Search results for: recession

Original Source By: Stephen Pelletier The economic meltdown has had a huge impact on philanthropic organizations: The Council on Foundations, an association of more than 2,100 grantmaking foundations and corporations, estimates that foundation endowment assets have shed some $200 billion in value so far. What…

By Ronan McGreevy. The party’s over for the charity ball scene, which has been severely curtailed by the downturn IT WAS A gala ball that became the last waltz for the Celtic Tiger. The effects of the credit crunch, which have had devastating implications for…

By Kristen Bole.The new UCSF Medical Center at Mission Bay project is proceeding on time, significantly under budget and is on track to break ground this fall, pending funding approval by the UC Regents. UCSF expects that construction of the new 289-bed children’s, women’s and…

by DIANE SMITH FORT WORTH — Wade Clements is determined to find work. The 61-year-old land surveyor was laid off in September, and he’s now a regular at the WorkforceSolutionsWestsideWorkforceCenter in Fort Worth. Clements was there Friday, editing his résumé and searching online for jobs…

A Harlem Education Project That Won Big Corporate Backing Now Faces Cutbacks as Donors Close Their Wallets Original Source By MIKE SPECTOR NEW YORK -- Geoffrey Canada has spent decades building a strategy for saving poor children from crime-ridden streets and crumbling public schools. His…

Original Source The Foundation Center and the Council on Foundations are Atlantic grantees. by Ret Boney The injuries foundations sustained during the market downturns were severe, and it likely will be years before foundation giving is back on track, but funders have risen to the…

Grant recipients are still reeling from the closure of two big foundations entangled in the Madoff scam. By Ben Gose. Amid the difficult environment for charities, groups that focus on causes like human rights, criminal justice, and reproductive health are enduring an especially grim period,…

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…

Since October, the situation has worsened everywhere – something you don’t need me to tell you, since the news each day brings fresh tales of economic distress in virtually every country, and among our families and friends. Here in Ireland, where I am spending most…

Aging in place has become the only possibility for many as the weakened economy erodes real estate values and retirement savings by MARK MILLER For a growing number of older Americans, the housing slump has changed the concept of "aging in place" from a lifestyle…