Foundations’ openness about effectiveness seen lagging
Foundations are most open about their grantmaking processes, and their goals and strategies, but they share little if any information on their successes and failures, a new report says.
Foundations see grantees and potential grantees as the main audiences of their efforts to be transparent, says “Sharing What Matters: Foundation Transparency” from the Center for Effective Philanthropy.
Nearly three-fourths of 145 foundation CEOs surveyed say they believe being transparent about the foundation’s goals could significantly increase the foundation’s ability to be effective, and 89 percent of foundation websites publish their programmatic goals, says the report, which also is based on surveys of over 15,000 grantees and a review of over 70 foundation websites.
Foundations are less transparent about performance assessment and lessons learned, even though they believe transparency would be beneficial, the report says.
Sixty-nine percent of foundation CEOs say being transparent about what has worked could mean a significant increase in their work, yet only 46 percent say their foundations are very or extremely transparent about their effectiveness.
Grantees rate foundations’ level of transparency lowest on sharing information about what has now worked in their grantmaking.
Donor demand for data on impact hurts fundraising, survey finds
Nonprofits are finding it tough to raise money in the face of growing expectations by donors for data showing the social return on their investments, a new survey says
Forty-seven percent of 114 leaders and executives of nonprofits with annual budgets between $10 million and $200 million surveyed by accounting firm Marks Paneth for its Nonprofit Pulse national survey say it is challenging or extremely challenging to raise funds in a marketplace with higher expectations from donors that they measure their impact.
And 68 percent say their organizations over the next three years will change their approach to measuring their social impact to meet donors’ expectations.
Fifty-three percent of leasers say it is possible to report definitive results of social return on investment within a year of a donor’s investment, and only four percent says it is unreasonable to report and show impact.
Nineteen percent say their donor base allows a portion of their gifts to be used to cover the cost of measuring outcomes.
Latinos in North Carolina face housing hurdles, study says
Latinos are the fastest-growing part of North Carolina’s population and a big potential market for housing, but they face obstacles in renting and owning apartments and homes, a new study says.
Fifty-seven percent of Latinos rent, compared to 33 percent of all North Carolina household, while half of all Latino renters and 37 percent of Latino homeowners spend over 30 percent of their income on housing, says “The State of Latino Housing in 2015” from the University of North Carolina at Chapel Hill.
With half the Latino population younger than age 25, compared to the state’s aging native-born population, younger Latino’s increasingly will play a major social and economic role in the state, says the study, which was commissioned by the Latino Community Credit Union and the Latino Community Development Center.
“It is clear from this study that all of us working in the housing sector need to find ways to expand affordable housing options, both single-family homes and rentals, do a better job of educating and connecting Latinos with information and resources, and train industry players how they can better tap and serve this market,” Luis Pastor, CEO of the Latino Community Credit Union, says in a statement.
Rents and security deposits are especially high for larger Latino families that need larger units, the study says.
And in a recession, it says, Latinos’ mortgage applications decline more sharply, and the rate at which their requests for home loans are denied are greater, compared to North Carolina households overall.
Latino applications for site-built homes fell 68 percent in 2011-13, compared to 52 percent for all households, while denial rates for Latino home loan applications were 19 percent, compared to 14 percent for North Carolina households overall, the study says.
Latinos households also rely more on subprime, Federal Housing Administration and Veterans Administration loans than the market overall, it says.
Latinos lack knowledge about their rights to home-buying, ways to build and repair credit, and ways to acquire a mortgage loan, the study says.
It recommends that housing and community advocates work together to provide better information to Latinos, correct misperceptions, and address barriers.
Policy changes, such as expanding the federal Low Income Housing Tax Credit and fully funding the National Housing Trust Fund, could increase the supply of affordable housing, while more funding for the Housing Voucher Choice Program would enable more Latinos to afford quality rental housing, the study says.
