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In the News
Maine | National

Maine Media

The Outlook for Nonprofits in a Recession Maine Public Radio

Charitable Foundations Hit Hard Portland Press Herald

National Media

Sixty-Two Percent of Foundations Plan to Decrease Giving
Chronicle, 5/6/09

Mrs. Obama Announces New Fund to Aid Nonprofits

NYT, 5/6/09

The End of Conspicuous Philanthropy?
Forbes, 5/5/09

Foundation Official Envisions New Role for Foundations in Society
Chronicle, 5/4/09

Foundations Oppose Obama Tax Plan for Deductions
WSJ, 3/18/2009

Giving Less but Leading more
On Philanthropy
3/27/2009

Giving's Hard Times Star Tribune

Nonprofits Face Funding Cuts and Waning Donations Star Tribune

A Call for Shelter in the Economic Storm Star Tribune

Wall Street Crisis Will Affect Demands on the Nonprofit World — and Its Work Force Chronicle of Philanthropy

How Bad Is It? Economy's Downturn Prompts New Challenges for Charities Chronicle of Philanthropy

Signs That, Amid Tough Times, Americans Will Keep Giving The Christian Science Monitor

Financial Mayhem Hurts Nonprofits, Foundations
USA Today

When Main Street Melts Down: Nonprofits Are Worried Minnesota Public Radio

Resources for Nonprofits Coping with the Economy Nonprofit Economic Vitality Center

Sustenance in Lean Times Nonprofits Assistance Fund

The State We’re In: Fulfilling Human Service Needs in a Time of Economic Uncertainty MAP for Nonprofits

How Charities Cope with a Troubled Economy
Chronicle of Philanthropy

The Sky Is Falling; Who Cares? Donor Power Blog

Giving New York Times

Bracing for Lean Times Ahead New York Times

Nonprofits Uneasy About Turmoil's Effect on Endowments Washington Post

 

 

 

 

 

 

 

 


 

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.


Corporate Foundation/Giving Program Resources

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.


Community Foundation Resources

Foundation Triples its Support for Basic Needs To Address Economic Downturn
Community Foundation for Greater New Haven
Community Foundation for Greater New Haven
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.


Family Foundation Resources

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



 

 

 

 

 

About this Page

Updates will be made regularly to provide the most current information coming from the philanthropic field. If you would like to add additional resources to this list or share your best practices, please email: mpc@mainephilanthropy.org.

MPC wishes to thank our colleagues in philanthropy for many of the resources found on this page: Connecticut Council for Philanthropy, Northern California Grantmakers, Philanthropy Northwest, Minnesota Council on Foundations.