“Nonprofits Imperiled By Low Reserves” [News, 6.24.09]


In a story that won’t suprise most of you, today’s WaPo reports: “More than half of Washington area charities had dangerously low operating reserves even before the recession began.” …  ”The Meyer Foundation [a WG member] is among a handful of private foundations that lend money to nonprofit organizations that are running low on cash… the group has seen a significant increase in applications for those loans…”  

Q) Who has the most valuable nonprofit brand? (NYTimes, 6/23) – A) The YMCA.  Related: a recent blog post from Dan Pallotta, “Why Nonprofits Should Invest More in Advertising”

SERVICE
- ”Here are just a few of the announcements that have been made as an answer to United We Serve…” (Case Foundation blog, 6/23)
- Kellogg Foundation gives $1.6M for volunteer plan (AP, 6/22) – “$400,000 each to activities in the states of Michigan, Mississippi, New Mexico and the city of New Orleans.”

teddyrist
Will I be watchable?

TV | Some thoughts on “The Philanthropist” from Bruce Trachtenberg (ComNetwork blog, 6/23): “there is something worth noting about the fact that the people who decide what should be on television have suddenly determined that the subject of philanthropy (admittedly as seen through a Hollywood lens) is worth putting on during primetime.”  And, apparently, several reviewers like it. Drawing on my own network tv viewing experiences, I assumed it would be horrendous. But we shall see!

GIVING TRENDS | Philanthropic Giving By and For Women on the Rise, Study Finds (6/23)

EDUCATION | Bruno Manno, Ph.D., of the Casey Foundation, “discusses the key role that schools play in advancing the foundation’s efforts to improve outcomes for families and children.” (Foundation Center DC blog, 6/23)

One Response to ““Nonprofits Imperiled By Low Reserves” [News, 6.24.09]”

  1. Katy Says:

    I’m going to “The Philanthropist” premier party tonight at the Landmark theater hosted by The Creative Coalition, Bing and NBC – hope to see many of you there!

    We’ll see how it goes – on one hand, the show could raise our sector’s visibility, encourage people to give back/make a difference, help folks understand that “philanthropist” is not a bad word (ever get someone who mistakes “philanthropist” with “philander”? NOT good). However, on the other hand, it may also spread misconception about what our field is all about – Not everyone in philanthropy is a mega bizilionaire trotting around the world solving problems one remote village at a time.

    Thoughts?

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