Hi everyone. We are rapidly approaching the summer, which means it’s time for the annual Party to Enhance Equity in Philanthropy (PEEP), a series of events across the sector where funders and nonprofit folks get together, virtually or in-person (ideally outdoors), to break down the weird power dynamics we have, and just learn to see one another as human beings. It should be fun and informal, and usually taking place on the week of Summer Solstice (June 21st this year). If you are planning to host an event, please fill out this form by June 10th so I can help spread the word.
While we are on the topic of the relationship between funders and nonprofit leaders, we need to talk about inflation, how it’s been affecting nonprofits, and what we need from funders. It’s really bad, the highest inflation rate in 40 years, and will likely stay bad or even get worse for a while. There are people more knowledgeable than I am who have written about this topic. This article (“Nonprofits and Foundations Need to Be Prepared for the Effects of Inflation on Services, Operations, and Endowments”), brings up several good points:
Continue reading “Inflation is killing nonprofits. Funders, you need to supplement your grants immediately.”