Foundation Center Focus on the Economic Crisis
  MapShots     News     Grant RSS Feed     Research Advisories
  Commentary     Blog Posts     Resources & Training     Home

In Their Own Words: Foundation Giving Forecast

Many foundations have publicly announced their plans for how they will respond to the economic crisis. Here we've compiled an overview of these announcements and related news from the Center's Philanthropy News Digest and other sources. We will be updating this chart continuously, so please check back for the latest information. Submit news about a foundation's giving plans»
Updated 7/30/09
new initiative New Initiative    increase giving Increase Giving    decrease giving Decrease Giving    giving trend unclear Giving Trend Unclear    no change in giving No Change in Giving
  Foundation Name Total Assets Total Giving Fiscal Year Summary Philanthropy
News Digest
Original Source
Top 100 Foundations, by Total Assets
increase giving Bill & Melinda Gates Foundation $38,921,022,000 $2,011,675,000 12/31/07 Scaling back planned growth. Planning to increase payout by about 10 percent in 2009. Gates Foundation to Increase Payout, Scale Back Growth in 2009 Grantmaking Gates Foundation Pruning Grant Growth
no change in giving The Ford Foundation $11,045,128,000 $526,464,000 9/30/08 The foundation plans to award $528 million in grants in its current fiscal year, which is the same amount the foundation awarded last year. Ford Foundation Offers Buyouts to Staff Ford Foundation Offers Buyouts to One-Third of Employees
Closing offices in Russia and Vietnam in an effort to reduce costs. Ford Foundation to Close Offices in Russia, Vietnam Ford Foundation to Close two Overseas Offices
giving trend unclear J. Paul Getty Trust $10,837,340,620 $18,759,273
6/30/08 Announced a 24 percent budget reduction, reflecting reduced endowment income. The budget includes lower operating costs in order to preserve its work in Los Angeles and around the world. - Statement From Getty Trust President and CEO James Wood Regarding Getty's FY 2010 Budget
no change in giving The Robert Wood Johnson Foundation $10,730,549,952 $329,322,323
12/31/07 Offering buyouts to 40 percent of its employees after a significant decline in the value of its assets. Expects to award $450 million in grants in 2009 and hopes to award the same amount in 2010. Robert Wood Johnson Foundation Offers Buyouts to 40 Percent of Employees Robert Wood Johnson Offers Buyout to 40% of Its Employees
Message from Risa Lavizzo-Mourey on RWJF's Response to the Economic Downturn
giving trend unclear W. K. Kellogg Foundation $8,058,127,639 $272,511,561 8/31/08 A decline in assets led the foundation to close its offices in Jackson, Mississippi, São Paolo, Brazil, and Pretoria, South Africa. The foundation will honor existing commitments. Kellogg Foundation to Close South Africa Office Kellogg Foundation Revises Delivery Model for Southern Africa
increase giving John D. and Catherine T. MacArthur Foundation $7,052,165,312 $231,856,772 12/31/07 Will maintain or increase grantmaking in 2009, despite the performance of the market to date. Statement from Jonathan F. Fanton Regarding MacArthur's Grantmaking in Difficult Economic Times
no change in giving The Andrew W. Mellon Foundation $6,539,865,000 $300,199,000 12/31/07 Does not “foresee significant retrenchment or dislocations” in its grantmaking. Mellon, Weinberg Foundations Respond to Crisis Mellon Web Site
Gordon and Betty Moore Foundation $6,409,252,816 $290,694,047 12/31/07 Although the payout rate will be higher than 2008, grantmaking in 2009 will significantly decrease. Lower levels of funding anticipated for 2010 and 2011. Letter From Steve McCormick
decrease giving The William and Flora Hewlett Foundation $6,289,035,000 $379,400,000
12/31/08 Will honor grant commitments made in 2008 and previous years, though the dollar amount of its overall grantmaking is likely to be down. Hewlett Foundation to Honor Previous Commitments But Cut Grantmaking in 2009 A Note on the Economy
  Lilly Endowment, Inc. $5,722,416,949 $336,551,359 12/31/08

no change in giving The California Endowment $4,657,176,628 $140,510,981 2/28/08 All current grant commitments and current-year grantmaking levels will be honored and upheld. Grantmaking levels for the coming fiscal year will not be reduced from the existing multiyear spending plan. More Foundations Respond to Economic Crisis: Gates, California Endowment, Otto Bremer, Rasmuson On Tough Times: A Message from Our Leadership
Hey, What's Going On?
