Close to Two-thirds of Foundations Expect to Reduce Their Grants in 2009

This Foundation Center research advisory is the latest in a series that explores the impact of the economic downturn on the nonprofit sector. The advisories and the online chart "In Their Own Words: 2009 Foundation Giving Forecast" are available at the Center's "Focus on the Economic Crisis" web page, which offers a variety of resources to help nonprofits and foundations deal with the challenges of the unstable economy. Also available there is the Center's interactive map that displays the most recent data available on U.S. foundation support for the crisis, totaling more than $175 million to date.