Indianapolis, July 27, 2009 — Lumina Foundation for Education awarded grants totaling more than $18.3 million in the second quarter of 2009. These grants went to 25 organizations in 10 states and the District of Columbia.
CHICAGO, April 1, 2009 — Feeding America today announced that they have received an inaugural grant of $300,000 from the Nationwide Foundation. The funds will be shared by the national office of Feeding America and 15 member food banks in communities where Nationwide Insurance associates live and work.
Often the last resort for those in need, the Salvation Army in some cities is experiencing a budget crunch of its own despite a sharp increase in donations.
NEAL BENEZRA is not a showman. But as museum directors nationwide face plummeting endowments and potentially crippling budget cuts, Mr. Benezra’s even-keeled approach and penchant for collaboration in his stewardship of the San Francisco Museum of Modern Art may be a blueprint for how to endure the financial uncertainty.
Investors aren't in a giving mood these days. But the deepening recession presents a rare opportunity for some people: By setting up a special trust, wealthy donors can seed favorite charities, pass money to heirs and shelter potential growth from taxes.
It’s no secret in the nonprofit fundraising world that the days of donors writing checks and then forgetting about their charities of choice until the same time the following year are coming to an end. Donors increasingly are reaching out to the organizations they support more as partners than as mere checkbooks. Organizations that respond in kind foster the best relationships and, hence, the most loyal donors. It could be somewhat of a difficult transition for some of the more old-school nonprofits out there. But it suits City Year just fine. The 20-year-old organization, which enlists young adults in a year of service in