June 22, 2021
Americans gave a record $471 billion to charity in 2020, amid concerns about the coronavirus pandemic, job losses and racial justice
by Anna Pruitt and Jon Bergdoll

A flood of donations to support COVID-19 relief and racial justice efforts, coupled with stock market gains, led Americans to give a record $471 billion to charity in 2020.

The total donated to charity rose 3.8% from the prior year in inflation-adjusted terms, according to the latest annual Giving USA report from the Giving USA Foundation, released in partnership with the Indiana University Lilly Family School of Philanthropy at IUPUI. In contrast, total charitable giving only grew 2.8% in 2019 – a year of economic expansion and stock gains, we have found.

As two of the lead researchers who produced this report, we observed that giving bucked historical trends in three ways. The total increased despite a recession; foundations’ giving surged; and gifts to a variety of nonprofits providing social services, supporting people in need and protecting civil rights grew the most.

1. A good year for giving during a recession

Typically, giving declines or stays flat during recessions. One reason why giving rose in 2020, even though the economy contracted, was that stocks notched gains by the end of the year.


2. Foundations and individuals stepped up

Soon after the COVID-19 pandemic began, many foundations pledged to increase their grantmaking. Based on our findings, it looks like they kept their word: Foundation giving rose 15.6% to a record $88.55 billion in 2020, after adjusting for the effects of inflation.

Strong stocks also bolstered giving by foundations, which support a wide array of charitable activities by making grants. They are required by law to annually give away 5% of the average value of their assets, often held in endowments. As their stocks and other holdings grow, that 5% gets larger too.

SPONSORS' INSIGHTS
Developing a successful hybrid-work model: Empower employees with choice
by Cody Lents, partner and change manager at COVI, Inc. 

As vaccinations trend up and restrictions trend down, a significant number of workers are set to return to the office in coming months. Your extroverted employees are undoubtedly excited. However, their introverted counterparts may not share the same enthusiasm. So, how can you maximize morale and culture to enable the best performance out of both groups?: A thoughtfully-designed hybrid Work-from-Home (WFH) model that prioritizes both the needs of your organization’s employees and processes. Here are some important considerations:

Lay the groundwork for success
The first critical step in transitioning into a hybrid WFH model is developing and communicating processes that level the playing field for both in-house and remote workers. Set clear expectations about your organization’s internal communications, cyber insurance, bring-your-own-device (BYOD) policy, etc., to ensure that remote workers don’t feel left behind compared to their in-person colleagues.  

While remote work can be an opportunity to cut “traditional” office costs, leverage it as an opportunity to invest in your workforce. Consider using what your organization saves on overhead to provide your employees with a stipend to make working remotely more comfortable. This allows employees to outfit themselves at home with equipment like an ergonomic chair, an extra monitor, noise-canceling headphones, etc. 

At the office, consider re-developing your organization’s layout to better accommodate a hybrid approach: dedicated “open-space” plans for those in and out of the office, private offices for focused work, and spaces specifically designed to encourage collaboration/socialization both face-to-face and virtually. 

Invest in your infrastructure
The next critical step in transitioning your organization to a hybrid approach is ensuring your infrastructure is capable of handling the needs of employees working in different spaces. Now may be the time to upgrade your organization’s software to the enterprise level so that you can take advantage of security, communication and collaboration features. 

SPONSORS' INSIGHTS
3 hot topics in treasury management right now
by John Haggarty, vice president; Gail Bradley, vice president; and Dave Voris, region manager, treasury management, Horizon Bank

As part of our interactions with nonprofit clients, we consistently hear about topics related to interest rates, credit card acceptance, scams and fraud. Here are a few tips to help you address challenges in these areas.

Interest rates
Many nonprofit organizations, especially in the wake of the pandemic, struggle to have enough funds to fulfill their mission — notwithstanding that the current interest rate environment has drastically reduced the earnings that can become available from their reservoirs of cash. 

We’ve heard nothing to indicate that short-term investment rates will be increasing in the near future. Several issues are keeping interest rates down. First and foremost, interest rates were drastically reduced in March of 2020 in an attempt to support the U.S. economy, during a period we know now as the beginning of the pandemic. And, in the latest jobs creation report from March, employment numbers are improving but not at a rate for the Federal Reserve to begin raising rates despite concerns about some inflation.  

There also is an extreme amount of cash built up within the banking system, brought about by corporations that have conserved cash as a strategy to work through the uncertainties caused by the pandemic. This cash build-up also is caused by less than normal spending among consumers who have been housebound during the past 15 months. 

A combination of the above, along with recently introduced assistance from the federal government, the overall banking system is so flush with deposits that higher interest rates do not need to be paid to attract additional deposits. 

Since we expect this condition to last for at least 12 to 18 months, we recommend that nonprofit organizations not lock funds into long-term certificates of deposit simply to achieve some additionally higher rates. They should also consider asking about the option of tiered money market rates instead of traditional certificates of deposit. Learn more about these options here.

Credit card acceptance 
To help with donation cash flow, nonprofit organizations should allow donors to submit funds directly with online payment portals. An online payment portal is a convenient solution that increases revenue, generates material operating efficiencies, expedites transactions, improves customer service and convenience, and powerfully enhances any enterprise payments platform.

