Looking for the latest sector news? Catch up on what’s happening across the world of funding, philanthropy, and research with the latest updates from Team SG’s busy research team.
Latest sector news
To reframe overhead, collective action is required
A common topic among not-for-profits and charities all across the world is the narrative around overheads. This research found that, 94% of fundraisers agree there is a problem with how Not-For-Profits represent and/or are funded for their overhead costs.
Read more: https://reframeoverhead.org
Why Isn’t No-Strings Funding More Common?
Following on from the theme of reframing overheads, comes this article by the Stanford Social Innovation review. The final paragraph in this article says it all “So what are funders waiting for? The challenges and problems are clear, and the people and organizations closest to them have the solutions. They know how to use the money. And they need it now.”
Read more: https://ssir.org/articles/entry/unrestricted-funding-barriers
Four Pieces of Advice for Participatory Grant-makers In Aotearoa New Zealand
For context: Participatory Grant-making is “about learning from, and building relationships with, those who have the most experience with the issues you are funding.” This article delves into this growing movement in Aotearoa New Zealand.
Tips for cultivating the support of Australia’s biggest private donors
Getting the basics right before they try swimming with the big fish in philanthropy is key.
Also check out this Strategic Grants resource on how to find approach funders:
https://www.strategicgrants.co.nz/2024/04/02/funder-stewardship
Top 5 Questions NFPs have for funders: With Gill Whelan, General Manager, DECJUBA Foundation & TANK Foundation
Some great tips and information from a funder! How can a fund seeker stand out from the crowd? What type of questions do you ask when you meet a potential new partner organisation? What should we be prepared to answer?
Rising to the challenge: Insights from the community sector
An annual report from Perpetual, their Philanthropy Snapshot for 2024 provides an overview of the challenges and opportunities faced by not-for-profit organisations and the communities they serve. Not just highlighting these challenges, they also provide advice for philanthropists and funders to help overcome them.
Read more: https://www.perpetual.com.au/insights/philanthropy-snapshot-2024
The growth of Women and Wealth – A closer look at Australia’s growing cohort of high-net-worth female investors
Not specifically philanthropy or funding based, JB Were reports on the increasing number and value of high-net-worth women in Australia, which hopefully in turn, will increase structured philanthropic giving. A mind blowing statistic they reveals is that women are set to inherit AUD$3.2 Trillion in the next decade, with the largest wealth transfer Australia has seen.
Read more: https://www.jbwere.com.au/campaigns/growth-of-women-and-wealth
A record £13.9 billion donated to charity last year across the UK
Read more: https://www.cafonline.org/docs/default-source/about-us-research/uk_giving_report_2024_final.pdf
As always, the Strategic Grants team are here to help with all your grant-seeking needs, including building a customised grants calendar for your non-profit which includes funding from Trusts, Foundations, Corporates, Government and more. Find out more about our grants database GEMS, and sign up for your free demo, here.