Creating more strategic, financially savvy, and confident nonprofit leaders and organizations.
While everyone is thinking and worrying about the economic crisis and the potential detrimental effects on the nonprofit sector, an idea occurs to me. With the continuing volatility in the stock market and a dark economic forecast at least for the next few months, perhaps the next year, foundations and individuals won’t make money on […]
By Nell Edgington Leave a Comment
The Foundation Center just released a pretty encouraging report analyzing the trends in foundation giving during economic downturns. The data (since they started tracking it in 1975) shows that in past recessions, foundation giving was only marginally affected, if at all. Because foundations tend to determine their payout amounts based on a 2-5 year rolling […]
By Nell Edgington Leave a Comment
Things are definitely happening. While our country is struggling to address the largest financial crisis since the Great Depression, to elect a new President, and so on, new ideas in the social sector are building momentum. Here are just a few examples from the past week of a growing movement: The SoCap 2008 (Social Capital […]
The economic uncertainty is starting to hit the nonprofit sector. Some foundations are already talking about how, given the devaluation of financial assets, grants will be smaller in number and size in the coming year. And wealthy individuals, suffering similar financial hits, will likely restrict their giving. At the same time, the need for the […]