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The Chronicle of Philanthropy

How Charities Cope With a Troubled Economy

The financial crisis embroiling the United States has many charities worried about how to manage their finances, raise money, and keep up with growing demand for services.

To help readers navigate the challenges, The Chronicle has compiled recent stories, live discussions, and statistics about how charities deal with turbulent times.


Jamie Gaskin is one of many nonprofit leaders who have been able to guide their charities through economic challenges. Mr. Gaskin, who oversees the Boys & Girls Club in Flint, Mich., has worked closely with his board of directors to identify new sources of money and appeal to his community's needs in the face of a bleak economy. (Photograph by Santa Fabio, for The Chronicle)



Careers

A Growing Leadership Gap
Need for qualified executives persists even as charities trim staffs (4/23/2009)

Company's Nonprofit Academy Helps Prepare Leaders(4/23/2009)

Lending a Hand in Hard Times
The recession forces charities to get creative as they recruit Americans to volunteer (1/29/2009)

Opinion:
Adding to the Nonprofit Work Force Is a Smart Way to Stimulate the Economy (1/19/2009)

Worth the Price?
Charities think twice about using expensive executive-search firms (12/11/2008)

Rethinking Nonprofit Jobs
Competition and the bad economy force charities to get creative (11/13/2008)

Job-Market Jitters
The poor economy is making it hard for fund raisers to find work (9/4/2008)

Fund Raising

How Different Types of Charitable Causes Are Faring in the Downturn (June 18, 2009)

Giving Takes a Beating
Donations dropped by 5.7% last year, new report says (June 18, 2009)

When Will It End?
If this recession turns out to be like the one in the mid-1970s, donations won't rebound until at least 2012 (June 18, 2009)

International Fund Raising
Lessons Learned (6/4/2009)

Online Giving Slows
Charities look for ways to raise smaller sums from more donors (5/7/2009)

Rebuilding Buckeye Business
Ohio grant makers help position the region for economic recovery (5/7/2009)

Charities Work to Lure More Start-Up Businesses to Cleveland (5/7/2009)

Animal Charity Ponders Ways to Make the Most of Text Messages in Seeking Gifts (5/7/2009)

Charity Athletic Events Fared Well in 2008, but the Forecast for This Year Is Not So Sunny (5/7/2009)

Fund Raisers Urged to Pursue Childless Donors for Bequests (4/9/2009)

Fewer Than Half of Charities Raised More Money in 2008, Study Finds (4/9/2009)

How Charities Can Find Donations Even in Tough Times (4/1/2009)

Youth Charities Work Together on Planned Giving (3/26/2009)

Opinion: Appealing to a Donor's Heart Matters in Tough Times (3/26/2009)

Salvation Army Kettles Raise Record Donations (3/18/2009)

Foreclosure Cases and Drop in Giving Add to Legal-Aid Charities' Recession Woes (3/12/2009)

Despite Grim Outlook, Some Corporate Philanthropists Stay Upbeat (3/12/2009)

America's Biggest Foundations Won't Increase Their Giving in 2009, Says a New Report (3/12/2009)

Strains in the Safety Net
Social-service groups face growing demand and a drop in support (3/12/2009)

A Lesson in Character Development (2/26/2009)

Raising Money in Hard Times: a Special Report (2/26/2009)

Museum Finds a Way to Energize Revenues (2/10/2009)

A Year for Big Bequests
Richest donors gave $15.5-billion in 2008, but this year looks gloomy (1/29/2009)

2008 Results Mixed for Online Giving Sites (1/15/2009)

College Fund Raisers Predict Small Decline in 2009 Gifts (1/16/2009)

Special Report: Feeling the Squeeze
Charities and the Economy (1/15/2009)

Video: Feeling the Squeeze:
One Charity's Story (1/15/2009)

Charities Brace for a Tough Year and Seek Role in Recovery Plan (1/15/2009)

Group Urges Change in Gift-Annuity Payouts to Donors (1/15/2009)

A Mixed Outlook for Corporate Giving in 2009 (1/7/2009)

Nonprofit Groups Must Avoid Fear During Recession (1/5/2009)

Working for Miracles
Nonprofit groups are experimenting with new ways to ensure that donations flow over the holidays (12/11/2008)

Charities Explore New Ways to Lure End-of-Year Gifts (12/11/2008)

Americans Say Poor Economy Could Fuel Interest in Gifts of Charitable Donations, Polls Find (11/27/2008)

