Search results for: financial crisis

Original Source By Noelle Barton and Ian Wilhelm The steep decline in the stock market last year triggered an erosion of foundation wealth, with many grant makers losing nearly one-third of their assets, according to a new Chronicle survey of some of the nation’s largest philanthropies. For…

Philanthropy adapts to the Obama era. Original Source by Lauren Foster Last November, two weeks after Barack Obama was elected president, Gara LaMarche took to the podium at the annual meeting of Southern California Grantmakers. The president and chief executive of The Atlantic Philanthropies was…

Original Source by Gara LaMarche Americans are all too familiar with the ups and downs of the tech, housing, and stock-market bubbles. Now we are learning that there has been a "nonprofit bubble," too. The nonprofit world grew rapidly as a result of generous giving…

by TIMOTHY WILLIAMS Before its economic turnaround in recent years, Harlem was a case study in disinvestment. Banks were unwilling to make mortgage loans or to open branches, national chain stores could not be lured uptown, city services lagged and the neighborhood became economically isolated…

The limited-life foundation–where big donors pledge to spend all their money in a certain short period of time–offers the potential for a bigger immediate impact at the expense of longevity.

by John M. Bridgeland and Bruce Reed The economic downturn has prompted congressional action to shore up the financial sector and get credit flowing. What's been missing is a concerted effort to respond to a quiet crisis in America - the plight of the nonprofit…

BLOEMFONTEIN, 25 February 2009 (PlusNews) - Last week, regulars at the HIV treatment clinic at Pelonomi hospital, in Bloemfontein, capital of South Africa's Free State Province, would have told you that the clinic has never been this quiet. Ever since the provincial government stopped initiating…

Original Source By Lauren Foster Ann Beeson has tackled some tough issues in her career as a human rights advocate and litigator, including challenging the National Security Agency's illegal surveillance of Americans without a warrant and the constitutionality of the Patriot Act. Now, as executive…

National University of Maynooth and Older and Bolder are Atlantic grantees. OLDER people are being wrongly blamed for the recession, campaigners warned yesterday. The Older and Bolder group, set up to fight government cuts to services for pensioners, claimed ageism is becoming worse in the…

Original Source The New York City-based Foundation Center has released a new research advisory that examines how foundations expect their 2009 giving to be affected by the economic downturn. The advisory, Grantmakers Describe the Impact of the Economic Crisis on Their Giving (4 pages, PDF), looks at…