The Friday Rewind offers a snapshot of PhilanthroNews — that means news stories, articles, events of note, or information updates — from around our network and throughout the broad world of philanthropy. Whether you take a quick skim of the material or a deep dive through each item we hope to help inform your work and inspire your thinking.
- This open access book describes the differences in US census coverage, also referred to as “differential undercount”, by showing which groups have the highest net undercounts and which groups have the greatest undercount differentials, and discusses why such undercounts occur. In addition to focusing on measuring census coverage for several demographic characteristics, including age, gender, race, Hispanic origin status, and tenure, it also considers several of the main hard-to-count populations, such as immigrants, the homeless, the LBGT community, children in foster care, and the disabled. However, given the dearth of accurate undercount data for these groups, they are covered less comprehensively than those demographic groups for which there is reliable undercount data from the Census Bureau. This book is of interest to demographers, statisticians, survey methodologists, and all those interested in census coverage. Download it here
- Though charter schools have acquired a powerful ally on the national level in the form of Secretary of Education Betsy DeVos, local backlash and scaling challenges have led to questions about the future of the publicly funded, privately run schools. Philanthropic enthusiasm for the charter movement is at a similar inflection point. For now, support for charters seems to be holding. However, the schools have had trouble reaching scale and have yet to catalyze the system-wide transformation many backers hoped for. Funders are reacting in different ways, with some redoubling their efforts and support for these schools, and other s reconsidering their future investments as the model falters. Read more here
- Grantmakers for Education, the nation’s largest association of education grantmakers, recently released their 2018-19 benchmarking report about Trends in Education Philanthropy. The report captures information across the entire system serving children and youth, from their first experiences in early learning settings all the way through postsecondary education and workforce preparation. The report is organized to focus on Big Picture Trends, Philanthropic Practice, and the Content of Education Giving
- New York state Attorney General Letitia James leveled the fiercest legal broadside yet against the Sackler family, owners of the privately-held Purdue Pharma which makes the powerful prescription painkiller Oxycontin. A civil suit filed Thursday accuses eight members of the family of personally contributing to the deadly opioid epidemic, which has killed more than 200,000 Americans over the last two decades, according to the Centers for Disease Control and Prevention. State officials hope to force the Sacklers to forfeit some of that wealth — estimated as high as $13 billion, according to Forbes — to help pay the cost of curbing the addiction epidemic that still claims more than 130 lives every day. Read more from NPR here
- For the past few years, investors have enjoyed a long period of relative calm in the markets. In recent months, however, market volatility has begun to rear its head. As financial stewards we must remain vigilant of such shifts in the marketplace if we seek to fulfill our obligations as fiduciaries. Read more from Exponent Philanthropy here
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