Economy Roundup

Local media coverage of MCF’s 2009 Outlook Report:

Other stories about how the economy is affecting philanthropy and nonprofits:

  • Charities Feel the Pinch During Economic Crisis
    PBS NewsHour: Charitable groups across the country are feeling the pinch as the economic crisis has frozen people’s pocketbooks and slowed rates of charitable giving. Philanthropy executives give an update.
  • Nonprofit Leaders See “Darwinian” Times
    Boston Business Journal:
    Panelists at a foundation/nonprofit event acknowledged that some nonprofits are not strong enough to power through the struggling economy and that “tough love” might be what the nonprofit sector needs to weed out organizations that are poorly run or not focused in their strategies.
  • Time To Look Up
    OnPhilanthropy.com: When you teach children to play basketball, they always look at the ball when they are dribbling. And you run up and down the side of the court shouting “Look Up! Look Up!” And, of course, they don’t. They don’t because they are afraid they will lose control. And, as in life, the illusion of control provides comfort in the face of uncertainty. Then sometime around second grade, your point guard starts down court and he or she looks up! And then, and only then, can you begin to play the game. It is time for us all to look up.
  • A Giving Recession?
    Economist.com: Among the more difficult things to forecast for 2009 is what will happen to giving.
  • Recession Hits Arts Groups Especially Hard
    Chronicle of Philanthropy: For some cultural groups, the strain has already reached a crisis point.

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