The David and Lucile Packard Foundation $4,650,858,492
$301,979,479
12/31/08 Will honor current grant commitments and increase payout rate from its endowment, though the dollar amount of grantmaking will be down. Foundation Enewsletter: December 15, 2008
  The Rockefeller Foundation $4,615,428,564 $162,956,223 12/31/07
  The Susan Thompson Buffett Foundation $3,907,771,072 $202,684,478 12/31/07
  Tulsa Community Foundation $3,740,241,151 $87,148,870 12/31/07
decrease giving The Duke Endowment $3,344,776,128 $164,837,762 12/31/07 Anticipates honoring all 2009 commitments, but will defer a number of grant requests until economic conditions become more favorable. A Message From the President
  The Annie E. Casey Foundation $3,326,105,746 $192,006,321 12/31/07
new initiative no change in giving The Kresge Foundation $3,100,000,000 $181,439,048 12/31/08 Established a new Community Relief Fund and other new funding opportunities in response to the economic downturn. Kresge Foundation Announces Programs to Help Mitigate Effects of Recession Kresge Takes Action to Alleviate Pressures of the Economic Downturn
Will honor current commitments and strive to make 2009 grantmaking levels similar to 2007 and 2008. Kresge, Irvine Foundations Respond to Crisis Kresge Is Honoring All Its Grant Commitments; Foundation Promises Creativity and Flexibility in Assisting Grantees
decrease giving The Starr Foundation $2,801,697,830 $207,284,873 12/31/07 Will honor its existing commitments, but new proposals will be put on hold. Starr Foundation Reduces Grantmaking After AIG Stock Plunges Starr Foundation Plans Smaller Grants After AIG Stock Plunges
  Charles Stewart Mott Foundation $2,714,908,552 $135,868,710 12/31/07
giving trend unclear Carnegie Corporation of New York $2,662,702,247
$101,314,879
9/30/08 Committed to fulfilling all grants that have been approved by the Corporation. Carnegie Corporation Responds to Economic Crisis A Year End Message from Vartan Gregorian, President, Carnegie Corporation of New York
giving trend unclear John S. and James L. Knight Foundation $2,618,700,006 $121,267,122 12/31/07 Will honor all existing pledges and grants. No liquidity issues for the Foundation foreseen. Knight, McKnight Foundations Respond to Economic Crisis Knight Foundation President Alberto Ibargüen Addresses Economic Outlook
  Casey Family Programs $2,596,706,893 $2,971,742 12/31/07
giving trend unclear The Annenberg Foundation $2,487,703,921 $266,898,723 6/30/08 Unable to accept additional, unsolicited letters of inquiry or proposals due to a significant investment of funds over the last five years, coupled with the economic downturn. Special Message for Grantseekers
no change in giving The Harry and Jeanette Weinberg Foundation, Inc. $2,480,251,109 $99,570,742 2/29/08 Will maintain its usual level of grantmaking, which averages about $100 million per year. Weinberg Foundation to Distribute $200 Million Over Next Two Years Weinberg Foundation Announces Total of $200 Million in Grants for Next Two Years
new initiative Ewing Marion Kauffman Foundation $2,403,973,679 $74,166,806 12/31/07 Announced a new $1 million effort to offer entrepreneurial training programs in communities that have been hit hard by layoffs and the recession. Kauffman Foundation Launches Entrepreneur-Training Program to Spur Job Creation Kauffman Foundation Launches New National Entrepreneurship Training Program to Kick Start Job Creation in the Face of Growing Layoffs
