When Neal St. Anthony called last week for background for his “Charity Funders Feeling Pinched” story, he was probably hoping for some dramatic news about a rosy outlook for 2009 — aren’t we all?
We at MCF don’t have a crystal ball, but we have gathered lots of information from our members about what they anticipate for the year ahead. And while their predictions aren’t necessarily rosy, our outlook has some glimmers of hope . . . and lots of heart.
At three member roundtable discussions about the economy in November, the outpouring of concern for nonprofits and the community was consistent. MCF members challenged each other to respond quickly and creatively. Could the adversity create opportunities for innovation? Will this bump in the road force us to refocus on our missions?
From our 2009 Outlook Report survey of members and other large foundations and corporate giving programs, we learned that many foundations are doing everything they can to maintain giving levels despite dramatic asset declines. Respondents reported across-the-board reductions in administrative costs, staff cuts, and streamlined processes. In addition, some noted that they’re adjusting giving guidelines to be responsive to immediate needs, and others are offering non-monetary technical assistance and in-kind support.
You can read more about our 2009 Outlook Report next week, including how future grant amounts are expected to be affected by the economy. In the meantime, let’s all continue to share compassion and remain hopeful for the new year.
– Wendy Wehr, MCF Vice President of Communications and Information Services