Executive Issues

Carl Bloom Associates Finds Public Libraries' Fundraising Results Still Good Despite Bad Economy
February 13, 2009

Fundraising results from Carl Bloom Associates’ Direct Marketing Library Consortia ; a cooperative group of big and small public libraries across the country ; were very strong in the last few months of 2008.  Acquisition direct mail response rates were more than double those for the year before for one co-op member and up about 80% year-to-year on average for all participating libraries.

Raising Money for Nonprofits in Terrible Times
February 13, 2009

Julie Lucas, the head of fund-raising for Fordham Law School, is trying to raise $100 million at a time when few people are giving money and universities are still seen as having lots of it.

Compromise Stimulus Plan Restores Some Social Spending
February 13, 2009

Details of the agreement between congressional leaders on a compromise economic-stimulus measure are not yet all available, but an initial summary shows that lawmakers restored some social spending that had been cut in the Senate version of the bill.

Battered Nonprofits Seek to Tap Nest Eggs
February 12, 2009

Universities, museums and other nonprofits battered by investment losses are pushing states to ease legal limits on spending so they can tap their endowments to avoid imminent layoffs and deep cuts to programs.

Jewish Funders Network's Crisis Loan Fund to Help Nonprofits Hurt by Madoff Ponzi Scheme
February 10, 2009

The Jewish Funders Network announced today the launch of a Crisis Loan Fund to assist nonprofits harmed by the Madoff Ponzi scheme.  With an initial pool of $5 million, The Crisis Loan Fund will provide bridge financing and interest subsidies to eligible 501(c)(3) nonprofits facing budget shortfalls as a result of the scheme.  The fund was created through a collaboration of JFN members.  JFN has also launched a Pro Bono Resource Bank that offers consulting services to nonprofits who are struggling in this down economy.

Asset Declines and Investment Strategy Changes by Family, Independent, and Public Foundations
February 9, 2009

Survey results just released by the Council on Foundations at the Family Philanthropy Conference in Indianapolis showed that family, independent, and public foundations experienced a 28 percent decline in their asset values over the course of 2008.  Many foundations have not made major changes to their investment strategies, but a substantial proportion are making changes in their investment managers, their diversification, and aggressiveness of their investment strategies.