Financial Times

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.

April 30, 2009, The Financial Times — More than a third of UK museums and galleries have received more visitors since last autumn’s intensification of the economic downturn – in spite of having to deal with cuts in their budgets.

April 12, 2009, Financial Times — The pain from the financial crisis has been evenly spread around, but charities have been hit from a number of directions.

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.

March 30, 2009, The Financial Times — Financial services executives are increasingly offering their skills to provide free advice to charities, even as their public image is battered by the economic crisis.

British corporate philanthropy is expected to fall by more than a third over the next year as a result of the financial downturn, according to a poll of 450 business leaders released on Monday.