Gratitude and excitement for generosity

Today was a busy day at work, my brain is spent.

So just writing to say congratulations to all the nonprofits with new big gifts in news today!

Project Success received $3M from Andris (Andy) A. Zoltners and Moira Grosbard to expand opportunities for more students to participate in Project Success’ programs. This will include expanding activities outside of the Twin Cities for the first time, according to the Star Tribune. That is very wonderful. Mine own had great experiences with them, and I’ve been aware of them for years and years. Yay!

In addition, philanthropist MacKenzie Scott (formerly married to Jeff Bezos) has made another set of unrestricted donations to Twin Cities nonprofits. I love that she makes them unrestricted, because nonprofits have faced so much pressure to minimize their administrative burden.. which has resulted in extreme hardship for those who provide ‘back office’ services – payroll, accounting, IT, maintenance etc.. And the results are really not in the best interests of those being served by the organization.

I’m all for preventing fraud, enhancing efficiency, optimizing transparency etc.. but restricting overhead (valid or not) costs is counterproductive. And so unrestricted funds will be able to applied to cover gaps created by many other funding sources.

The recipients of this set of grants from Scott include CAPI USA, Appetite for Change, Dream of Wild Health, ISAIAH, OutFront Minnesota, Gender Justice, Rise, All Square, WellShare International and Build Wealth Minnesota – among my favorites in our vibrant nonprofit community.

Cheers to all of you, and looking forward to seeing all the great ways in which you make our community better!

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Filed under Accounting, Community, Local, Minneapolis, Minnesota, NonProfits, Resources, St. Paul, Technology

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