Economic Turmoil and Change

Tough times can often be a springboard for creativity; when no one’s job is safe, no one’s house is secure and no one knows exactly what to do about it, artists get to work.  Read more.

Last week, President Barack Obama released his administration’s fiscal 2010 budget outline. The budget is an ambitious agenda that tackles health care reform and the economy while underscoring President Obama’s pledge to remain fiscally responsible. Read more.

Delaware Valley Grantmakers’ recently completed survey of its members provides insight into how the nationwide economic crisis will impact the regional giving in the coming year. For our 2009 Philanthropic Outlook Survey, 50 DVG members representing a range of funder … Continue reading →

Some $318 billion over the next decade is expected to come from capping the value of itemized deductions—including those for charitable contributions—for the wealthy. The change could squeeze a large source of money for U.S. nonprofit organizations. Individual contributions are … Continue reading →

Sure enough, the ink hardly dried on the American Recovery and Reinvestment Act of 2009 before the predictable chorus of complaints could be heard regarding the inclusion therein of $50 million worth of support for the National Endowment for the … Continue reading →

When Congress voted on President Obama’s $787-billion stimulus package, fiscal conservatives slammed the NEA’s $50-million allocation. It wasn’t the first time the agency, whose 2008 budget was about $144 million, had been thrust under the microscope… Click on the photos … Continue reading →

Not many people would argue that fewer jobs for dancers are a boon to ballet, or shrinking advances are good for literature, or newspapers in bankruptcy are good for journalism. But it’s become commonplace to declare, as the (New York) … Continue reading →

THE AMERICAN RECOVERY AND REINVESTMENT ACT OFFICIAL WEB SITE “The American Recovery and Reinvestment Act will be carried out with full transparency and accountability—and Recovery.gov is the centerpiece of that effort. In a short video, President Obama describes the site … Continue reading →

“The truth is I must have a change of some sort, or die,” Abraham Lincoln said when criticized for attending opera while the Civil War raged. The quote, cited during a National Public Radio report on the 16th president’s musical … Continue reading →

Within 24 hours of announcing a free consulting program for any troubled arts organizations in the country, Michael Kaiser, president of the John F. Kennedy Center for the Performing Arts, received 110 emailed pleas from 31 states. “We even got … Continue reading →