decrease giving The McKnight Foundation $2,316,874,276 $93,643,806 12/31/07 Foundation pledges to honor all active grant agreements to completion, with fewer funds available to new and returning grantseekers. Knight, McKnight Foundations Respond to Economic Crisis Open Letter From President Kate Wolford: For McKnight and Its Partners, Now Is the Time for Collaboration and Innovation
  Richard King Mellon Foundation $2,219,250,223 $109,215,672 12/31/07
new initiative The Cleveland Foundation $2,183,913,190 $70,130,377 12/31/07 Announced the creation of a Basic Needs Fund and the launch of Greater Cleveland Area Pulse, an online data indicator designed to show how the recession is affecting Cuyahoga County residents and how the foundation is responding. Community Foundation Update (7/11/09) Cleveland Foundation introduces Basic Needs Fund and economic crisis indicators
In the second quarter of 2009, a larger than normal percentage of grantmaking is responsive to requests from the community, given the difficult economy. Cleveland Foundation Awards $15.3 Million in Second-Quarter Grants Cleveland Foundation Grants total $15.3 Million
  The New York Community Trust $2,135,691,023 $166,053,450 12/31/07
decrease giving Doris Duke Charitable Foundation $2,079,833,758 $95,711,333 12/31/07 Will honor all existing commitments and award new grants in 2009, with a 25 percent reduction in total spending. Letter From the President: Sustaining Our Work With Declining Assets
no change in giving Robert W. Woodruff Foundation, Inc. $2,013,371,188
$116,867,936 12/31/08 Predicts that the grants budget for 2009 will be almost exactly what it was in 2008. Interview with Russ Hardin, President of the Robert W. Woodruff Foundation
giving trend unclear Eli & Edythe Broad Foundation $1,964,521,000 $127,304,000 12/31/07 Eli Broad personally gave $18 million more to his foundation this year than in 2007. Despite Economic Downturn, Some Philanthropists Are Giving More Feeling Pinched, Some U.S. Philanthropists Give More
new initiative Alfred P. Sloan Foundation $1,940,925,266 $72,732,888 12/31/07 Launching initiative to study financial crisis and improve public understanding of economics and finance. Sloan Foundation Launches Initiative to Study, Explain Financial Crisis Alfred P. Sloan Foundation Funds New Initiative to Address the Financial Market Crisis
new initiative The Chicago Community Trust $1,841,684,803 $115,544,031 9/30/07 In response to the economic crisis, the Trust has allocated additional resources to meet area residents' basic human needs and organized their newly created Unity Challenge initiative to motivate additional donor contributions. Mayor Daley, Chicago Community Trust Announce $1 Million in Grants
no change in giving Houston Endowment Inc. $1,745,222,911 $66,260,835 12/31/07 The grant budget for 2009 will be approximately the same as 2008, but is likely to decline in 2010 and 2011. A Message About Houston Endowment's Response to Current Economic Conditions
  The Wallace Foundation $1,699,226,310 $68,770,717 12/31/07
  The Heinz Endowments $1,686,008,063 $58,267,054 12/31/07
  Kimbell Art Foundation $1,597,504,350 $80,000 12/31/07
  Walton Family Foundation, Inc. $1,595,597,053 $218,864,851 12/31/07
  W. M. Keck Foundation $1,531,767,000 $67,889,763 12/31/07
giving trend unclear John Templeton Foundation $1,521,282,234 $55,968,276 12/31/07

The Foundation will not be accepting new requests for funding until their new grant-making calendar is announced in September 2009.

Restructuring Our Grant-Making System
new initiative no change in giving Silicon Valley Community Foundation $1,494,039,827 $291,096,834 12/31/08

Has matched over $1 million in donations for food and shelter programs as part of its "Strengthen the Safety Net" campaign.