Industries for the Blind gets $150,000, buys two buses for kids
Miracles In Sight, an eye bank in Winston-Salem, has given $150,000 to Winston-Salem Industries for the Blind, which used the funding to buy two buses to transport nearly 100 children in kindergarten through 12 grade to Tracy’s Little Red Schoolhouse, an after-school and summer-camp program it opened in 2012
Bailey’s Fine Jewelry donates $62,700
Bailey’s Fine Jewelry in Raleigh donated over $62,700 to local charities in 2015 through raising the most funds since the Bailey family create its A Time to Give program in 2008 and bringing to over $294,000 that total donated through the program.
The program provides customers with a complimentary watch battery replacement and in exchange requests a donation be made to that month’s designated charity. Each month Bailey’s selects a different nonprofit in Raleigh, Rocky Mount and Greenville — where its stores are located — to receive the donations
Atkins Community Development Corp. gets $30,000
S.G. Atkins Community Development Corporation has been awarded a $30,000 grant by the Z. Smith Reynolds Foundation to support its work boostings communities near Winston-Salem State University.
The group focuses mainly on housing; community-based initiatives such as a community garden; and The Enterprise Center, a business incubator and community education center.
It has invested $5 million in a 40,000 square-foot building to serve as a hub of community activity; provided $200,000 in micro-loans to businesses owned by minorities and women; and harvested over 3,000 pounds of organic fruits and vegetables from its community garden.
Beginning Teacher Network launched in Charlotte
The Public School Forum of North Carolina has kicked off its Beginning Teacher Network in Mecklenburg County with a $25,000 grant from The Belk Foundation in Charlotte, expanding the program in Wake, Mecklenburg and Union counties.
Masquerade ball to benefit Sanctuary House
A masquerade ball to benefit Sanctuary House in Greensboro will be held March 19 at Greensboro County Club.
Emcee for the event will be Julie Luck of WFMY News 2.
Red Kettle luncheon to benefit Salvation Army
The Salvation Army Women’s Auxiliary will host the Red Kettle Luncheon on March 15 at the High Point Country Club at Emerywood.
At the luncheon, The Salvation Army will present the inaugural Darrell and Stella Harris Champion of Hope award to a local organization.
Care Ring to benefit from golf event
Care Ring in Charlotte will benefit from Golfing Fore a Healthy Charlotte on March 28 at Providence Country Club.
United Way, BB&T offer tax prep
United Way of Greater Greensboro has teamed up with BB&T Bank to host its third annual Family Economic Success Day on March 11, offering free income-tax preparation and filing by IRS-certified volunteer income tax preparers, as well as information and education on financial topics.
BB&T will provide free credit reports to those who qualify for tax preparation, and Consumer Credit Counseling Service of Greater Greensboro will give free individual review sessions to discuss those credit reports.
Free tax preparation is available to those whose households earned $54,000 or less in 2015.
The BB&T Bus will be parked at United Way at 1500 Yanceyville St., and will serve as a Volunteer Income Tax Assistance site for the day.
Appointments are preferred. Call 336.333.6981.
Women’s Impact Network to support environmental group
The Women’s Impact Network, a Wilmington women’s philanthropy group, will award its 2016 annual grant, totaling about $30,000, to a New Hanover County environmental nonprofit.
Over the last four years, the Network has awarded over $100,000 to nonprofits in New Hanover County in the areas of education and the arts.
The group’s grants committee will mail letters of intent to interested nonprofits in mid-March, with responses due April 30. Grant applications will be available to semi-finalists July 1, with applications will be due July 30.
The Network is part of the North Carolina Community Foundation.
Cumberland Community Foundation has budgeted $658,000 for college scholarships in the 2016-17 college year . April 5 is the deadline for submitting applications for most of the scholarships, which will range from $500 to $10,000.
SAVE to hold Summit in Raleigh
The National Association of Students Against Violence Everywhere will hold its Summit on March 12 in Raleigh.
North Carolina MG Walk set for April 30
The 5th annual North Carolina MG Walk will be held April 30 at Lake Lynn Park in Raleigh.
Myasthenia gravis is a chronic autoimmune disease in which antibodies attack and destroy neuromuscular connections, causing muscle weakness. Some treatments are available but there is currently is no cure for MG.