MacArthur keeps grantmaking steady
Despite a 21 percent drop in its endowment last year, the foundation increased its grantmaking in 2008 and plans to keep it that level in 2009.
Funders urged to lead in tough economy: Part 3
With the economic crisis draining nonprofits’ coffers and hopes, foundations’ leadership ability may be almost as important as their dollars for the next few years, experts say.
Foundations respond to crisis: Part 2
Even as their endowments take a hit, the MacArthur Foundation and Philadelphia Foundation are committed to holding steady, or even increasing their funding to a beleaguered nonprofit sector.
U.S. funders face the downturn: Part 1
As the stock market hammers foundation assets, and foreclosures and job losses drive up demands on nonprofits, foundation leaders call on their peers to step up.