Philanthropic practice

The Economics of Arts, Artists, and Culture

November 22, 2009 by Steve

Like most Americans, you may be baffled by the continued optimism of our President and his advisors about the economy. Every month more people are laid off, unemployment mounts, and thousands of small businesses, including those headed by artists, collapse. More people lose their homes to foreclosure. Economists are beginning to murmur that deepening unemployment could extend the recession and that the federal debt-financed stimulus program is not enough.

Graceful Exit

November 22, 2009 by Steve

The current economic climate has forced many nonprofit arts organizations to confront underlying issues. Tensions mount, dollars are scarce, and unresolved weaknesses or fissures often grow. We have seen heartening examples of artists, donors, audiences, and funders rallying to support the art and organizations that they love. In some cases, streamlined, more focused organizations are forging ahead with renewed determination. But in other cases, the economic downturn may herald the time to close the doors.

November 19, 2009 by Steve

Current Funding

November 19, 2009 by Steve

As funders we have three main challenges: first, getting a handle on the extent and impact of the recession; second, exerting leadership — being bold, positive, and opportunistic without being insensitive; and third — and most important — asking ourselves the same tough questions that we are asking grantees: how do we slip the vice-like grip of old mindsets and behaviors and adapt so we increase our relevance, resilience, and meaningful contributions to our community?
— Foundation President

November 13, 2009 by Steve

This arts and culture grantmaking case study is among the latest in a series of Diversity in Philanthropy Project (DPP) reports that examine how foundations can more effectively achieve excellence in various social, economic, and cultural investment arenas by expanding their focus on diversity and inclusivity.

November 12, 2009 by Steve

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.

Funders Convene in Seattle

November 12, 2009 by Steve

What do we know about the prospects for foundation funding in the next 12-24 months?
Edward Pauly, Director of Research and Evaluation, The Wallace Foundation
For Philanthropy Northwest and Grantmakers in the Arts
December 4, 2008

I appreciate being invited to participate in this important conversation.

Overhead Isn't Everything

November 12, 2009 by Steve

Alana Conner Snibbe, in this article published by the Stanford Social Innovation Review, explores the often misleading relationship between nonprofit overhead and efficiency, and the pitfalls inherent in measuring a nonprofit's well being by its overhead ratio.

Available free online from Stanford Social Innovation Review

November 12, 2009 by Steve

This short web article by Rob Reich explores the role tax deductions play as an incentive to charitable giving.

A free article from the Stanford Social Innovation Review

Philanthropy, Inc.

November 12, 2009 by Steve

In a broad, historic shift, and under a variety of names - like cause marketing or strategic philanthropy - large corporations are changing the way they view their charitable donations. Most appear to want a closer alignment with their business objectives

Available free online from the Stanford Social Innovation Review

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Philanthropy, Inc.
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