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Latest Releases From the Field- Late March 2018

Wednesday, March 21, 2018

Check out the latest releases from around the nonprofit sector featuring items from Funders for LGBTQ Issues, Minnesota Council on Foundations and Philanthropy Network Greater Philadelphia.

Our Members

2016 Tracking Report: Lesbian, Gay, Bisexual, Transgender And Queer Grantmaking By U.S. Foundations
Funders for LGBTQ Issues
The 2016 Tracking Report (2018) explores the scope and character of foundation funding for LGBTQ issues in the calendar year 2016. The report analyzes 6,032 grants from 348 foundations, making it the most comprehensive assessment of LGBTQ funding available. The year 2016 brought with it a historic milestone: LGBTQ grantmaking surpassed $200 million for the first time ever. The sharp rise in LGBTQ funding in 2016 was driven in large part by approximately $30 million in funding in response to the Pulse Nightclub Massacre in Orlando, the most violent attack on the LGBTQ community in our history. Without OneOrlando grantmaking, LGBTQ funding reached a record high of $172.8 million.

Fast Forward: Village Trust Financial Cooperative
Minnesota Council on Foundations
In the latest episode of its podcast, Me'Lea Connelly, Director of the Association for Black Economic Power, and Patrick Troska, Executive Director of the Jay & Rose Phillips Family Foundation of MN, discuss their partnership on the Village Trust Financial Cooperative. The Association for Black Economic Power is currently working to establish the Village Trust Financial Cooperative, Minnesota’s only Black-led financial institution. 

The PRI Pulse (TM)
Venn Foundation in collaboration with The Minnesota Council on Foundations
This newly released report looks at the historical use of Program-Related Investments (PRIs) by Minnesota-based private foundations from 1998 to 2016. It gives Minnesota’s philanthropic and investment communities high-quality information on how PRIs have been used in the past. 

Trauma-Informed Philanthropy, Volume Two
Philanthropy Network Greater Philadelphia
Volume Two builds on the information and insights presented in the first guide to identify how philanthropy can leverage resources and relationships to advance trauma-informed practice and move from knowledge to action. Highlights of Volume Two include: profiles of five trauma-informed change efforts in Philadelphia, featuring work across multiple service sectors and implementation domains; key learnings about cross-sector collaborative networks and the role of philanthropy as change agent, from leading national initiatives; and tools for grantmakers to advance trauma-informed approaches, through funding priorities and practices, field building, and serving as connectors and thought leaders.

The Field

Selecting Financial Management Software For Your Nonprofit
FMA and Idealware
This guide provides a clear look at the major accounting and financial management system categories and the criteria to consider as you search for a new system. Unlike Idealware's Consumers Guides, it doesn't provide comprehensive system reviews, but instead details the major accounting and financial management system categories and the criteria to consider as you search for a new system. It also provides a high level look at the following systems: Abila MIP Fund Accounting, Financial Edge NXT, FinancialForce, FUND E-Z, Microsoft Dynamics 365, Oracle NetSuite, QuickBooks, Sage Intacct, Freshbooks, Kashoo, Wave, Xero, and Zoho Books.