Love it or hate it, you have to admire the tenacity of the World Bank’s Doing Business project. The global ranking of countries’ business-friendliness is now slated for a 2023 comeback tour with a new name and a more “balanced” approach.
Endowments — donated pools of money, property, or investments that generate a return — can help sustain nonprofit organizations over the long term. Despite loud calls for funding causes for social change amid a global reckoning with systemic racism, Black-led organizations are significantly less likely to receive philanthropic donations as endowments, according to a research team from nonprofit advisory firm The Bridgespan Group.
