Economy:
- Nonprofits Team Up for Sake of Survival Dayton Daily News: The Dayton Foundation is launching an initiative to help nonprofit organizations forge possible alliances to survive in this shaky economy.
- Charities Merge at Almost the Same Rate as Businesses Chronicle of Philanthropy: In the for-profit world, investment banks act as match makers, shopping deals to potential merger partners. Nonprofit mergers don’t offer the same financial payoff, and as a result, there are no intermediaries scouting for logical charity mergers. The co-authors of a new report think that grantmakers could play that role.
- Global Giving: Not So Bleak Fortune: The more dire the outlook, the more the need for giving. Turns out, powerful people are getting more aggressive rather than stepping back. Technology helps. So does an influx of talent.
- In Uncertain Times, Donors Hold Back New York Times: However, there are ways donors might give in tough times without putting themselves in financial peril, should the economy and financial markets continue their fall.
National:
- Obama Plan Would Reduce Charitable Deduction for Some Wealthy Donors Chronicle of Philanthropy: President Obama’s plan to revamp the health-care system could come at a significant cost to charities that rely on wealthy individuals for donations.
- Gifts of $1M or More Down in Second Half of 2008 Philanthropy News Digest: Although the number of individual gifts fell, the number of $1 million-plus awards from foundations in the second half of 2008 increased 10 percent from the same period a year earlier.
- What Can Individual Donors Learn from Corporate Philanthropy? The Wall Street Journal talked with three corporate leaders to find out how big companies make charitable gifts and what their practices can teach individual givers.
- Google Switches Approaches to Charity Wall Street Journal: Google has decided to focus on projects that “make the most of Google’s strengths in technology and innovation.”
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