Stock Market's Drop Will Probably Reduce Number of Gifts of $1-Million to $50-Million (11/27/2008)

More Charities Report a Drop in Gifts This Year, Report Says (11/13/2008)

Giving's Tough Climate
Economic woes put damper on some donations (6/26/2008)

Audio: How One Charity is Bucking the Trend (6/26/2008)

Feeling the Squeeze
Some capital campaigns falter as the economy sours (5/15/2008)

Fund-Raising Strategies for Troubled Times (2/7/2008)

How a Recession Would Affect Fund Raising (2/7/2008)

How the Economy Affects Giving (2/7/2008)

29% of Americans Plan to Cut Giving This Year (9/18/2008)

Managing

Ford Foundation Offers Buyouts to One-Third of Its 550 Workers (June 18, 2009)

Community Foundations Fare Relatively Well During Recession, Report Says (5/28/2009)

Ford Foundation to Close Offices in Russia and Vietnam as Part of Cost-Cutting Effort (5/7/2009)

Recession and the Arts: Act II
Large institutions join the ranks of those making cuts, but creative strategies emerge (5/7/2009)

Opinion: Unprecedented Times Call for Unprecedented Actions (5/7/2009)

Opinion: With Stimulus Aid Coming, Charities Need to Build on Success (5/7/2009)

Opinion: Charity Loans: a Creative, Underused Form of Support (5/7/2009)

Nonprofit Financial Officers Expect Recession to Last Through Year's End (4/17/2009)

Riding Out the Recession
As revenues drop at many charity-run businesses, nonprofit leaders seek new ways to compete (4/23/2009)

Keeping Charity-Owned Businesses Afloat in the Economic Downturn: Tips From Experts (4/23/2009)

Charities Need Business Experts, but Few Ask for Free Help (4/23/2009)

A CEO Survival Guide for Tough Times (4/23/2009)

Opinion: Tough Times Require Change Throughout Philanthropy (4/9/2009)

Opinion: Congress Should Reject the Idea of Adding New Restrictions on Charities (4/9/2009)

Tightening Their Belts
Foundations expect to make grant-making cuts after a sharp drop in assets, Chronicle survey finds (4/9/2009)

Survival of the Fittest?
Charities, foundations struggle over restructuring in sour economy (4/9/2009)

Economic Woes Bring More Charities Together
Nonprofit organizations look to mergers and collaborations as a way of surviving in tough financial times (3/26/2009)

Joining Forces in the 'Back Office'
Collaborative effort by Minneapolis charities combines groups' administrative operations (3/26/2009)

Surviving Under One Roof
A merger between two Arizona domestic-violence shelters has brought numerous benefits -- and challenges (3/26/2009)

Fiscal Sponsorships Help Programs Keep Costs Down (3/26/2009)

Going Forward by Staying Together
A collaboration among three museums has expanded to include exhibits and capital campaigns (3/26/2009)

Opinion: Tread Lightly in Nonprofit Mergers (3/26/2009)

Opinion: Giving More Than Money Is Wise -- but Many Grant Makers Don't Know How (3/26/2009)

Rise in Federal Spending on Social Programs Not Enough, Critics Say (3/17/2009)

Résumé Builders
Charities see increase in volunteers fueled by laid-off workers sharing their skills and time (3/12/2009)

One in Five Charities Is Considering Mergers to Help Survive Hard Economic Times (3/12/2009)

Automated Legal Documents Assist People Without Lawyers (2/26/2009)

A Welcome Jolt
Nonprofit leaders prepare for infusion of funds from the federal economic-stimulus legislation (2/26/2009)

Letting Go
Layoffs at nonprofit groups are spreading — with many more expected in coming months (2/12/2009)

Culture Flash
How arts groups are exploiting technology to get a leg up in the recession (2/12/2009)

Opinion: Four Questions for Charities to Answer as They Seek to Thrive in Hard Times (1/29/2009)

Many Foundations Have Lost Nearly One-Third of Assets, Chronicle Study Finds (1/21/2009)

25 Percent of Charities Have Changed Investing Policies (1/15/2009)

Opinion: America's Greatest 'Public Works' (1/15/2009)

Opinion: Foundations Should Step Up as Obama Steps In (1/15/2009)

How Board Members Can Respond to Investment Turmoil (1/15/2009)

Map Tracks Grants to Help Charities Cope (1/15/2009)

Grants to Help Alleviate the Nation's Financial Woes: a Sampling (1/15/2009)

Survival Tips for Cash-Strapped Arts Groups (1/15/2009)

