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Showing posts with the label PHILANTHROPY_AND_NONPROFITS

Foundations are using so many confusing words that few people can figure out what they’re doing

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The United States has the largest philanthropic sector in the world. Foundations and similar grantmakers have US$1.5 trillion in assets and disburse more than $100 billion annually to everything from hospitals and museums to making communities more walkable and improving care at the end of life. Many foundations task in-house and outside communications experts with helping the public learn about their grantmaking and its impact. And yet polling indicates that few people know what foundations do or how philanthropy affects their lives. We are communications scholars who research ways that organizations seeking to bring about social cha...... Read Full article on HadNews

Saving the news media means moving beyond the benevolence of billionaires

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For the journalism industry, 2024 is off to a brutal start. Most spectacularly, the Los Angeles Times recently slashed more than 20% of its newsroom. Though trouble had long been brewing, the layoffs were particularly disheartening because many employees and readers hoped the Times’ billionaire owner, Patrick Soon-Shiong, would stay the course in good times and bad – that he would be a steward less interested in turning a profit and more concerned with ensuring the storied publication could serve the public. According to the LA Times, Soon-Shiong explained that the cuts were necessary because the paper “could no longer lose $30 mil...... Read Full article on HadNews