Trendwatch: Foundations Get Serious About Backing Entrepreneurs and Businesses – Inside Philanthropy

Scholars like Benjamin Friedman have demonstrated that economic growth helps drive any number of positive trends: improved human rights, better health, women’s empowerment, higher education attainment, and on and on.

Historically, though, explicit efforts to foster growth haven’t been all that high on the agenda of a philanthropic world that cares about all the things I just mentioned. In particular, funders haven’t tended to do a lot in the way of supporting entrepreneurs, whose new businesses create many of the new jobs that propel growth. Meanwhile, small business has been on the decline in the U.S. for the last decade, a trend that was greatly accelerated by the Great Recession, with new business creation plunging by 30 percent in the wake of the economic crash.

via Trendwatch: Foundations Get Serious About Backing Entrepreneurs and Businesses – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

Open Up Those ‘Burbs: Philanthropy and the Fight Against Residential Segregation – Inside Philanthropy: Fundraising Intelligence

This week, Housing Secretary Julian Castro announced new rules designed to fight residential segregation. Amid heightened pressure from the NAACP’s Legal Defense and Education Fund and other top civil rights organizations, the Obama administration unveiled requirements that cities and towns analyze their housing patterns for racial bias and publicly report this information. In addition, communities will now need to set goals to further reduce segregation, and these goals will be tracked over time.

Where did all this momentum for change on housing come from? And how can funders capitalize on it?

via Open Up Those ‘Burbs: Philanthropy and the Fight Against Residential Segregation – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

Shut Up About the Clinton Foundation’s Problems for a Minute to Look at Its Programs  – Inside Philanthropy

With all the hype in the media about the Clinton Foundation, we wonder how many Americans actually know what the foundation does—or how many members of the media, for that matter.

Listening to news reports, you’d think the sole purpose of this outfit is to help the Clintons get rich and do favors for their shady friends. And while, to be sure, some of the reports about specific donors have been troubling—and suggest questionable judgment by the Clintons—what’s missing is a broader, more balanced look at how the foundation mobilizes money for good causes and who, in reality, puts up most of that money. (Hint: It’s not dictators looking for favors from the State Department.) While people shouldn’t stop asking hard questions about the foundation, they should pay more attention to its approach and programs.

via Shut Up About the Clinton Foundation’s Problems for a Minute to Look at Its Programs  – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

Child Sexual Abuse: How Foundations and the Paternos are Funding Prevention – Inside Philanthropy: Fundraising Intelligence

Well, here we are again. Another child sexual abuse scandal rocks the nation. Josh Duggar, star of 19 and Counting, sexually abused multiple girls as a teenager. His behavior was reported to the police (his police records are now conveniently destroyed) and the whole thing was kept under wraps in the proud state of Arkansas as the family went on to film a “reality show” touting their ultra-squeaky-clean Christian living.

Key takeaway for youth funders: Invest more in sexual abuse prevention here, there, and everywhere. There are still way too many people involved in ignoring, minimizing, and/or covering up these crimes.

Before Josh Duggar, another recent case prompted national discussion and awareness about child sexual abuse—the trial and conviction of Jerry Sandusky. And that one seems to have spurred an increase in funding that is worth looking at.

via Child Sexual Abuse: How Foundations and the Paternos are Funding Prevention – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

Senator Sheldon Whitehouse: Republican Budget Unfair and Unreal

From the Whitehouse press office:

Washington, DC – Early this morning, the U.S. Senate voted to approve the Republican budget resolution by a vote of 52-46. U.S. Senator Sheldon Whitehouse (D-RI), a member of the Budget Committee, released the statement below regarding the vote:

“I voted against the Republican budget proposal because it calls for severe cuts that would dramatically harm Rhode Islanders while protecting every single tax loophole for the rich and powerful. It would slash Medicaid and food stamps, undermine the promise of Pell Grants for students, and repeal provisions of the Affordable Care Act that have helped over 16 million Americans get affordable health care coverage. And yet it would preserve hundreds of billions of dollars in corporate tax giveaways, like incentives for shipping American jobs overseas and reincorporating in a foreign country, and special breaks for coal, oil, and gas companies. That’s why it has to rely on accounting gimmicks to achieve balance within ten years. It’s simply an unfair and unreal document.”

Whitehouse: Tax the Billionaires and Save Social Security

From the Whitehouse Press Office:
Senators Offering Amendment to Protect Social Security in Budget

Washington, DC – As the Senate continues debating the Republican budget proposal this week, U.S. Senator Sheldon Whitehouse (D-RI) will offer an amendment to guard against potential efforts to cut Social Security benefits. The Democratic amendment would establish as “not in order” any budget proposals that would reduce Social Security benefits, increase the retirement age, or privatize Social Security.

Senator Whitehouse will speak on the Senate floor at approximately 4:00 p.m. to call up this amendment. Please tune in on C-Span 2 or online. The amendment was filed by Senators Ron Wyden (D-OR), Bernie Sanders (I-VT) and Debbie Stabenow (D-MI), in addition to Whitehouse.

“Social Security benefits are a solemn promise that our seniors have earned over a lifetime of work,” said Whitehouse. “Sadly, Republicans have made it their mission for decades to dismantle that promise, attempting to turn it over to Wall Street and cut benefits through misguided ideas like the so-called ‘chained-CPI.’ Our amendment would protect Social Security from these kinds of right-wing attacks and ensure that seniors can continue to count on the benefits they have earned.”

“Social Security is the most successful government program in our nation’s history. Through good times and bad, Social Security has paid out every benefit owed to every eligible American,” Sanders said. “The most effective way to strengthen Social Security for the future is to eliminate the cap on the payroll tax on all income above $250,000 so millionaires and billionaires pay the same share as everyone else.”

The amendment could come up for a vote on the floor as early as this afternoon or tomorrow.

Social Security is projected to remain fully solvent through 2033 and is not driving our current budget deficits. Senator Whitehouse has long argued that it has no place in short-term budget debates, and supports a long-term solution that would make the program solvent for future generations by asking the wealthiest Americans to pay their fair share into the system.

The Funders Who Can Claim Some Credit for the Massive Uptick in ACA Enrollment – Inside Philanthropy

Back in the spring of 2013, when plans for the first enrollment period for ACA were underway, funders were skittish about the public knowing of their support for enrollment efforts, fearing negative backlash from conservative critics. Now, with the White House’s recent announcement that 11.4 million Americans have successfully signed up for Obamacare, funders are more openly acknowledging their support for enrollment efforts.

via The Funders Who Can Claim Some Credit for the Massive Uptick in ACA Enrollment – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.