Silicon Valley Community Foundation Announces Matching Donation Program for Safety Net Initiative

Safety Net Fund Charity

While assets have decreased, the foundation will be able to maintain grantmaking of $8 million from its endowment in 2009. Silicon Valley Community Foundation Reduces Workforce Community Foundation Reduces Workforce
decrease giving The Samuel Roberts Noble Foundation, Inc. $1,484,451,635 $11,462,026 12/31/07 Will not consider any new grant applications in 2009. Noble Foundation Granting
new initiative Open Society Institute $1,484,154,992 $84,442,116 12/31/07 Partnering with Atlantic Philanthropies and MoveOn.org to match gifts up to $300,000 made to help organizations and groups hit hard by the Bernard Madoff scandal. The Atlantic Philanthropies, Open Society Institute, and MoveOn.org Respond to Madoff Scandal With Matching Program
no change in giving The William Penn Foundation $1,471,109,210 $61,644,970 12/31/07 Will meet prior grant commitments and hopes to keep grantmaking at current level through 2011. Thoughts on the Economic Recession
  The Michael and Susan Dell Foundation $1,398,768,744 $95,250,084 12/31/07
  The Bloomberg Family Foundation, Inc. $1,391,631,010 $36,250,000 12/31/07
decrease giving Daniels Fund $1,354,022,076 $47,932,111 12/31/07 Allocations for the Fund's Grants Program in 2009 will be $31.8 million, a $6.8 million decrease from 2008. Grants will be refocused to prioritize nonprofit organizations providing emergency services to the most vulnerable populations in its service area of Colorado, New Mexico, Utah, and Wyoming. The foundation will also reduce operating costs. Daniels Fund (CO) Responds to Economic Crisis Daniels Fund Allocations Impacted by Economy
giving trend unclear The James Irvine Foundation $1,306,590,965 $69,315,228 12/31/08 Will commit about the same amount to advocacy work and other efforts as in 2008. Kresge, Irvine Foundations Respond to Crisis Many Foundations Have Lost Almost One-Third of Their Assets, Chronicle Study Finds
  The Brown Foundation, Inc. $1,301,109,971 $64,308,170 6/30/08
  The Moody Foundation $1,289,965,453 $30,519,040 12/31/07
new initiative California Community Foundation $1,257,906,849 $216,019,934 6/30/08 Creating grants and technical assistance for grantees to help impacted nonprofits. California Community Foundation Awards $1.7 Million to Help Local Nonprofits Weather Impact of Economic Crisis
no change in giving The California Wellness Foundation $1,216,057,421 $60,560,833 12/31/07 Will maintain the same level of grantmaking
in 2009 as 2008, despite a loss in the value of their endowment portfolio.
Despite Decline in Assets, Foundations are Responding to Those Affected by Recession, Report Finds Foundations Respond to the Needs of Families Even as Their Assets Have Declined
no change in giving The Oregon Community Foundation $1,214,148,698 $50,980,877 12/31/07 Will continue to provide a stable level of funding for grants and scholarships over the next two years. OCF Recession Response
decrease giving The Anschutz Foundation $1,195,692,532 $63,076,654 11/30/07 Limiting grants in some program areas. Message From the President
  Greater Kansas City Community Foundation $1,183,724,020 $192,905,943 12/31/07
new initiative Marin Community Foundation $1,180,106,202 $60,802,431 6/30/08 Making Emergency Food Grants to meet needs following economic downturn. Marin Community Foundation Announces Emergency Food Grants MCF Grants $250,000 to Meet Growing Need for Food
  The Ahmanson Foundation $1,148,525,258 $47,698,270 10/31/07
no change in giving Barr Foundation $1,142,271,401 $45,055,701 12/31/07 Plans to maintain their level of giving in 2009. Foundations are Feeling the Pinch
giving trend unclear Conrad N. Hilton Foundation $1,107,953,389
$42,436,802 2/28/08 Will grant The Weingart Center Association and United Way of Greater Los Angeles $300,000 to expand services for the homeless and those in danger of becoming homeless during the current economic crisis.  Conrad N. Hilton Foundation Awards $875,000 to Address Homelessness in Los Angeles and Fund Research to Improve Lives of Foster Care Youth
  The Freedom Forum, Inc. $1,057,311,201 $60,798,719
