The following articles were offered by the Minnesota Council of Foundations:
Economy
Nonprofits Fear Charitable Giving Will be Cut by More Than 10%
Investment News: The banking and finance industries make up 25% of foundation support, study says.
Donors Find Gift Annuities Can Stop Giving
Wall Street Journal: The economic downturn could cause some charities to have trouble meeting their annuity obligations.
From the Answer Desk: How Can Foundations Avoid or Address Financial Emergencies?Foundation Center: There’s no single answer that will be right for all organizations. Here are 10 resources that may help.
Recession Slams U.S. Arts Organizations
Philanthropy News Digest: U.S. Art Organizations fight the economy and the perception that donations to the Arts are frivolous in tough economic times.
National
Nonprofit Groups Receive Mixed Results in Obama’s Budget
The Chronicle of Philanthropy: The $3.5-trillion federal budget that President Obama has proposed for 2010 would affect federal programs in a variety of ways that affect charities.
Highlights from President Obama’s Budget Proposal
The Washington Grantmakers Daily: Seven articles about President Obama’s budget and how it will impact different nonprofits.
Michelle Obama Announces $50 Million Fund for Nonprofits
The Washington Post: Michelle Obama unveils Social Innovation Fund. Initiative to provide capital to support innovative nonprofit organizations and to help social entrepreneurs expand.
Philanthropy Adapts to the Obama Era
The American Prospect: One philanthropist reports feeling he has a “partner, not an adversary” in new administration. A reflection on philanthropy and its relationship with both past and current administration.
Charities Reap Benefits of Contests on the Internet
The New York Times: The opportunities for nonprofit groups to win money through contests are proliferating.
Target, Facebook Team Up and Let 10 Charities Compete for $$$
Star Tribune: Target Foundation asks facebook members to vote on distribution of $3 million among ten different charities.
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