Sunstate Consult LLC
Monthly
newsletter
August 2024 Issue # 1
Upcoming Trainings/Conferences
2024 Arizona Drug Summit September 4th 8am-5pm (Cost $75)
2024 UNITE Nonprofit + Grant Maker Conference in Mesa, AZ (Cost $250) August 15th 7:30AM - 6PM
September 25th, 9am-5pm General Admission Free)
Featured Opportunities
FY 2024 Good Jobs Challenge: The Department of Agriculture (DA) will provide $25 million in grants, ranging from $1 million to $8 million, to 5-8 grantees. These funds will support regional workforce training systems and sectoral partnerships to place participants in high-quality jobs in key federal technology sectors.
William T. Grant Foundation Institutional Challenge Grant: Supports university-based research institutions in building long-term research-practice partnerships with public agencies or nonprofits to reduce inequality in youth outcomes. The grant offers $650,000 over three years; deadline 9/12/24.
TD Bank's 2024 TD Ready Challenge: Supports charitable and nonprofit organizations to apply for grants of $1 million to support innovative solutions that help underserved small business owners develop, launch, or grow their businesses, with a focus on disrupting systemic barriers and fostering a more inclusive entrepreneurial landscape across North America.
Amber Grant for Women: Awards Made 23rd of every month. Grant Awards between $10,000-$25,000.
Philanthropy News
ASU receives $25 million from W.P. Carey Foundation
ASU’s W.P. Carey School of Business received a $25 million grant from the W.P. Carey Foundation to expand its real estate programs, including the creation of an undergraduate degree and an experiential learning lab. The grant also aims to attract top faculty in real estate and finance, further strengthening the school's impact on the industry and the state's economic development.
Funder Highlight
The Grand Challenges initiative, launched by the Bill & Melinda Gates Foundation in 2003, focuses on catalyzing innovative solutions to some of the world's most pressing health and development challenges. By fostering collaboration among scientists, innovators, and institutions across the globe, Grand Challenges seeks to drive forward scientific advancements that can transform the lives of people in low- and middle-income countries.
The initiative prioritizes research and development efforts that address critical issues such as infectious diseases, maternal and child health, agriculture, nutrition, water, sanitation, and hygiene. Grand Challenges funds projects that demonstrate potential for high impact, scalability, and sustainability, particularly those that can significantly improve health outcomes in underserved populations.
Grand Challenges
The initiative also offers seed funding to early-stage ideas, enabling innovators to explore new concepts and generate preliminary data that could lead to larger-scale efforts.
This funder is a pivotal force in the global health and development sector, driving innovation and collaboration to address the most significant challenges faced by vulnerable communities worldwide.
SunState Consult LLC
August, issue#1
Harnessing the power of AI
Artificial Intelligence (AI) is revolutionizing the nonprofit sector by optimizing operational efficiency, fostering donor engagement, and amplifying overall impact. AI plays a pivotal role in automating mundane tasks, facilitating data analysis for informed decision-making, and boosting fundraising activities through predictive analytics. Furthermore, AI bolsters program delivery by offering features such as translation services and image recognition, while also streamlining impact assessment by automating data collection and analysis. To harness the benefits of AI, nonprofits should delineate their objectives, collaborate with technology experts, and invest in staff training to seamlessly integrate AI into their operations, thereby enhancing social impact and fulfilling their mission.
Here are some recommendations for leveraging AI:
- Initiate AI implementation in specific domains, such as donor relations or data analytics, before expanding its usage.
- Direct AI applications toward pivotal functions like fundraising, service delivery, or impact evaluation.
- Select cost-efficient AI platforms that are user-friendly and do not necessitate advanced technical proficiency.
- Empower your personnel with AI acumen through targeted training and skill development.
- Foster an environment that embraces technological advancements, encouraging experimentation and continuous learning.
- Collaborate with technology professionals or seasoned nonprofit organizations to gain valuable insights and guidance.
- Uphold Ethical Standards: Ensure that AI utilization aligns with your organization's principles, emphasizing data security, privacy, and the mitigation of bias.
