Tag Archives: Foundation Center

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Foundation Leaders Say State Budget Cuts Are Hurting Charities

A new survey of foundation leaders underscores the strain many nonprofits are under because of state budget cuts.

About 95 percent of 75 leaders surveyed said some of their grantees had been affected by the cuts, and 58 percent said most or all of them had. One-quarter said some grantees had been forced to suspend operations either temporarily or permanently.

Almost half said they had awarded grants or provided other assistance in direct response to reductions in state aid, and one-third said t…