Economic Turmoil and Change

“A new GuideStar survey shows that the proportion of charity representatives reporting decreased contributions nearly doubled between 2007 and 2008, and that almost half of participants from nonprofits that rely on end-of-year gifts expect donations to decline during the last … Continue reading →

“Despite a tough economic environment, the holiday season is still a time for giving back. According to PayPal’s 2008 Holiday Survey conducted by Ipsos, nearly three quarters (73 percent) of online shoppers intend to give to charity this season, compared … Continue reading →

“The weakening U.S. economy will force many U.S. adults to cut back on holiday gift spending this year but will also make some more likely to give a “charitable gift” as a present this holiday season, according to a World … Continue reading →

“Many of the nation’s largest companies expect their charitable giving to remain flat or decrease this year amid turmoil in the country’s housing and financial markets, according to a new Chronicle survey. Of the 77 businesses that offered predictions for … Continue reading →

As a nation and as funders, we find ourselves in uncharted territory. The fundamentals of our economic and political lives are shifting beneath our feet. In the months ahead, much of the work that philanthropy and the nonprofit sector have … Continue reading →

Nonprofit professionals reported the lowest level of confidence in the fundraising climate in more than a decade, the latest edition of the Philanthropic Giving Index (PGI) from the Center on Philanthropy at Indiana University finds. Based on a semi-annual national … Continue reading →

“Even before the downturn, arts and culture organizations in Chicago saw cutbacks in public financing. Now they are reporting reduced ticket sales and increased costs for out-of-town tours. “In response, MacArthur has increased our annual operating support for arts and … Continue reading →

“U.S. foundations are in a tight spot. Their assets have taken a beating in a stock market that still hasn’t hit bottom. But U.S. nonprofits are hurting more. Demand for their services is increasing as people lose jobs and homes, … Continue reading →

In Cincinnati, a city with an oft-battered image and struggling sports teams, arts and cultural institutions are among the assets that make the region a place people want to live, work and establish a business. “This is forcing everyone to … Continue reading →

The John S. and James L. Knight Foundation plans to meet its existing philanthropic commitments, but is cutting administrative costs due to investment losses, says Alberto Ibargüen, the fund’s president. In a video on the foundation’s Web site, Mr. Ibargüen … Continue reading →