In Foundations

Micronews on philanthropy.

UNC Prof On How Foundations Can Cope With Economy (Part 2 of 3)

“As a nation, our nonprofit sector entered, the economic crisis of 2008 with a resource divide between ‘elite nonprofit organizations’ and community based nonprofit nonprofits. . . . Historically, nonprofits that provide social services, particularly community based nonprofits not affiliated with a national organization, have lagged behind the elite nonprofits. . . . [But] in the years leading up to 2008 . . . giving to social service agencies was flat or declining, while donations to ‘elite’ nonprofits increased dramatically.”

Full article here.

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Filed under: economy

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