Industry trends increasingly are blurring the lines between philanthropy and business. As government funding to address issues such as food insecurity, homelessness and poverty continues to shrink, requests to funders are increasing as the nonprofit sector seeks to fill those service gaps. The result from this growing trend is perhaps most visible in philanthropic support of economic development efforts, often through significant investments.
GRAND RAPIDS — If people of color continue to be underrepresented in Michigan’s philanthropic and nonprofit sector, industry leaders fear the funding, programs and services they provide might fail to reach people who most need it.
Philanthropists in Grand Rapids and Kalamazoo give to improve their respective communities, but they go about it in vastly different ways.
With the Affordable Care Act on the chopping block for President-elect Trump’s administration, Kyle Caldwell fears the “tremendous amount of investment by nonprofits and foundations into our health care system” could be all for naught in 2017 unless lawmakers find a suitable replacement. Similarly, “there will be challenges to both foundations and nonprofits as the administration looks to … find efficiencies in government spending, and cuts to services to make way for tax cuts,” he said. On both the state and federal level, lawmakers’ decisions in 2017 have the opportunity to greatly impact nonprofits through bills like SB 960, which clarifies property tax policies.
GRAND RAPIDS — The growth of foundations and an unprecedented transfer of wealth are among trends the nonprofit sector will need to watch in the coming year.
The Dorothy A. Johnson Center for Philanthropy at Grand Valley State University has put out a call for more responses to its 2016 VoiceGR survey.
Volunteers are becoming more valuable every year as fewer people offer their time and a growing share of the workforce brings otherwise costly skillsets to the nonprofits they serve.