NAACP fund granted $1 million from individual philanthropist
March 28, 2013
The promotion of civil rights in the Untied States is an issue that's been around for hundreds of years. In the last half-century, major headway has been made, but there are still a number of organizations that are dedicated to making sure that all Americans are subject to equal treatment in every realm. The NAACP Legal Defense & Education Fund (LDF) will be able to continue to do so after receiving a grant.
Financier and philanthropist George Soros recently gave a $1 million grant to the organization to show his support for the cause and new director counsel, Sherrilyn Ifill.
"We welcome Mr. Soros to the LDF family and we are gratified by his statement of confidence in LDF and in our new President-Director Counsel," explained board of directors co-chairs David Mills and Gerald Adolph.
Moreover, Soros' grant will actually be even more fruitful - after his contribution was announced, the LDF board of directors agreed to match his generosity with a grant of their own, while Ifill pledged to honor his gift by increasing her fundraising initiatives.
The New York Times said that Soros has been committed to providing funding to numerous causes close to his heart for many years. For instance, he donated to Democratic political action committees during the 2012 election and has a history of making gifts to the NAACP.
Individuals, programs and organizations that rely on fundraising to fuel sustainable operations might find nonprofit fundraising software advantageous. The solutions can facilitate the process of identifying grant opportunities, generate reports that demonstrate current financial need and showcase previous achievements.