Category Archives: NPT
New Data: Foundation Portfolios Gained $230 Billion
U.S. foundation portfolios grew more than 17%, or $230 billion, during the period covering all of 2023 (11% growth) and the first quarter of this year (6% growth) to reach a record high of $1.55 trillion. The asset growth of
Investor Makes $4.3 Billion Bid To Take Blackbaud Private
Blackbaud’s largest shareholder, Clearlake Capital Group, has made another offer to take the fundraising and tech firm private. The $4.3 billion cash offer comes one year after Clearlake’s unsolicited $4 billion offer was rejected by Blackbaud’s board. It also comes
House Signs Off On Tax Bill That Hurts Charities
The House of Representatives passed the Tax Cuts and Jobs Act on Thursday by a 227 to 205 vote. The bill, roundly criticized by leaders in the nonprofit sector, marks a significant step in what has been an accelerated process
DMA Seeking Feedback On Updated Standards
Leadership at the Data & Marketing Association (DMA) is rolling out the organization’s Data Standards 2.0, a streamlined version of guidelines not updated since 2014. Features of the new set of standards include clarifications on rules relating to connected devices
