Nonprofit Tweets of the Week.
Notable Events of the Week:
- “The U.S. economy grew at an annual rate of 2.6 percent in the third quarter, marking its first increase in 2022 and a sharp turnaround after six months of contraction — despite lingering fears that the country is at risk of a recession.” Washington Post
- “When China’s leader, Xi Jinping, led six dark-suited men onto a bright red stage on Sunday, the scale of his victory became clear as one by one he introduced the country’s new ruling inner circle. Each was an acolyte of Mr. Xi, making his grip over China’s future tighter than ever.” NY Times
- “U.S. Officials Had a Secret Oil Deal With the Saudis. Or So They Thought. After Saudi leaders pushed to slash oil production despite a visit by President Biden, American officials have been left fuming that they were duped.” NY Times
Top 10 Nonprofit Tweets:
- Independent Sector: A special thank you & shared #IndSector gratitude 💖for @DanCardinali, as he shares his final reflections from his seat as President & CEO of Independent Sector. Read Dan’s blog on his reflections on civil society’s transformations
- Noah Buhayar: More evidence of the surging use of DAFs by private foundations from a new audit by California regulators: Wealthy Use Loophole to Reap Tax Breaks — And Delay Giving Away Money @AGRobBonta tells me this “defeats the transparency and distribution requirements imposed on these foundations.” [Ed. It’s important for charitable nonprofits to understand these issues even if they do not themselves sponsor donor advised funds. DAFs are used in different ways, some of which may fairly be considered abusive and some of which increase funding to charities actively engaged in charitable activities. Policy influencers and makers need to think about how solutions will impact both of these considerations with note that regulations are long, long overdue.]
- Gene: Donor Advised Funds: An Overview – CA Office of the Attorney General | Note that little context re: DAF issues is given in this document, which was intended to publish & summarize the important data – keep your eye on analyses from others
- Grace Chiang Nicolette: “How then do funders move from merely embracing a racial equity lens in their philanthropy to truly giving in ways that will help create an equitable society?” Imagine if Philanthropy Got Serious About Ending Structural Racism https://cep.org/imagine-if-philanthropy-got-serious-about-ending-structural-racism/
- Nonprofit Quarterly: To win a robust democracy that works for everyone, our movements must build Black political power by centering Black people’s experiences, needs, and solutions: https://bit.ly/3DCYGwW @aliciagarza @blackfutureslab #racialjustice
- For Purpose Law Group: Important New Law Resource for Philanthropy
- Karl Mill: Just finished a great presentation on risk-spotting for fiscal sponsors. Posting the materials here Thanks to Ehsan (of MLC) and Jinna (of @AdlerColvinSF) for joining!
- Stacy Palmer: The column I hoped I would never have to write – but one full of warm memories of Pablo Eisenberg, a beloved mentor and social justice leader Philanthropy Watchdog and Social-Justice Advocate Pablo Eisenberg Dies at 90: a Tribute from the Chronicle’s Editor [Ed. May require registration to view.]
- Jed Emerson: Ask a Scientist: What’s Up With the Attack on ESG Investing? ( http://twitthat.com/E6wL2 )
- Gene: Nikkei Community & Business Excellence Lifetime Achievement Awardee Suki Takagi | So proud of my mom for many, many things and happy to see her get recognition, including from British Columbia Premier John Horgan in his remarks at the event.
Racial Equity and Justice:
What a Racist Slur Does to the Body (Clint Smith, The Atlantic)
What Lies Beyond the L.A. City Council Debacle (Conor Friedersdorf, The Atlantic)
There are nearly 200 missing Native Americans from New Mexico and the Navajo Nation. The FBI is working to tackle unsolved cases (Josh Campbell, Jason Kravarik, and Nicquel Terry Ellis, CNN)
A Tribute to Black Artists Could Signal a Change for Museums (Claudia Dreifus, NY Times)
Uncovering the Asian American Old West (Mia Warren, Yes!)
If there are any attorneys or law students who identify as Black, Native Americans, or Pacific Islanders who are interested in nonprofit corporate and tax-exemption laws and who’d like to pursue this area of practice, I’m committing one hour each week to being a resource. Please contact me if I can be of service. 🙏
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