Altrata’s Post

Are you a woman-owned small business or a non-profit looking for financial support? Check out these exciting funding resources designed specifically for you! What: Various grants offering financial assistance
Who: Women entrepreneurs & community groups
Where: Canada 1. Mastercard x Pier Five Small Business Fund will provide 10 women-owned small businesses with $10,000 CAD each. Apply by 11/3/2024 - https://lnkd.in/eb5u4cC7 2. Zensurance Small Business Grant - To be eligible to win, entrants must complete the application form and be an operational company registered in Canada with annual revenue that does not exceed $1 million — only one entry per business. Funding of $10,000. Apply by 11/8/2024 - https://lnkd.in/gr65pJr4 3. Black Ideas Grant 2.0 (3 opportunities) -  The Foundation for Black Communities takes a community-informed, iterative, and learning-focused approach to the definition of Black-led, Black-focused, and Black-serving. Applicants will be asked to describe how the organization and/or proposed initiative are Black-led, Black-focused, and Black-serving. Be a registered charity, incorporated non-profit or an unincorporated non-profit or group working with an incorporated partner. Unincorporated groups could include Black collaboratives, Student Unions, Affinity Groups, etc. – Apply by 11/8/2024 - https://lnkd.in/gxEYdB7s These funding opportunities are excellent ways to support your business journey. Don’t miss out on these chances to secure financial assistance and help grow your entrepreneurial dreams! Zulfira Pulotova Kate Bazunova Mila H. Emiliia Amzaieva

We're excited to share GIV3’s latest exploratory (qualitative) research among 26 Canadian sector thought leaders about the strategic challenges facing the charity sector in the public domain. The report can be found free here: https://lnkd.in/gtiTcZHk Spoiler — here is the big idea: We need to create a new form of leadership outside of government, with independent funding and guided by a strategic plan for the sector.   What are the big takeaways from the research? The research did not uncover new or different “WHATs” (compared to the Senate Committee Report of 2019). We know most of the issues. Our focus now needs to be on the “HOW”. How are we going to achieve the changes we seek? Emerging sentiments and ideas are redirecting the narrative: There is a growing sense of a looming crisis. We need to act with urgency. There is recognition that the charity sector is fragmented, lacks strategic leadership, and is under-resourced to invest in solutions. The consensus is that past and recent efforts to address sector shortcomings have been mostly ignored. The Senate Committee’s recommendations and the numerous calls for a Home in Government continue to go unheeded. There is interest to consider a leadership solution outside of the political ecosystem (as well as continuing to find a home/champion within the Government). There is also broad support for creating a Strategic Plan for the sector. There is a solution for this, with three related components. It follows a proven approach borrowed from the tire recycling initiative, with practically NO COST to the public purse:  Establish a Sector Fund, built through small, mandatory grants paid annually by each grant-making foundation to provide ongoing funding to support programs and resources to build the sector's capacity, scale and impact. This required grant would qualify as a part of the Disbursement Quota (DQ) and, therefore, not place any extra demands on foundations. Create a legal entity to receive and allocate the Sector Fund. This entity would not replace current sector leaders nor sit on top as the peak organization. It would serve as a unique resource to support sector organizations in building sector capacity. This entity would apply the Sector Fund following a sector strategic plan. What comes next? GIV3 will follow up on this exploratory research and test these new ideas with quantitative surveys, among much larger samples, representing (1) the voices of 75,000+ charities and (2) the voices of adult Canadians (taxpayers). GIV3 is willing to be one agent for change, among other contributors. We will invest in moving these ideas forward and advocating for support in Ottawa. Our target is the 2025 Federal Budget. We invite others to join us. As readers consider the insights provided in the report, we welcome your reactions and input. Let’s continue this narrative and be brave enough to innovate. 

Why help us fund the new ArleneAnn Housing Initiative? One key reason - As a Black-led organization, our fundraising model must include our beloved community to include family members, dear friends and our trusted network of business professionals across sectors. According to the State of Black Nonprofits Report 2024 created by Giving Gap: “In 2019, white-led organizations’ revenue and net assets were, on average, 76% and 24% larger than their Black-led counterparts respectively. Among organizations focused on improving the outcomes of Black boys, for example, those led by white leaders received 45% more funding and held 91% greater unrestricted assets than their similar Black-led counterparts.” Houston, we have a problem. And in spite of this challenge, I still remain inspired to lead and design sustainable solutions to address systemic issues facing our community. Like ArleneAnn House - which is a collaboration between our organization and A Diamond In The Ruff. Together, we vow to share our networks, intelligence, sweat equity and passion in bringing this vision to reality. Join us on 8/14.

