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A new report from the Eugene and Agnes E. Meyer Foundation and CompassPoint titled Daring to Lead surveyed more than 3,000 nonprofit executive directors and found that two-thirds of them plan to leave their jobs in the next five years.
Executives express frustration with nonprofit funding models, amplified by the recession, but remain resolved and engaged.
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Most respondents—84%—reported negative organizational impact from the recession, with one in five reporting significant negative impact.
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Nearly half of respondents (46%) said their organizations had operating reserves of less than three months of expenses, even though three months is the minimum level of reserves suggested by most experts.
AGING | If baby boomers stay in suburbia, analysts predict cultural shift (WaPo, 6/28) Older people “are changing the image and priorities of a suburbia formed around the needs of young families with children.” And a local county supervisor says, “Clearly, the age wave is coming.” Silver Tsunami Alert!
YOUTH | So ignore what I posted yesterday about summer jobs. Mayor Gray now says he has found additional revenue to fund 4,000 more young people to participate in the city’s summer jobs program. (WaPo, 6/28) Maybe they should rename “revenues” and call them “surprises” instead, because it seems like nobody ever knows quite what to expect. The city found $20 million of additional surprises today.
STREAMLINING | Late last year, WRAG held a workshop on streamlining the grantmaking process. We checked in with Kathy Jagow at the Moriah Fund about their new and improved application and reporting guidelines. (WG Daily, 6/28)
EDUCATION
- Montgomery Co. Schools Superintendent Jerry Weast’s farewell address (WAMU, 6/28)
- Editorial: For D.C. students, new hope in revived school voucher program (WaPo, 6/28)
PEOPLE | Atlantic Philanthropies has named Christopher Oechsli, a lawyer and former aide to Sen. Russ Feingold, as interim president. (Chronicle, 6/28)
WORKFORCE | Mayor Gray announces new plant, other developments (WaPo, 6/28) “[The] plant will bring 300 new jobs to Ward 8 and … several new restaurants and shops will give a boost to a waterfront development near Nationals Park.”
Check this out: When fish attack! (It gets crazy around :30 in.)