PEOPLE ON THE MOVE
Indiana CPA Society has promoted Courtney Kincaid to president and CEO. Kincaid previously was the vice president of strategic initiatives.
Kappa Alpha Theta has promoted Jennifer Broughton Schmaltz to chief executive officer. Broughton Schmaltz previously served as assistant director. — Inside Indiana Business
United Way of Central Indiana has promoted Ashley Furois to vice president of workplace fundraising. Furois recently served as senior director of fundraising.
United Way of Central Indiana has promoted Tanya Hand to vice president of major and transformational giving. Hand most recently served as director of major and transformational giving.  
ANNOUNCEMENTS
Indiana residents are invited to undergo a virtual career coaching program offered by Ivy Tech Community College and InsideTrack. The program will be funded with $1.2 million of the $3 million Ivy Tech received in federal pandemic relief funds through Indiana’s $50 million Rapid Recovery initiative. Read more

Plainfield-based Duke Energy Foundation has awarded grants totaling more than $113,000 to help improve broadband internet access in 15 underserved counties. The grants include $100,000 for the Purdue Center for Regional Development and $13,000 for Indiana Farm Bureau. Read more

The Finish Line Youth Foundation has announced the first cycle of grant recipients from its Louder Than Words grant program. Nonprofits that support communities of color can apply to the second grant cycle by June 30. Read more

Exhibitor applications are now open for IndyVolved 16 presented by AES Indiana, which takes place on Oct. 12 at Victory Field. The event gives nonprofit organizations, young professional groups, and civic engagement partners the opportunity to showcase their mission, recruit volunteers and engage with more than 2,000 Indianapolis young leaders. Applications are due July 1 at 5 p.m. For more information

JCC Indianapolis presented the inaugural Charles A. Cohen Award for long-standing service and philanthropy to the JCC to Keith Pitzele; the Marks A. Levy Staff recognition and development award to Hanna Fogel, and the Frank-Larner leadership award to Chelsea Cantu and Eric Ratner. Read more
PROFESSIONAL DEVELOPMENT
VOLUNTEER OPPORTUNITIES
Keep Indianapolis Beautiful is looking for volunteers for cleaning projects for the following events: 

  • Martindale Brightwood Great Indy Cleanup, June 30 at 9 a.m. Sign up 
  • Tarkington Park Tree Debris Cleanup, July 10 at 10 a.m. Sign up 
  • Plogging Cleanup at Guggman Haus, July 10 at 11 a.m. Sign up
TRENDS
White House Clinics in increasing its pay scale by 28% to show appreciation for workers who stuck with the organization through the pandemic, and to potentially attract additional talent.
MacKenzie Scott, the billionaire philanthropist known for impromptu donations to charities and racial equity causes, has announced that she has given $2.7 billion to 286 organizations.
SPONSORS' INSIGHTS
MARKETPLACE
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REAL ESTATE
MEETING ROOM OR EVENT SPACE
Space available for nonprofit in Fountain Square area

Rental spaces available for nonprofits in newly renovated 6,200-square-foot building at 2119 Prospect St. Available as a single space or two spaces with designated entrance and bathrooms, HVAC and common areas, with parking in an adjacent lot. Buildout to suit. Contact Harold Miller, 317-753-2034.
Office Space in Children’s Bureau, Near Northside of Indianapolis

More than 3,000 square feet of unfinished rental space available for a nonprofit. Build-out allowance based on lease terms. Rent includes utilities, cleaning, maintenance, building security, parking and access to common areas (including restroom, kitchen, and conference space). Less than ½ mile from several bus stops. Contact Lewis Rhone at (317) 264-2700.
JOBS
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Executive

President/CEO – Fathers and Families Center

President & Chief Executive Officer - Merchants Affordable Housing Corp.


Development

Development Operations Coordinator - Indianapolis Public Schools Foundation

Partnerships Manager - Indianapolis Symphony Orchestra

Donor & Grant Manager (Part-time) - Indianapolis Opera

Donor Stewardship Associate - Indianapolis Symphony Orchestra


Development Officer - Kiwanis International

Director of Philanthropy - Child Advocates


Administrative/Management/Leadership

Executive Assistant (Part-time) - Trinity Episcopal Church

Field Operations Director - Indiana Minority Health Coalition, Inc.



Marketing /Communications/Events

Alumni Engagement Analyst - Kiwanis International


Communications Specialist - Indianapolis Hebrew Congregation

Communications Coordinator - FACE Low-Cost Animal Clinic



Finance

Finance Administrator - The Children’s Museum of Indianapolis

Accounting Specialist - HVAF of Indiana, Inc.

Director of Finance - Indiana Repertory Theatre

Accounting Manager – HollandParlette


Data/Research/Informatics

Measurement & Evaluation Specialist - Boys & Girls Clubs of Indianapolis



Information Technology



Programs


Housing Program Manager – Southeast Neighborhood Development (SEND)

JAG Specialist - Transition Resources Corporation


Case Manager - HVAF of Indiana, Inc.

Coordinated Entry Project Coordinator - Indiana Coalition Against Domestic Violence


Outreach/SIF Coordinator - Children's Bureau, Inc.



AAB/GIC Program Manager - Keep Indianapolis Beautiful

Diversity & Inclusion Officer - The Indianapolis Public Library

Entrepreneurship Program Manager - Indianapolis Urban League

Opportunity Youth and Reentry Manager - Edna Martin Christian Center

Director of Education Initiatives and Pathways - United Way of Central Indiana


Facilities

Building Services Manager - Indiana Repertory Theatre

Construction Superintendent - Greater Indy Habitat for Humanity


Health Clinician/Pharmacy



AmeriCorps/VISTAs

AmeriCorps Public Ally Member - Indianapolis Neighborhood Resource Center (INRC)