Most N.Y. Arts Groups Face Cuts Amid Weak Donations, Survey Finds (1/5/2009)

Recession Hits Arts Groups Especially Hard (1/2/2009)

Economy Has Harmed Finances at Many Charities (12/11/2008)

Foundation Assets May Have Dropped 30%, Expert Predicts (11/25/2008)

Opinion: Mergers Can Be a Tool for Charities in Tough Times (12/11/2008)

100,000 Nonprofit Groups Could Collapse in Next Two Years, Expert Predicts (11/27/2008)

Opinion: If You Just Follow the Latest Fad, What Happens When It Fades? (11/27/2008)

Audio: Tough Times for Foundations (11/25/2008)

Gates Foundation Will Scale Back Grant-Making Plans (11/21/2008)

As Endowment Values Plummet, Some Institutions Consider Suing Over Investment Advice (11/19/2008)

Nonprofit Boards Urged to Focus on the Challenges Posed by the Economy (11/13/2008)

Extending a Helping Hand
Foundations retool their grant-making plans as the economy declines (11/13/2008)

Opinion: How Grant Makers Should Respond to Hard Times (11/04/2008)

How Bad Is It?
Economy's downturn prompts new challenges for charities (10/2/2008)

Endowment Managers Consider How to Handle Downturn (10/2/2008)

Surviving Tough Times
How five charities overcame financial challenges (9/18/2008)

One of the Nation's Biggest Grant Makers Founders During Tumult (10/2/2008)

Bracing for Tough Times
Many charities feel vulnerable as economy slips (2/7/2008)

A Charitable Divide
As wealthy institutions report record fund-raising gains, social-service groups struggle to stay afloat (1/10/2008)

Live Discussions

The Changing Role of Foundations (June 11, 2009)

How Much Has the Recession Hurt Charitable Giving? (June 10, 2009)

Promoting Causes on Online Social Networks (June 2, 2009)

New Ways for Arts Organizations to Finance Their Operations (5/28/2009)

Smart Strategies for Small Charities
How to Make the Most of Limited Resources (5/19/2009)

Financial Management in Tough Times: Financing Options (5/14/2009)

Direct-Mail Workshop: Writing and Designing Winning Appeal (4/28/2009)

Starting and Building a Career in the Nonprofit World (4/21/2009)

How Grant Seekers Can Write Sharp Proposals in Bad Economic Times (4/14/2009)

International Philanthropy in a Time of Recession (4/16/2009)

Retaining Your Best Donors (3/31/2009)

Managing in Hard Times: How Nonprofit Leaders Can Make the Right Decisions (3/24/2009)

Making Good Decisions About Giving: What Donors Need to Know (3/17/2009)

Building a Successful Organization in Stressful Times
A conversation with a veteran nonprofit leader (3/5/2009)

How to Solicit Gifts From Individuals (2/24/2009)

Social-Media Workshop
How Nonprofit Groups Can Use Online Tools to Build Awareness and Raise Money (2/17/2009)

Planning Special Events During a Recession (2/3/2009)

Social-Media Workshop
How nonprofit groups can use online tools to build awareness and raise money (2/17/2009)

Doing More With Less in Hard Times (12/9/2008)

Mergers and Alliances: Should More Charities Consolidate Operations? (12/2/2008)

Nonprofit Careers: How Does the Financial Downturn Affect Your Job Prospects? (11/18/2008)

Spending Donations Wisely in Hard Times (11/4/2008)

Year-End Appeals: Seeking Gifts in Uncertain Times (10/14/2008)

Weathering a Financial Storm (9/23/2008)

Corporate Fund Raising in a Turbulent Economy (8/19/2008)

The State of Giving (6/24/2008)

Grant Making During Difficult Times (5/15/2008)

The State of Fund Raising (4/1/2008)

Job Searching in a Tight Market (2/26/2008)

Recession-Proof Philanthropy (2/19/2008)

Surveys and Data

Charity's Declining Fortunes
Endowments lost $46.6-billion since 2007, says Chronicle survey (6/4/2009)

With Stocks Still Shaky, Endowment Managers Put New Faith in Cash (6/4/2009)

Online Giving Slows
Charities look for ways to raise smaller sums from more donors (5/7/2009)

The Chronicle's 2008 Endowments Survey (7/24/2008)

A Gloomy Giving Outlook
Many businesses expect donations to remain flat this year (8/21/2008)


Copyright © 2008 The Chronicle of Philanthropy