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If you own stock in CoreCivic, a company that runs America's largest privately run prisons, you may not be doing much for the environment or human rights.
But if you own stock in CoreCivic, a company that runs America's largest privately run prisons, you may not be doing much for the environment or human rights.
That's according to Nonprofit Quarterly, which reports that more than half of the country's nonprofits have total assets of less than $1 million, meaning they have cash and other investable assets that can be easily sold and converted into cash.
If you own stock in CoreCivic, you may not be doing much for the environment or human rights.
"Thanks to prison privatization, corporations, many of whom, like CoreCivic, are publicly listed companies, have a perverse incentive to boost their stock prices and keep prisons full by lobbying for policies like harsher policing, longer sentencing, and incarceration for non-violent crimes," writes Kate Harding.
"If organizations that, say, are campaigning for cash bail invest in corporations (perhaps through a major institutional investment intermediary like BlackRock) that profit from incarceration, how does that benefit their work, even if the financial returns are good?" Read the Entire Article
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A customized collection of grant news from foundations and the federal government from around the Web.
The annual TrustRadius Top Rated Awards recognize the best in business software, and MIP Fund Accounting is in the No. 1 spot for the third year in a row. The accounting software for...more
Detroit's Children's Center is getting a new president and CEO in July 2023, the Detroit Free Press reports. Nicole Wells Stallworth will take over for Deborah Matthews, who announced her...more
Nicole Wells Stallworth has been named CEO of the Children's Center, a Detroit-based nonprofit focused on improving the lives of children and families. Stallworth, executive director of Planned...more
If you're a small, community-based nonprofit with an annual budget of between $150,000 and $2 million, Colorado has just the thing for you. The state's Department of Local Affairs is now...more
Foundation: Carnegie Corporation of New York
A new report from the Carnegie Corporation of New York finds that more than half of America's public schools opened in the last 30 yearsand that's a big deal. "That is wild!" says Robin Lake,...more
Americans are giving more money to charity than they've ever done in their lives, but there's a lot of room for improvement, according to an industry group. In a report released Tuesday, the...more
Foundation: Gates Foundation, Community Foundation Serving Southwest Colorado
"It's a really unique opportunity because it does bring together those regional funders, and then those Front Range funders that fund (across the state) but maybe haven't been down here recently,"...more
Foundation: Benwood Foundation, Lyndhurst Foundation
The city of Chattanooga, Tenn., has been named one of America's best cities to live, Quartz reports. According to the Chattanoogan, the top 10 cities to live in America are all in the South, with...more
Black colleges and universities, which had seen giving from foundations decline in recent decades, lately are benefiting from an increase in gifts, particularly from corporations and corporate...more
"It was like manna from heaven." That's how Natalie Coles describes a $500,000 donation from Dominion Energy to Wilberforce University, a historically black college in Ohio. The money went...more
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