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Foundation Giving: What Might the Future Hold?Tuesday, October 27, at 12 noon, U.S. Eastern timeNext year is expected to be one of the toughest ever for grant seekers, as foundations cope with huge losses in their endowments. Last year alone, The Chronicle of Philanthropy found, assets at the nation's biggest foundations totaled $163.4-billion, compared with $213.8-billion in 2007, a loss of $50.4-billion in just one year. Such figures might automatically mean many foundations must reduce the amount of grant money they can award. So how are grant makers coping with a diminished pool from which to give? Have they found ways to give as much as they did in the past? Or are they drastically reducing how much they give and the number of organizations they support? And what might grant makers face in the coming months and years, and how might they prepare? Join us Tuesday October 27 at noon Eastern time to pose your questions to Bradford K. Smith, president of the Foundation Center, an organization that conducts research on grant-making trends and offers a range of tools to help grant seekers. Related Articles
The GuestBradford K. Smith is president of the Foundation Center, in New York. Previously he was president of the Oak Foundation, a private philanthropy in Geneva, Switzerland, and vice president of the Ford Foundation. Click here to submit a question in advance. | ||||
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