June 24, 2009, The Washington Post — More than half of Washington area charities had dangerously low operating reserves even before the recession began, leaving them especially vulnerable to service reductions in a time of sharply declining revenue, according to a new report.
Executive Issues
New York, NY and San Francisco, June 23, 2009 — Foundation giving specifically targeted to benefit women and girls has surpassed the rate of overall foundation giving in recent years, and women's funds are a rapidly growing and influential force within philanthropy, according to a new report jointly released today by the Foundation Center and the Women's Funding Network.
June 22, 2009, The Globe and Mail — As social, educational and environmental agencies and other not-for-profits struggle with reduced funding, it's a good time to take on questions about the business community's responsibility to provide support, especially in a downturn.
June 18, 2009, ABC News — Americans are generous people, donating more money to charity than any other country in the world. But in a recent ABC News poll almost half of those surveyed said they would give less money to charities this year.
June 12, 2009, WASHINGTON, The News Observer — The brute force of the recession earlier this year turned back the clock on Americans' personal wealth to 2004 and wiped out a staggering $1.3 trillion as home values shrank and investments withered.
June 14, 2009, The Chronicle of Philanthropy — Fund raisers might want to be more concerned about shifting demographics than economic swings, Judith E. Nichols, deputy director for external affairs at the Brooklyn Public Library, told fund raisers on Friday.
June 9, 2009, The Wall Street Journal — The global economy may be close to rebounding, but the $11 billion of wealth that dissolved in 2008 will have long-lasting effects on all types of charitable organizations, speakers at the Boston College Center on Wealth and Philanthropy Conference said Tuesday.
GLENVIEW, Ill., June 10, 2009 — Charitable giving in the United States exceeded $300 billion for the second year in a row in 2008, according to Giving USA 2009. Donations to charitable causes in the United States reached an estimated $307.65 billion in 2008, a 2 percent drop in current dollars over 2007.
June 6, 2009, New Haven, Conn., The Wall Street Journal — Richard Levin, the longest serving president in the Ivy League, had enjoyed a charmed run at Yale. In his first 15 years Yale's endowment notched up the best returns of any university's, and its innovative investment strategy became a model for many others. Mr. Levin rode the bull market to restore morale, launch a building spree, and strengthen the school in sciences and internationally. Yale dollars even spruced up shabby New Haven.
June 8, 2009, CTV.ca — Canadians gave $1.1 billion more to charitable and non-profit organizations in 2007 than they did in 2004, Statistics Canada reported Monday.