus on programs to support communities; and
- Internal operations – 85% of respondents are making changes to grantmaking practices to support existing grantees, including loosening restrictions and reducing reporting requirements.
Report released, Thursday, September 17, 2020