While in Chicago, I attended a presentation on the role of community foundations in today’s giving environment. Jason Baxendale, director of gift planning for The Chicago Community Trust, and Terry Shavone, The Columbus Foundation’s vice president for donor services and development (both of which are ranked in the top 10 largest community foundations in the… Read more »
Posts Categorized: Funds and Funders
Making the Most of Changes in Corporate Giving
This past Saturday I was interviewed on a Maryland radio station about the state of corporate philanthropy. In reviewing the latest data beforehand, I came across two blog-worthy points. The first is the growing trend of companies seeking alternatives to cash giving to support charitable activities, such as promoting employee volunteerism or offering staffers paid… Read more »
Keep Your Funders in the Know
Last Thursday’s Funders Forum, held by Volunteer Hampton Roads and moderated by Keith, gave nonprofit professionals and board members a direct line to a panel comprising the Hon. Richard Bray of the Beazley Foundation, Angelica Light of the Hampton Roads Community Foundation, Deborah Wyld of the Norfolk Southern Foundation, Michael Howland of the Southeastern Council of… Read more »
Funders Point Out Red Flags at Forum
Plenty of helpful insights were shared at yesterday’s Funders Forum, which was produced by Volunteer Hampton Roads, moderated by Keith, and well-attended by nonprofit professionals and board members. The panel of funders was impressive: the Hon. Richard Bray of the Beazley Foundation, Angelica Light of the Hampton Roads Community Foundation, Deborah Wyld of the Norfolk… Read more »
Grant-Making Up Among Smaller Foundations
A new study by Foundation Source reports that the number and size of grants of less than $1 million increased by 15 percent in 2009. The firm, which provides services for small and medium-size philanthropies, based its findings on data collected by processing grants from nearly 700 client foundations. This runs counter to the trend… Read more »
Upswing in Corporate Giving? What It Means
An article in The Chronicle of Philanthropy last week reported that “cuts to corporate giving budgets are slowing this year.” A study by the Conference Board said 20 percent of the businesses surveyed plan to reduce their charitable giving in 2010, compared with 53 percent in 2009. While this is good news, it doesn’t mean… Read more »
How Much Should You Rely on Corporate Giving?
A Jan. 14 article in Business Week discussed the decline in corporate philanthropy during the economic downturn. It also pointed out that companies are giving more strategically, often contributing to causes that will raise their visibility. This is another good reason to diversify your funding sources. As Keith noted in our last blog post, corporate… Read more »
The Latest on Foundation Grantmaking
A new report just released by the Foundation Center says that in 2010, foundation giving will drop more than was predicted earlier this year. Half of 583 grantmakers surveyed said they will keep their giving steady at 2009’s reduced levels. Of the rest, 26 percent expect to decrease their giving, 17 percent will increase it, and… Read more »
