Three top groups working for philanthropic reform are hosting two national town halls that could save our charities and move many more charitable dollars back to local communities.
CalNonprofits, Community Centric Fundraising Network, and Charity Initiative of the Institute for Policy Studies are co-hosting the online events, which are open to the public.
The pandemic has pushed the need for services from the nonprofit sector to heights not seen since the Great Depression. At the same time, city and state budgets are not able to keep up, and federal aid did not go far enough in supporting either charities or cities and states.
All the while, billionaires have seen their wealth increase by $800 billion during the pandemic as the stock market is back up at record highs. Wealthy investors are winning, while millions are unemployed, and hundreds of thousands have died of COVID-19.
Meanwhile, some $1.2 trillion in wealth is warehoused in private foundations and donor-advised funds.
Learn why and what we can do to stop it by attending one or both sessions detailed below: