Philanthropy
in the Changing Economy
The Maine Philanthropy Center is compiling
resources, tools, opinions and ideas to help Maine's philanthropy community
respond to the economic crisis.
General Information and Resources
Smarter
Grantmaking in Challenging Economic Times NEW
Grantmakers for Effective Organizations have compiled samples from their
members on how to address improving nonprofit success with less funding.
http://www.geofunders.org/economy.aspx
A
to Z Grantmakers' Guide for Uncertain Times
PhilanTopic,
Foundation Center
Michael Seltzer, a regular contributor to PhilanTopic, has compiled
"a sampler" of recommendations into an A
to Z guide. This collection of existing foundation practices is
neither inclusive nor representative of best practices, rather it is
intended to send the message: "We are here to help."
Council
on Foundations Open Letter
Council
on Foundation Leadership
Council on Foundation (COF) Board Chair Ralph Smith and COF President
and CEO Steve Gunderson's letter
to COF members and colleagues regarding the current economic situation
and their recommendations for the field.
Economic
Xchange
Council
on Foundations
Economic
Xchange is a web-based
platform where members of the philanthropic sector can exchange information,
dialogue, ideas, and tactics around the economic crisis and its impact
on Philanthropy.
Extending a Helping Hand
Chronicle of Philanthropy
Extending
a Helping Hand reviews what foundations are doing to retool their
grant-making plans as the economy declines. Includes a list of those
who are changing their approach to grantmaking.
Focus
on the Economic Crisis
Foundation Center
Foundation Center has posted
commentaries by national thought leaders on the current economic
situation.
Giving in Recessions and Economic Slowdowns
Center
on Philanthropy at Indiana University
The Center on Philanthropy at Indiana University analyzes four decades
in their report
on how recessions and economic slowdowns affect giving.
Open Letter from GEO
Grantmakers
for Effective Organizations
Executive Director of Grantmakers
for Effective Organizations (GEO) Kathleen Enright "urges leaders
in philanthropy to hold steady with their support to nonprofits and
communities who need it now more than ever."
Giving
New York Times
A special section in the November 11
New
York Times including philanthropy reporter Stephanie Strom's article,
"Bracing
for Lean Times Ahead," on how the economy has effect all sectors
of giving.
Nonprofits Uneasy About Turmoil's Effect
on Endowments
Washington
Post
The Washington
Post discusses the trickle down effect of the economy on nonprofits.
As the endowments of foundations are impacted by the current state of
the economy, grantees voice their concerns.
Past Economic Downturns and Outlook for
Foundation Giving
PhilanTopic,
Foundation Center
The Foundation Center's PhilanTopic
blog evaluates past trends in giving during recessions. And since the
Foundation Center has been collecting data on foundations since 1975,
their wealth of data provides a clearer picture of what the future may
hold for the sector.
Past Sheds Light On Recession Giving
Philanthropy
Journal
Philanthropy
Journal summarizes the results from the "Giving
in Recessions and Economic Slowdowns" report.
Role of Boards Critical During
Crisis
Philanthropy Journal
The
Philanthropy Journal discusses the responsibilities of nonprofit
board when the economy tanks.
Special Report: How Charities Cope
with a Troubled Economy
Chronicle of Philanthropy
The Chronicle of
Philanthropy has compiled resources on how nonprofits deal with
turbulent times. Includes recent stories, reports, podcasts, and statistics.
Sloan Foundation Launches Initiative
to Study, Explain Financial Crisis
Philanthropy
News Digest
Philanthropy
News Digest reports that "[t]he New York City–based Alfred P. Sloan
Foundation has announced grants totaling $2.7 million as part of a new
initiative to study the ongoing financial market crisis and improve
public understanding of economics and finance."
Surviving Tough Economic Times: Q&A
With Clara Miller, President/CEO, Nonprofit Finance Fund
PhilanTopic,
Foundation Center
The Foundation Center's blog PhilanTopic
features an interview of Clara Miller, President/CEO or Nonprofit Finance
Fund.
What the Council on Foundations Should
Have Said to Its Members
The
Nonprofit Quarterly
The editors of The
Nonprofit Quarterly take an editing pen and rewrite the Council
on Foundation's Open Letter to members and colleagues.
Amid Turmoil, Corporations to Maintain
Giving in 2009
Financial
Week
With corporate grantmakers receiving more requests for help, Financial
Week features three large corporate foundations who have publically
announce that 2009 giving would likely remain steady.
Survey Finds Practitioners Optimistic
Despite Downturn
Boston College Center for Corporate Citizenship
Does the current economic
downturn spell the end of corporate citizenship? Just the opposite,
says the
Center for Corporate Citizenship's recent survey.
Consumers Expect Companies to Keep Giving
in Hard Times
The
Chronicle of Philanthropy
The
Chronicle of Philanthropy summarizes a new survey on consumer expectations
during a poor economy.
Corporate Citizenship Meets the Financial
Meltdown: Threat or Opportunity?
Boston College Center for Corporate Citizenship
The
Director's Blog comments on the current economic climate and encourages
an active dialogue in the business community.
Corporate Donors Adjust to Economic Slump
Philanthropy
Journal
The Philanthropy
Journal offers a nonprofit perspective on the affects the current
economy will have on corporate giving.
Is This The Time For Companies To Be
Philanthropic?
Strategic
Philanthropy
Chicago–based philanthropy advisors Strategic
Philanthropy make the case for corporate philanthropy during a poor
economy.
The Giving Blues
Portfolio.com
Referencing The Chronicle of Philathropy article on consumer expectations,
Portfolio.com
forecasts 2009 corporate giving.
Volatility, the Markets and You
Merrill
Lynch webcast
"Volatility,
the Markets and You" featured world–class strategists and industry
leaders shared unique insights and potential investment strategies to
help investors understand and deal with the market's recent turbulence—and
prepare for the recovery to come. The November 10, video, audio and
transcript are available for download.
will
increase its matching grant program for basic needs providers - called
“Making a Good Gift Better” - in response to the effects of the economic
downturn on Greater New Haven residents.
Hunger, Homelessness Targeted in $1 Million in Grants
Hartford Foundation for Public Giving
The grants, approved by the Hartford
Foundation for Public Giving’s board of directors, more
than double the amount made last winter to help nonprofits through the
critical winter months when demand for the food and shelter they provide
are at a peak.
Making Informed Decisions in Uncertain Times
Community Foundation Insights
In an effort to respond to the current financial uncertainty,
Community Foundation
Insights and FSG Social Impact Advisors conducted a study to identify
strategies and recommendations for coping with today’s environment and
to provide you with information to share with your boards and communities.
Strengthen the Safety Net Initiative
Silicon
Valley Community Foundation
Silicon
Valley Community Foundation has announced that it will match donations
through a Safety Net Fund, up to 1 million dollars, to support safety
net organizations in their community.
Families Respond to Difficult Economic
Times
National
Center for Family Philanthropy
In the October Message of National
Center for Family Philanthropy President Virginia M. Esposito explains
that NCFP is working on a special edition of Passages, interviewing
members and gathering anecdotes on how family foundations are dealing
with the current economy.
Strategies for Foundations to Save Resources
FT.com
This
FT.com article addresses ways to cope with dwindling resources and
continue to support the causes and institutions you care about.
Your Foundation & The Market
Association
of Small Foundations
The Association
of Small Foundations is currently gathering ideas and information
on how foundations are responding to the current economic events. The
information will be published in the next issue of Essentials.
Nonprofits
Economic
Stimulus Package Information NEW (American
Reinvestment & Recovery Act of 2009)
State
of Maine
http://www.maine.gov/recovery/
Federal
Gov't.
http://www.recovery.gov
Special
Reports on Economic Stimulus NEW
The National Council of Nonprofits
http://www.councilofnonprofits.org/stimulus
Americans
for the Arts NEW
http://www.artsusa.org/information_services/toolkit/default.asp
Resources for nonprofits on obtaining funding, and how to respond to
a decrease in funding
Arts
in Crisis NEW
Kennedy Center
This is an initiative is offers planning assistance and
consulting to struggling arts organizations throughout the United States.
Open to non-profit 501(c)(3) performing arts organizations, the program
will provide counsel from Kennedy Center President Michael Kaiser and
the Kennedy Center executive staff in the areas of fundraising, building
more effective Boards of Trustees, budgeting, marketing, technology,
and other areas pertinent to maintaining a vital performing arts organization
during a troubled economy. http://www.artsincrisis.org/
Survival
Kit for Fundraising in a Bad Economy
NEW
Association of Fundraising Professionals
http://www.afpnet.org/ka/ka-3.cfm?content_item_id=24683&folder_id=2545
The
Outlook for Nonprofits
Maine Philanthropy Center / Maine Public Radio
Maine Philanthropy Center’s very own Janet
Henry speaking on MPR on December 16, 2008. It's that time of year
when people consider last-minute giving to charitable causes. Maine's
charitable organizations are watching to see if the economic downturn
will cause a decline in those donations.
Nonprofit
911
Nonprofit Roundtable
A coalition of eight regional organizations convened 'Nonprofit
911' on Dec. 15, 2008 bringing together over 500 nonprofit, business,
and government leaders to develop a plan of action that redefines how
the nonprofit sector operates in this new fiscal reality.
Facing the Financial Crisis:
10 Smart things your board can do now
BoardSource
Barry Gaberman, board chair of BoardSource,
presents a to-do list that will help you lead your organization through
these tough times
Nonprofit
Economic Vitality Center
National
Council of Nonprofits
A Resource for Nonprofits Coping with the Economy on the National
Council of Nonprofits web site.
Gratitude for Grantmakers
National Council of Nonprofits
By showcasing the forwarding-looking foundations that are digging
deeper, the
National
Council of Nonprofits celebrates grantmakers leadership,
applauds their commitment to their communities, and thanks them for
recognizing they are vital partners with America’s nonprofits. Together,
we can make a difference.
A
to Z Nonprofit Survival Guide for Uncertain Times
PhilanTopic,
Foundation Center
Michael Seltzer, a regular contributor to PhilanTopic, has compiled
his past writings and strategy recommendations learned from grantees,
clients, and fellow consultants into an A
to Z guide.
Philanthropy Blogs