There’s no question that we are in the midst of uncertain economic conditions – both in Alaska and around the country. To provide you with some perspectives, tips and other information, we compiled a few references from other sources you may find useful.
7 Fundraising Tips for Surviving 2008
The phone’s been ringing day and night as clients and colleagues attempt to figure out what do in a world that’s falling apart. You already know the litany of economic and financial disasters, so no need for background. The bottom-line question is: What’s the best course of action in this final, and generally most important quarter of the fundraising year. Read more...
A Survival Kit for Fundraising in a Bad Economy
A tumultuous economy can present unique challenges for nonprofit fundraising. Looking for ways to cope? AFP has compiled a toolkit of resources to advise and guide fundraisers in tough economic times.
“Donors have a lot on their minds these days as they sit down with their personal budgets,” explains Paulette Maehara, CFRE, CAE, president and CEO of AFP. “But despite the headlines about Wall Street and the financial markets, we as fundraisers should not lose sight of the fact that giving is a way for communities to pull together. While the economic forecasts are uncertain right now, what is quite certain is the capacity of people to lend a hand and support institutions of all kinds. We hope you’ll use AFP as a resource in garnering vital support for your organization in what may be a wild ride over the next few months.” Read More...
Survey Finds Large Majority Tightening Wallets, Reducing Gifts
More than 80 percent of respondents to a recent survey indicate they have become more concerned about their finances, leading half to either reduce their giving or stop giving altogether. Read more….
Give and Take: How Badly Will Charities Be Hurt by the Economic Fallout?
Scholars are predicting that nonprofit groups will not see a major drop in giving due to the economy’s troubles, but one seasoned philanthropy expert says she thinks they are flat out wrong, notes Give and Take, The Chronicle’s roundup of the best blog posts about the nonprofit world. Read more...
Emergency Economic Stabilization Act of 2008
In response to the current economic crisis, the Senate and House of Representative have passed the Emergency Economic Stabilization Act of 2008 (PDF), a bill intended to stabilize the financial system and restore confidence in the economy. President Bush signed the bill shortly after passage. Read more...
Colliding Interests: The Wall Street Bailout and the U.S. Nonprofit Sector
A bailout package is ready to be voted on by Congress, but that doesn’t obviate the concerns of Nonprofit Quarterly readers who by and large believe that the bailout and the conditions that led to it reveal something fundamentally wrong about our society. The so-called Troubled Assets Relief Program (TARP) may even be necessary to jumpstart liquidity and credit in the financial sector, but it is for many a bitter pill to swallow. Read more...
Local nonprofits feeling effects of sluggish economy (Newsminer.com)
FAIRBANKS — High fuel prices and bleak global economic news have left Fairbanks as worried about money as any place.
Those factors put local nonprofits in a potentially worrisome position: squeezed between higher operating costs and a base of donors who might be less willing or able to give at a time of year when many nonprofits look to seasonal charity as a major revenue stream. Read more...
A call for shelter in the economic storm
The troubled economy causes me to think about blizzards. An ugly thought to Minnesotans trying to hang onto our beautiful fall.
But blizzards have their upside. I think of "snow days," when the entire neighborhood is either stuck or shoveling others out. Frustration and anger about having no control over the day give way to a desire to control what we can. Younger people help older people. Those with snowblowers help those with shovels. People check on home-bound neighbors. We look out for one another as we work together to overcome a shared predicament. And it feels good. Read More...
Have you found other useful tips or perspectives about these economic times for nonprofit organizations? Feel free to post them here in the comments.