12/31/07
new initiative The Columbus Foundation and Affiliated Organizations $1,045,016,666 $110,778,929 12/31/07 Committed $300,000 in matching charitable dollars to strengthen local nonprofits. The Columbus Foundation Announces Giving Stimulus: Match Day 2.0 on November 18 & 19
Announced a campaign to raise $1.2 million for emergency needs in central Ohio during February, including a public match launched online. Columbus Foundation Issues Critical Need Alert The Columbus Foundation Announces Critical Need Alert to Raise $1.2 Million for Emergency Needs in Central Ohio in February
decrease giving The Meadows Foundation, Inc. $1,023,752,838 $34,250,858 12/31/07 With less money overall for grants this year, will focus grantmaking on agencies that provide assistance with critical needs, and deferring most capital projects. President's Message
no change in giving Shimon ben Joseph Foundation $1,021,814,739 $8,824,779 12/31/07 Will honor current commitments. Foundation News
— Chip Edelsberg, Executive Director
  Freeman Foundation $1,021,197,476 $45,885,900 12/31/07
new initiative no change in giving The San Francisco Foundation $1,017,024,000 $96,511,000 6/30/08 Established the Nonprofit Transitions Fund, which is designed to help organizations rethink and regroup in response to the downturn in the economy. Community Foundation Update (5/9/09) Nonprofit Transitions Fund Launches to Support Intentional Change
Planning to maintain last year's giving level for 2009. Bay Area Nonprofit Sector Could be Headed for Tough Times Bay Area Nonprofits Brace for 2010 Shakeout
no change in giving The Joyce Foundation $986,172,775 $35,561,248 12/31/07 Grantmaking in 2009 will be at roughly the same level as 2008, with fewer multi-year commitments and an expected decrease in 2010. A Message to Grantees
no change in giving Rockefeller Brothers Fund, Inc. $983,499,647 $30,182,345 12/31/07 Will not increase or cut their budget. "Ask the Tough Questions": An Interview With CEP Board Chair Stephen Heintz
  Lumina Foundation for Education, Inc. $973,000,000 $53,394,000
12/31/08
  The Simons Foundation $970,294,574 $47,660,532 6/30/08
  Robertson Foundation $959,249,297 $40,396,892 11/30/07
  M. J. Murdock Charitable Trust $949,645,467 $27,673,407 12/31/07
new initiativedecrease giving Boston Foundation, Inc. $923,736,000 $78,664,000 6/30/08 Awarding emergency grants to regional organizations for local residents. Boston Foundation Awards $500,000 to Address Exceptional Needs Boston Foundation Announces $500K in Grants to Address Exceptional Needs of Area Residents
Will likely reduce its discretionary grants by $1 million in the fiscal year starting July 1. Foundations are Feeling the Pinch
  Hall Family Foundation $922,669,158 $31,034,512 12/31/07
  Surdna Foundation, Inc. $915,730,690
$36,100,316 6/30/08
no change in giving Bush Foundation $905,299,291 $38,567,884 12/31/07 Will honor all prior commitments. More Foundations Respond to Crisis: Bush, Gund, Cleveland Foundations What Do We Do Now?
decrease giving The Henry Luce Foundation, Inc. $894,843,061 $32,442,687 12/31/07 While all current commitments will be fulfilled, the foundation expects a 40 percent reduction in new grantmaking across all areas in 2009. A Message From the President
  The Packard Humanities Institute $857,980,309 $28,119,931 12/31/07
  The Lynde and Harry Bradley Foundation, Inc. $831,695,847 $39,810,371 12/31/07
new initiative giving trend unclear Weingart Foundation $820,979,945 $46,111,745 6/30/08 Foundation will expand its current general operating support to include a new program called Core Support. Weingart Foundation to Expand General Operating Support Program

Weingart Foundation Announces Core Support Program

  Fred C. and Katherine B. Andersen Foundation $817,604,041 $36,479,528 12/31/07
  Donald W. Reynolds Foundation $807,623,434
$110,375,900 12/31/08
  The J. E. and L. E. Mabee Foundation, Inc. $803,644,047 $40,299,190 8/31/08
new initiative Foundation for the Carolinas $801,483,218 $106,345,459 12/31/07 Launched the Critical Need Response Fund in partnership with the Leon Levine Foundation, Mecklenburg Ministries, the Charlotte Chamber of Commerce, and the United Way of Central Carolinas. Critical Need Response Fund
