Facilities / Capital support
Published in The Chronicle of Philanthropy, Volume XXI, No. 6, January 15, 2009, 2pg.
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Read More...In the aftermath of the economic tsunami, many non-profit organisations will be called upon to do more with less. As in past recessions, they will work to protect a mounting roster of victims from hunger, homelessness, ill-health and physical abuse.
Board members, donors and managers in the social sector will need to summon their courage and embrace an “equity ethic” to ensure that they and the organisations they support will be able to stay the course for the people who need them. To do so, they will need to tame one of their strongest impulses: to do more.
Read More...— Foundation President
In late January GIA polled its 309 member organizations about their organization's responses to the economic downturn. 117 (38%) members responded, which provides a healthy sample of the membership.
Members reported their expected 2009 arts grantmaking would likely compare to 2008 as follows:
- 41% expected that 2009 would be the same as 2008.
- 13% expected that it would be reduced to 90% of 2008.
- 12% expected that it would be reduced to 80% of 2008.
- 11% expected that it would be reduced to 70% of 2008.
2005, 11 pages. TCC Group, 31 West 27th Street, 4th Floor, New York, NY 10001, (212) 949-0990
Read More...2008, 23 pages. TCC Group, 31 West 27th Street, 4th Floor, New York, NY 10001, (212) 949-0990
http://www.tccgrp.com/pdfs/MaximizingFoundationEffectiveness.pdf
Read More...Sue Coliton, Paul G. Allen Family Foundation (moderator); Nancy Fushan, Bush Foundation; Lawrence Thoo, San Jose Office of Cultural Affairs; Ben Cameron, Doris Duke Charitable Foundation (interlocutors).
The Prince Charitable Trusts were established fifty years ago by the Prince family. The foundation has grantmaking programs in three geographic locations: Chicago, Rhode Island, and Washington D.C. The Trusts' assets total $160 million with projected 1998 grant distribution of $7 million in the three locations.
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