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The Sound of Ideas

When Charities Can’t Afford to be Charitable

Posted Tuesday, January 13, 2009

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Philanthropic organizations aren't insulated from the economic crisis. Losses at the Gund and Cleveland Foundations total nearly half a billion dollars for the first three quarters of last year. Those losses cut deeply into their ability to fund good works. On our program, we'll talk about the tough decisions ahead for charitable foundations and the non-profits they support. Join the conversation here, Tuesday morning at 9.


Economy, Regional Economy/Business - Analysis and Trends, Health, Other, Community/Human Interest


David Abbott, Executive Director, The George Gund Foundation
George Espy, President, Ohio Grantmakers Forum
Robert Eckardt, Senior Vice President for Programs and Evaluation, The Cleveland Foundation
Dave Reines, Vice President of Resource Development & External Affairs, Center for Families and Children

Additional Information

The Gund Foundation Cuts Back on Grants, The Plain Dealer
The George Gund Foundation's Message to Grantees: How We Are Responding to a Difficult Economy
Learn more about the Ohio Grantmakers Forum's program for members of the nonprofit community to discuss how Cleveland funders and organizations are responding to the current economic crisis.
See How Foundations Focus on the Economic Crisis, Foundation Center

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