new initiative giving trend unclear Hartford Foundation for Public Giving $797,759,854 $26,214,465 12/31/07 Doubled emergency food and shelter grants in response to economic crisis. Hartford Foundation Awards Nearly $1 Million to Combat Hunger, Homelessness Hunger, Homelessness Targeted in $1 Million in Grants from Hartford Foundation
decrease giving The Edna McConnel Clark Foundation $796,971,845 $38,650,400 9/30/08 Will honor all commitments made in previous years, and plans to pay out greater than 5% in 2009. Overall grantmaking amounts will likely be down in future years, based on a lower endowment. Economic Crisis and Philanthropic Opportunities
new initiative The Pittsburgh Foundation $784,867,282 $31,403,916 12/31/07 Created emergency fund for community services. Pittsburgh Foundations, United Way Move to Put Emergency Fund in Place Emergency Fund to Help Our Community in Need
  The AVI CHAI Foundation $777,391,698 $45,263,762 12/31/07
new initiative The Community Foundation for Greater Atlanta, Inc. $771,651,441 $74,491,445 12/31/07 The Metropolitan Atlanta Arts Fund, an initiative of the foundation, announced a $2.5 million initiative designed to stabilize arts organizations facing unprecedented financial challenges. Metropolitan Atlanta Arts Fund Launches $2.5 Million Arts Recovery Initiative The Community Foundation's Metropolitan Atlanta Arts Fund
Launches Arts Recovery Initiative
  Bat Hanadiv Foundation No. 3 $763,644,438 $8,079,284 12/31/07
new initiative The Saint Paul Foundation $763,057,187 $42,422,608 12/31/07 With the Minnesota Community Foundation, announced the creation of a new community economic relief fund with commitments of more than $2 million. Minnesota Community Foundation and Saint Paul Foundation Commit $2 Million to Launch Economic Relief Fund Community Economic Relief Fund
decrease giving The Commonwealth Fund $754,882,329 $29,591,150 6/30/08 Reducing spending by approximately 15 percent in 2009-10, and reorganizing programs to concentrate even more on specific health care reform strategies. New Financial Realities: The Response of Private Foundations
  Communities Foundation of Texas, Inc. $754,453,000 $76,888,000 6/30/08
  Marguerite Casey Foundation $743,497,946 $29,652,086 12/31/07
  Jack Kent Cooke Foundation $731,831,041 $22,167,160 5/31/07
decrease giving Burroughs Wellcome Fund $731,595,487 $29,255,925 8/31/08 Has suspended the competitive grants program for 2010, which begins in fall of 2009. Also increasing payout period for awardees. Letter From the President- 23 February 2009
  William Randolph Hearst Foundation $700,093,440 $33,229,364 12/31/07
  The Minneapolis Foundation $689,426,201 $49,540,078 12/31/08
Other Grantmakers (not among 100 largest foundations, by total assets)
new initiativedecrease giving The Atlantic Philanthropies $4,284,849,000 $508,481,000 12/31/07 Partnering with OSI and MoveOn.org to match gifts up to $300,000 made to help organizations and groups hit hard by the Bernard Madoff scandal. The Atlantic Philanthropies, Open Society Institute, and MoveOn.org Respond to Madoff Scandal With Matching Program
Will slightly reduce overall grant spending for 2009 and cut some operating expenses. An Update on Philanthropy and the Economic Crisis: How Atlantic is Responding
giving trend unclear UJA Federation of New York $1,113,609,000 $145,323,000 6/30/06 Allocated additional money to the Metropolitan Council on Jewish Poverty, launched a scholarship program, and is working with other agencies to help vulnerable community members. How We're Responding to the Financial Crisis
decrease giving Picower Foundation $958,425,057 $23,424,401 12/31/07 Immediately halting grantmaking and closing its doors. Fallout From Madoff Scandal Spreads (Part 2)
  The John A. Hartford Foundation, Inc. $683,844,232 $29,802,984 12/31/07
new initiative Community Foundation for Southeast Michigan $678,357,305 $51,279,257 12/31/07 Announced a $1 million challenge to stimulate giving to arts and cultural organizations in the region, with the goal of helping arts groups raise $3 million in operating funds. Community Foundation for Southeastern Michigan Announces $1 Million Challenge to Area Arts Groups
