Despite signs the economy is improving, nonprofits that rely on state money should brace for at least two more years of tough times, a new report warns.
The report, prepared by Changing Our World, a philanthropy consulting firm, traces the evolution of the economic crisis, assesses its impact on state budgets, and explores whether philanthropy can make up for the loss of government spending on social programs.
November 13 2009, The Financial Times — The holiday season has come early at New York University’s Stern school of business, which has received a $20m gift from hedge fund founder John Paulson. Mr Paulson is an alumnus of the school, graduating with a bachelor degree in 1978.
Burlingame, CA, August 31, 2009 — Tactical Philanthropy Advisors, an advisory firm working with wealthy individuals and families, launched today. It is headed by Sean Stannard-Stockton, co-founder of a wealth advisory firm focused on philanthropists, a columnist for the Chronicle of Philanthropy and author of the industry leading blog Tactical Philanthropy.
June 25, 2009, The Financial Times — In the early days of the Global Philanthropy Forum, a strong belief guided Jane Wales, its president and chief executive, as she developed the conferences and workshops offered by the US-based organisation. “It’s like doing exercise,” she says. “You are much more likely to stay with something if you have a community of colleagues with which to pursue that work.”
June 18, 2009, The Financial Times — George Soros, the billionaire investor and philanthropist, is giving $100m to central and eastern Europe to counter the impact of the economic crisis on the poor, voluntary groups and non-government organsations.
London, April 5, 2009, Financial Times — Jet-setting consumers with a social conscience will soon be able to supplement their governments’ support to the poor through personal contributions each time they buy air tickets.