Minnesota Council of Foundations offered the following roundup of media coverage of the world of philanthropy and nonprofits.
Economy:
Financial Safety Net of Nonprofit Organizations is Fraying, Survey Finds
The New York Times: Only 12 percent of nonprofits surveyed expect to end the year with an operating surplus.
Foundation Giving in ‘08 Defied Huge Asset Decline
The New York Times: Foundation giving for 2008 fell by just 1 percent on an inflation-adjusted basis.
Downturn Thinning Ranks for Charity Walkathons and Other Events
The Chronicle on Philanthropy: Pledge-based fundraising events are attracting fewer participants who fear they won’t meet pledge-collection commitments.
Silver Lining of Downturn: Pro Bono Aid
onPhilanthropy: Many law firms are increasing pro bono legal programs, which is good for nonprofits.
As Detroit Struggles, Foundations Shift Mission
The New York Times: Faced with declining resources and exploding need, foundations are picking winners and losers.
National:
National-Service Bill Clears Final Major Hurdle, Winning Senate Approval
The Chronicle of Philanthropy: U.S. Senate adopts Serve America Act.
Analysts: Giving by Wealthy Would Decline Slightly Under Obama Budget Proposal
The Washington Post: Under Obama’s proposal, the tax deduction for those with incomes over $250,000 would be capped at 28 cents on the dollar.
Senate Measure Seeks to Spur Foundations to Give More
The New York Times: Senators introduce legislation encouraging foundations to give away more of their money.
Giving Less but Leading More
onPhilanthropy: It’s vital to showcase foundations’ value beyond dollars and cents.
Community Foundations Increase Funding for Human Services
Dayton Business Journal: Fifty-one percent of community foundations are increasing funding for human services assistance in 2009.
Council Tells Lawmakers 28% of Donor-advised-fund Grants Went to Social Services
The Chronicle of Philanthropy: More than a quarter of grants support basic social services.
Pay at Nonprofits Gets a Closer Look
The Wall Street Journal: Nonprofits bracing for scrutiny of their executive pay practices.
YouTube Ads Earn Nonprofit $10,000 in a Single Day
Watching TV Online: YouTube launches “Call to Action” feature.
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