new initiativegiving trend unclear Seattle Foundation $676,792,933 $57,603,017 12/31/07 Announced more than $800,000 in grants to five multi-service organizations working to help Puget Sound families hit hard by the economic downturn. Seattle Foundation Awards $800,000 to Help Families Hit Hard by Recession Foundation Awards $800,000 in Grants to Help Families Hit Hard by Recession
Investments remain relatively stable; no drastic changes planned. Remaining Confident in Times of Economic Uncertainty
new initiative Central Indiana Community Foundation, Inc. $670,306,270 $38,539,909 12/31/07 Partnering with five other Central Indiana organizations to create the new $3.2 million Local Relief Fund. Central Indiana Philanthropic Community Unites to Create New $3.2 Million Local Relief Fund
no change in giving Meyer Memorial Trust $674,417,501 $28,000,000 3/31/08 Has decided not to reduce the grants budget in the current fiscal year. Still Looking to do More
  Longwood Foundation, Inc. $661,178,355
$42,798,418 9/30/08
no change in giving The Virginia G. Piper Charitable Trust $644,220,394 $25,274,182 3/31/07 Intends to fulfill its committment of $26 million in grant payments for the fiscal year ending March 21, 2009. Piper Trust Balances Strategic and Emergency Grantmaking
increase giving Evelyn and Walter Haas, Jr. Fund $621,648,289 $31,033,105 12/31/07 Will be increasing total grant payments in 2009. However, the Fund is shifting from multi-year to one-year grants, deferring payments of some grants, and denying some returning grantseekers. From the President
new initiative Otto Bremer Foundation $615,761,975 $28,981,712 12/31/07 Announced the creation of an Emergency Fund to provide grants of up to $100,000. More Foundations Respond to Economic Crisis: Gates, California Endowment, Otto Bremer, Rasmuson Bremer Emergency Fund Grants
Twin Cities funding in 2009 will be focused on programs and initiatives to relieve poverty, including emergency assistance and longer-term poverty reduction. Twin Cities Funding Overview
decrease giving Rasmuson Foundation $587,937,550 $21,512,625 12/31/06 Will cut grantmaking by 14 percent, to $19 million from the $22 million awarded in 2008. The Foundation stills plans to award approximately $860,000 to Alaska's arts community in 2009. Rasmuson Foundation to Cut Size of Largest Grants in 2009 Clarification of Recent News Coverage
new initiative Greater Milwaukee Foundation $574,010,246 $32,662,025 12/31/07 Created The Basic Needs Fund, allocating $362,500 in 2009 to help local nonprofits reach more families and individuals in need of food and shelter. Greater Milwaukee Foundation Awards $6.2 Million in First Quarter Grants Foundation to Provide $300,000 to Help Families in Need
new initiative El Pomar Foundation $569,431,809 $15,907,639 12/31/07 Through the newly established Colorado Assistance Fund, the Foundation will provide $1 million in funding to nonprofits throughout Colorado that help meet basic and emergency needs as a result of tough economic times. El Pomar Foundation Awards $1 Million for Basic Needs in Colorado El Pomar Gives $1 Million Gift for Basic Needs in Colorado
new initiative The Denver Foundation $559,026,450 $65,127,294 12/31/07 Mobilized its Critical Needs Fund in December for Hunger Relief. Feeding the Hungry: Denver Foundation Gives Nearly $300,000 in Grants to Food Providers
new initiativeno change in giving The Greater Cincinnati Foundation $518,758,310 $39,998,633 12/31/07 Announced a commitment of at least $1 million to the new "Weathering the Economic Storm" fund to provide support and stability for both families and nonprofits. Greater Cincinnati Foundation Rallies Support for 'Safety Net' Fund Foundation Tackles Economic Downturn
Maintaining current funding levels, but shifting its focus to stabilization of families and nonprofit organizations. To Our Friends and Partners
decrease giving The George Gund Foundation $513,322,656 $23,411,505 12/31/07

Intends to increase payout, but total dollars for 2009 will likely be down. The Foundation does not expect to make any large new commitments.

