11.7.16 NC Nonprofit News
Triangle North Healthcare Foundation awarded over $200,000 to local nonprofit and governmental organizations, Organizing Against Racism for the Racial Equity Institute will host community forum on November 12th, Golden LEAF will donate $2 million to local organizations to provide emergency bridge loans to small businesses and farms affected by Hurricane Matthew and more.
NC Symphony depends on donors to meet education mandate
The North Carolina Symphony’s mandate to provide educational outreach to all 100 counties, including performances for schoolchildren and curriculum support for teachers, requires constant and creative fundraising by the organization. “We operate as a model of public-private partnership,” says President and CEO Sandi Macdonald.
Show goes on at N.C. Symphony
After instituting deep budget cuts, rejuvenating fundraising and meeting a challenge grant from state lawmakers, the Symphony appears to have turned a financial corner.
N.C. Symphony aims to raise $8 million
Coming off a $2.1 million deficit, the North Carolina Symphony hopes to raise $8 million in private gifts to qualify for an additional $1.5 million from the state.
Symphony cuts salaries
Sitting on $4 million in debt, the North Carolina Symphony has cut compensation for its musicians, its president and Conductor Grant Llewellyn.
Economy batters N.C. Symphony
As donations dwindle and the state Senate threatens to cut funding, the group is cancelling performances and scrapping its European tour.
Pope awards almost $1.5 million
The Raleigh-based funder awarded more than $1.2 million in grants to local community organizations, as well as $250,000 outside the state.
Role of boards critical during crisis
While the job description for a nonprofit board member remains the same during good times and bad, experts say, there are key priorities for managing through a crisis.