To maximize its impact and better serve the growing and diverse social sector, the Chronicle of Philanthropy recently announced its plans to become an independent nonprofit organization.
To maximize its impact and better serve the growing and diverse social sector, the Chronicle of Philanthropy (CoP) recently announced its plans to become an independent nonprofit organization.
Since its founding in 1988, the publication has been owned by the Chronicle of Higher Education Inc., a private, for-profit company.
CMF members the Ford Foundation and the Charles Stewart Mott Foundation helped fund CoP’s transition.
“The Chronicle of Philanthropy is taking a major leap forward in how we serve nonprofits and foundations,” Stacy Palmer, who helped found CoP in 1988 and will become executive director of the new nonprofit organization said in a press release. “We are boldly reimagining our mission to both amplify our role as a trusted source of information for social sector professionals but also to double down on our collaboration with other global news outlets to ensure the public better understands the trillion-dollar world of nonprofits and foundations.”
In addition to its partnerships with other news organizations, CoP will greatly expand its coverage and analysis of the social sector, offering indispensable information and practical advice to nonprofit professionals, foundation executives, board members, development staff and other changemakers.
CoP plans to:
• Expand its explanatory journalism to shed light on the results of philanthropy’s biggest projects, taking readers inside major efforts by donors and foundations so they can understand what it takes to succeed – and why some innovations fail.
• Ensure that philanthropic investments, trends and results across diverse communities receive the attention and analysis they deserve.
• Build a “public commons” for debate on essential issues in philanthropy, expanding the range of contributors and viewpoints shared in its opinion essays and live briefings with the goal of advancing pluralism at a time of polarization.
• Develop new partnerships with news outlets and journalists to ensure that Americans have greater access to information about nonprofits in their communities and across the nation.
The new nonprofit CoP, which awaits an official determination of 501(c)(3) status by the Internal Revenue Service, will be governed by an independent board of directors led by Trabian Shorters, CEO and founder of BMe Community.
Shorters is a retired tech entrepreneur, former vice president of the John S. and James L. Knight Foundation and a board member of the Solutions Journalism Network and DonorsChoose.
Want more?
Read the full press release.
