Search results for: recession

The aspect of The Atlantic Philanthropies in which people have the most interest is not that we are one of the largest foundations in the world – in fact, the largest private funder in the countries in which we operate, outside of the U.S. –…

As 2008 draws to a close, organisations, just like individuals, should take a moment to reflect on the challenges and accomplishments of the year that is ending, and prepare for the one ahead. I’d like to do that, in this final column of an eventful…

By David Labrador in Pristina Foundations that support important programmes in the Balkans are suffering from the financial crisis in a way that makes their continued giving much more difficult. Much of the money that helps to develop the Balkans comes from private foundations that…

Original Source To help grant makers navigate the financial crisis, the Council on Foundations has started a new Web site, the Economic Xchange, to share ideas about how to support cash-strapped charities, help cities hit by economic woes, and how foundation themselves can survive tough times. Ideas…

Original Source Harlem Children’s Zone, the New York charity that President-elect Barack Obama has held up as a model for fighting poverty, laid off 10 percent of its staff this month because of the deepening economic crisis. “We thought this was a fiscally prudent move…

by Nancy Trejos Jan Fitzsimmons had the luxury of being able to retire at 47 after 22 years of service with the U.S. Navy. But retirement turned out to be not so luxurious. Now 52 and renting an Arlington townhouse, she is looking for part-time…

by LAURA M. HOLSON A year ago, Robert Paynter was comfortably retired and looking forward to years of refurbishing old cars and boating from his dock on Lake Norman in North Carolina. Over a 17-year career at Wachovia, he amassed a pile of stock and…

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…

by WILLIAM M. BULKELEY One in five middle-aged workers stopped contributing to their retirement plans in the last year, and one in three has considered delaying retirement, according to a new survey by AARP, an advocacy group for older Americans. The numbers, from an AARP…

By GLENN COLLINS Could we have picked a worse time for a gala? asked Richard J. Moylan, president of Green-Wood Cemetery in Brooklyn, regretting the disappointing turnout for the institution's fund-raising dinner on Friday night. He could have spoken for hundreds of nonprofits of all…