Taking a bold stand at the Weissberg Foundation. Election week plans. Trending on CONNECT. Weekly reads.

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** INSIGHT
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** Taking a Bold Stand at the Weissberg Foundation
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In our new edition of the Journal, PEAK's Satonya Fair spoke with Weissberg ED Hanh Le about how the Foundation is operationalizing its re-commitment to racial equity and justice – exploring the details of their reframed approach, the trust-based practices they’ve put in place, and the advocacy work they do with other funders.
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** A note from the PEAK team
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Presidential elections are always critical and, this year, the pandemic has us rethinking the time and energy needed to make space for participation – whether to vote by mail, early, or in person on November 3.

So, please allow us some grace this coming week as we do our part to support a vibrant democracy. We'll also be closed on November 4 for a “Wellness Wednesday/Reset.” We will be offline, but promise to pick right back up on November 5.

Be safe. Vote. Be the change.
Kate DeCiccio for amplifier.org

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** Weekly Reads
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"New Attitudes, Old Practices: The Provision of Multiyear General Operating Support examines the state of practice in philanthropy regarding multiyear GOS. Findings of this study reveal a sobering disconnect between attitudes of foundation leaders and the experience of nonprofits, as well as a similar disconnect between the attitudes of foundation CEOs themselves and their foundations’ practices." [more] ([link removed])
– Center for Effective Philanthropy

“The explanation for why multiyear GOS is not being more widely provided seems to be that it simply isn’t seen to fit with a foundation’s approach, hasn’t been prioritized, or, for a subset of community foundations, isn’t seen as possible given constraints. In sum, the clearest reason that came through in the data is that foundations are not interested in changing their ways.” [more] ([link removed])
– Ellie Buteau, Center for Effective Philanthropy

Independent Sector’s report, Health of the U.S. Nonprofit Sector, found that “more than four in five nonprofits anticipate their revenue will be lower in 2020 than what they projected [... and] that 8 percent of the sector's jobs, or nearly a million positions, have been lost during the pandemic...”. [more] ([link removed])
– Independent Sector, on PND by Candid

“It is time for the sector to re-evaluate foundation perpetuity. What good is being accomplished now by the $900 billion and more that is invested each year in the private market instead of being put to charitable use? How can individual people, communities and a country that is facing down potentially existential threats accept the possibility for more grant funding in 10 years instead of the certainty of support now?” [more] ([link removed])
– Ryan Schlegel, National Committee for Responsive Philanthropy, in Inside Philanthropy

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