Below is a letter from Whitney Tilson who is running for Mayor of NYC. If you live in NYC and feel like contributing, read the following letter. ------- From Whitney: ------- As you may know, I recently announced that I’m running for mayor to turn around our city, which is headed in the wrong direction (here are links to the launch article in the NY Post and my website). My campaign – a 24/7 sprint to the June 24 primary, which will almost certainly determine the winner – is off to an incredible start. The Kalshi betting site already has me as high as #3 most likely to be the nominee, I’m putting together a phenomenal team, and New Yorkers are getting more and more angry about rising rents and crime, among other things, which gives me a real shot at winning. Voters here (like just about everywhere) want change, and as the only businessperson and non-career politician in the Democratic primary, I am the clear change candidate. I’m committed to growing NYC’s economy by 50% in the next decade, cutting violent crime in halfin my first term, addressing sky-high housing costs, operating our bloated city government more efficiently and effectively, and improving our public schools. But to win, I need your help – FAST. The next financial filing deadline for all candidates (and my first since I entered the race) is on January 11, only 10 days from today, so I’m scrambling like I’ve never scrambled before – and that’s saying something!   If I can report a big number, it will propel me into the top few contenders – with all of the resulting media attention, invitations to speak to community groups, etc. – and, ultimately, to victory. Can I ask you to donate what you can and, more importantly, reach out to your NYC friends (all donations from city residents up to $250 are matched 8:1, so $50 turns into $450, $100 into $900 and $250 into $2,250)? The link is: https://lnkd.in/eUDqJ328 Thank you!   Best regards,   Whitney (646) 258-0687   PS – Please come (and invite friends) to one my campaign events from January 3-10 (in particular, note the one hosted by Scott Galloway on Jan. 8): Jan. 3, 5 p.m., E. 16th St. RSVP here. Jan. 6, 5 p.m., 135 Prospect Park West, Brooklyn. RSVP here. Jan. 7, 5 p.m., hosted by Jim and Ken Giddon, owners of Rothman’s men’s clothing store, 222 Park Avenue South. RSVP here. Jan. 8, 7:30 p.m., hosted by Scott Galloway, 106 CPS. RSVP here. Jan. 9 at 7 p.m. at 106 Central Park South: a discussion of education reform, social entrepreneurship and improving the business and investment environment in New York City. RSVP here. Jan. 10, 7 p.m., 78 Franklin St. RSVP here. There is also a Zoom call at 1:30 p.m. on Monday, Jan. 6. RSVP here. In addition to these events, if you can pull together any group of a dozen or more folks, I’d be happy to meet them anywhere, anytime, in person or on Zoom…

In the world of business leadership, few qualities are more respected and cherished than the power of philanthropy. The recent statistics showcasing global billionaires who have dedicated immense portions of their wealth to charitable causes is an inspiring testament to how individuals can make a monumental difference in society. Observing visionary leaders like Jamsetji Tata and Azim Premji among the top philanthropists fills me with pride and hope. Their commitments reflect a profound understanding that wealth is not just a privilege but a responsibility. As professionals, how we choose to lead—with integrity, empathy, and purpose—can transform communities and inspire generations. Let us look up to these leaders and endeavour to find ways in our capacities to make impactful contributions, blazing a path toward a more equitable world.

Why Billionaires Don't Give (1); Trust in #Nonprofits & #Philanthropy (2); #Terrorist Bill in #Congress (3); IRA Cash (40 + #Downside of #Transactional #Fundraising (5): https://ow.ly/N34J50Ukok3 https://ow.ly/ibG950Ukok4 https://ow.ly/aBvq50Ukok0 https://ow.ly/kYjX50Ukok2 https://ow.ly/4C1o50Ukok1

From the National Council of Nonprofits: "After his January 20th inauguration, President Trump signed dozens of Executive Orders (EOs) covering a broad range of issues, including diversity, equity, and inclusion programs; government grants and contracts; civic engagement; immigration; and certain nonprofit subsectors. Some of the EOs won’t take effect immediately, and many are expected to be immediately challenged in court. This chart outlines some of the EOs that may affect nonprofits directly or indirectly." https://lnkd.in/gXrv-VwD

The recent anti-DEI lawsuits harm the philanthropic and nonprofit community development sector as well as the emerging small businesses that rely on them for start-up capital. SBAN is a network intentionally designed to support organizations like the Fearless Fund that was recently sued, an Atlanta-based nonprofit that awards grants to business ventures by Black women. A spring article from Nonprofit Quarterly considers how these "test case" lawsuits are part of a larger effort to challenge any consideration of race in institutional practices, warns against expensive litigation costs and public access to sensitive information, and encourages organizations to begin conducting internal risk assessments to understand vulnerabilities, or re-characterize how they label their work while continuing to support BIPOC businesses. Still, the Brookings Institution's recent panel (that featured legal counsel for the Fearless Fund, Alphonso David) reassured investors that investing in Black or Brown businesses will hold up in court. Next City's senior economic justice correspondent Oscar Abello published a summary of the panel event, concluding, "But David insisted that the work of investing in Black or Brown businesses remains legal — and very much in line with American ideals of democracy and free enterprise." -------- 🎤 Watch the Brookings panel recording of "Supporting Black-owned Businesses to Drive Economic Development," if you missed it on June 21: https://lnkd.in/eaPiS6UK 📑 Read the full Nonprofit Quarterly article here: https://lnkd.in/ew4xjaDq

https://lnkd.in/eDY434rk "Over 500 private, nonprofit four-year institutions have closed in the last 10 years, according to the State Higher Education Executive Officers Association. That is three times what it was in the decade prior. Rachel Burns, a senior policy analyst at SHEEO, estimates at least 1.25 million students were affected by these closures. (Many more for-profit institutions have closed in this period as well.)" #highereducation #highered #heconsolidation #higheredconsolidation #universitymergers #collegemergers #universityclosures #collegeclosures

As DEI policies come under legal attack, philanthropic donors consider how to adapt LINK: https://lnkd.in/emy76ff7 Hashtags: #USDefense #Government #Contracts #Awards Link: https://lnkd.in/ep9cgX_Q