Foundations Address the Impact of the Economic Crisis
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- Description
This new research advisory, the latest in a series that sheds light on the impact of the economic downturn on the nonprofit sector, examines how U.S. foundations are coping with the crisis. The findings are based on early 2009 survey responses of more than 1,200 U.S. foundations. Close to two-thirds of the respondents expect to reduce their grants in 2009, the survey finds, and over half said that they will rely on more non-grantmaking activities in their support for nonprofits.
