As reported in the Boston Globe. Those involved in the nonprofit sector say such deals have increased in the last decade, but are accelerating now as organizations face a drop in donations and cuts in funding due to the recession. … Continue reading
GIA Blog
In December 2008, Fiscal Management Associates (FMA) and the Nonprofit Finance Fund (NFF) joined together to present a workshop that offered nonprofit leaders concrete tools to lead their organizations during this challenging time. The sponsors of the event, The Clark, … Continue reading
The National Endowment for the Arts today announced $19.8 million in one-time grants under the American Recovery and Reinvestment Act of 2009 (Recovery Act) to the state arts agencies and regional arts organizations to support the arts sector of the … Continue reading
Luis A. Ubiñas, president of Ford Foundation, announced the results of Ford’s year-long evaluation and planning process today. “A year ago, we set out to ensure that the Ford Foundation’s grant making was addressing the challenges of the next generation. … Continue reading
Op-Ed published in the Pioneer Press by Kate Wolford, president of the McKnight Foundation More than 1.6 million Minnesotans voted to amend our state’s constitution in November. By passing the Clean Water, Land and Legacy Amendment, Minnesotans cast a historic … Continue reading
GIA is presenting a phone forum with Bill Cleveland on April 22. On this call, Bill Cleveland of the Center for the Study of Art & Community will examine the range of funding, advocacy, technical assistance and partnership strategies that … Continue reading
With the recent downturn in the economy, the negative impacts on foundation endowments, and the interest of foundations to continue critical grantmaking at 2008 levels, many foundations are now contemplating whether they should be looking into additional sources of funding, … Continue reading
It feels that there isn’t a lot that one can do these days to plug the dike. Organizations are hurting, foundations are cutting back and public arts agency budgets are prime targets for invasion by elected officials. What’s pretty obvious is that there is no bailout for the nonprofit arts sector. Private foundations cannot replace public dollars and governmental agencies don’t have the resources to substitute for private philanthropy. If we are all in this together…how are we strategizing together to maintain a level of support for the arts in our communities?
There’s a difference in being in denial about the state of the economy and projecting an optimistic attitude. Can institutions take a cue from human psychology? “I have a new client, a laid-off lawyer, who’s commuting in every day — … Continue reading
Are museums the talking-motion-pictures of this recession? The recession is hitting museums hard from coast to coast, forcing directors to boost admission fees, cut budgets and staff, and put ambitious projects on hold. But in a twist on the bleak … Continue reading