223:(news) Capitol Riot Fundraising & Good Econ Signals For NGOs

Weekly nonprofit news summary from the best sector. 

 

Positive Economic Indicators Welcome News for Nonprofits

Positive economic predictors should be good news for nonprofits after a challenging year, according to experts. GPD, regional economic indicators, unemployment, government spending, and changes in the stock market are all indicators that might predict the fiscal health of nonprofits. While every nonprofit’s revenue stream and expenses are different, a growing economy might be a macro-level predictor of a less-grueling year for the nonprofit sector. 

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Extremists Raise Funds Through Direct Giving

Increasingly, extremist and hate groups are fundraising through direct giving platforms. With a rise in the popularity of direct giving, extremists, Neo-Nazis, and other hate organizations are raising funds with increasingly minimal surveillance. "It's so predictable, and it's never going away," said Megan Squire, a computer science professor at Elon University. A multitude of platforms, including new ones catering to participants of the January 6th U.S. Capitol riots, create an intractable problem that’s difficult to solve. How platforms respond to the direct exchange of money between bad actors should be on the radar of nonprofits seeking to steer clear of controversy and hate.

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Summary

• Fewer than 50 percent of Americans indicate religion is very important
• Extremist groups using pandemic isolation to lure people of all ages, anti-extremism nonprofit says
• Bank of America boosts commitment to racial equity to $1.25 billion
• Foundation Merger Pushes AI, Data Science For NPOs
• 5 Economic Indicators That (Mostly) Point to a Brighter Year for Nonprofits
• Windfall nabs $21M for AI that aids nonprofit fundraising

Feel Good News

• Saturday Night Live NFT will donate proceeds to Stop AAPI Hate