Arabella Advisors on 2024 Philanthropy: What, Who, and How
Arabella Advisors is one of the nation’s largest grantmaker, donor and nonprofit organization advisors in the areas of giving and fundraising. So much so that recently, several ultra-conservative observers have been comparing AA with Soros, the Obama Foundation, and other progressive mega-organizations.
Because of their size, innovative funding mechanisms, and connections with powerful progressives, Arabella has a great handle on giving and getting trends. They recently issued a report on What Gets Funded, Who Gets to Decide, and Vehicles Used for Funding in “The Giving Year Ahead: Trends in Grantmaking and Philanthropic Engagement for 2024“. All interesting. Their predictions on what gets funded:
- Democracy and civic engagement
- Reproductive health and justice
- Artificial intelligence and public interest technology
- Climate change mitigation
No big surprises here. But the article provides a great and simple analysis of what to expect, and most importantly, what language to use if you’re pursuing these interests with funders.
Other 2024 Predictions
Philanthropy futurist Trista Harris tells us that “traditional strategic planning is a thing of the past” because the future is too unpredictable. Here’s her list: Trista’s 2024 Philanthropy Predictions
Here’s what The Chronicle of Philanthropy says we’ll see in the coming year:
- A.I. will be the future of work (and they say that doesn’t have to be bad).
- Race-based foundation grants will be the next test of the U.S. Supreme Court’s affirmative action decision.
- Donor-advised funds are changing philanthropy – will 2024 see new regulation?
- Trust-based philanthropy will need to start showing impact.
- Shorter workweeks, time off, and DEI training are helping retain workers.
- Federal climate funds are plentiful — but nonprofits should move quickly.