Monday, September 19, 2011
Foundations Step In to Help Grantees Weather State Budget Cuts, Report Finds | PND | Foundation Center: Based on responses from seventy-five members of the Grantmaker Leadership Panel — more than two hundred CEOs at leading U.S. private and public foundations — the study, Foundation Leaders Address the State Budget Crises (4 pages, PDF), found that a quarter of the funders reported having grantees that were forced to suspend operations. To remedy the situation, about half the funders surveyed have provided assistance to affected nonprofits, while two-thirds expect to increase funding for organizations that serve vulnerable populations in general.
Donors Hike Support for Canadian Hospitals to More than $1.2 Billion, But Giving is Still Short of Pre-recession Level: WASHINGTON, D.C., (September 19, 2011) – Donors to Canada’s health care institutions increased contributions by $80 million last year, but the much needed financial booster shot remained far below amounts raised before the recession hit. While charitable cash and pledges in FY2010 totaled $1.204 billion, 7.1 percent more than in FY2009, they were $133 million less than the total of funds raised in FY2007.