A Message to Grantees: How we are Responding to a Difficult Economy
new initiative Arizona Community Foundation $511,573,000 $70,383,000 3/31/08 Will match donations up to $50,000 to its Basic Need Fund. ACF to Match Donations for Basic Needs
giving trend unclear McCune Foundation $466,641,966
$27,079,744 9/30/08 Will decide at its June 15 meeting whether to restart its online grant-application tool, which has been disabled for roughly a year. McCune Foundation to Consider Resuming Grantmaking McCune Foundation May Resume Taking Grant Proposals
decrease giving Claude Worthington Benedum Foundation $454,956,820
$19,668,200 12/31/07 Announced a reduction in grantmaking from $18.8 million in 2008 to roughly $12 million in 2009. McCune Foundation to Consider Resuming Grantmaking McCune Foundation May Resume Taking Grant Proposals
decrease giving The Ralph M. Parsons Foundation $450,438,358 $22,112,541 12/31/07 Will contribute about $14 million to charities in Southern California, a $5 million decrease from 2008. Many Foundations Have Lost Almost One-Third of Their Assets, Chronicle Study Finds
giving trend unclear Jewish Community Federation of Cleveland $447,411,894 $124,576,841 6/30/07 Reorganized the program Strengthening and Growing Jewish Cleveland to provide a range of services for Jewish residents suffering from the economic recession. Jewish Community Federation Expands Key Program
giving trend unclear Koret Foundation $414,095,890 $21,496,537 12/31/07 Will fulfill existing commitments and continue grantmaking. A Word on the Economy
giving trend unclear Nina Mason Pulliam Charitable Trust $401,344,357 $15,162,364 12/31/07 Refocusing grantmaking and will not accept proposals for capital campaign or endowment purposes. The foundation will redirect those funds to human-service organizations. Pulliam Charitable Trust Refocuses Grantmaking in Response to Downturn $2.2 Million Goes to 37 Indiana Nonprofits, Greatest Needs to be Served
no change in giving Hawaii Community Foundation $385,186,618 $23,282,204 12/31/07 Working to maintain giving levels, some minor effects from the economy. Hawaii College Students Likely to Face More Competition for Scholarships, Officials Warn Students Warned of Funding Shortfalls
new initiativedecrease giving The Community Foundation for the National Capital Region $383,114,303 $91,206,281 3/31/08 Established the Neighbors in Need Fund to support safety-net nonprofits in the Greater Washington, DC, region, but overall giving will decrease in 2009. The Neighbors in Need Fund
no change in giving The Oak Foundation U.S.A. $368,420,877 $28,721,715 12/31/07 At minimum, expects to maintain 2008 grantmaking levels for 2009. Oak Foundation Grantmaking in 2009
no change in giving Dyson Foundation $353,308,791 $27,321,281 12/31/07 Plans to award the same amount in grants as last year, but with a focus on basic needs and emergency assistance. A Letter Regarding Dyson Foundation Funding Guidelines Changes
new initiative The Leon Levine Foundation $342,008,507 $9,496,723 6/30/07 Launched the Critical Need Response Fund in partnership with Mecklenburg Ministries, the Charlotte Chamber of Commerce, the United Way of Central Carolinas and Foundation For The Carolinas. Critical Need Response Fund
decrease giving The Pew Charitable Trusts $338,349,377 $205,011,434 6/30/07 Aiming to protect existing grantees from the erosion of its endowment by suspending the creation of new programs and trimming operational expenses. Philadelphia-Area Grantmakers, Nonprofits Increasingly Feeling Squeezed Donors' Belt-Tightening Squeezes Grantees
no change in giving Jessie Ball duPont Fund $325,980,619 $13,339,605 12/31/07 Increased payout to 6 percent, keeping 2009 competitive grant totals in line with recent years. Will also continue to fulfill payment of multi-year commitments made in the past. A Letter From the Chair and President
decrease giving Carl and Ruth Shapiro Family Foundation $323,912,042 $12,884,837 12/31/07 Will not award any new grants this year. Foundations are Feeling the Pinch
giving trend unclear The F. B. Heron Foundation $317,185,471 $6,922,795 12/31/07 Does not plan to cut back on existing grants, but does not expect to have funds available for new grant relationships or increases for current grantees in 2009. A Letter From the President
decrease giving Geraldine R. Dodge Foundation, Inc. $310,584,974 $16,418,408 12/31/07 Grantmaking for 2009 reduced to $10.5 million, down from $15.6 million in 2008. Letter to all Dodge Grantees From David Grant, March 2009
giving trend unclear Albert and Bessie Mae Kronkosky Charitable Foundation $306,225,335 $12,162,199 12/31/07 Suspending capital grants, except in rare circumstances, and focusing on program operations grants in light of funding shortfalls affecting regularly funded grantees. This policy is expected to last through 2010. Kronkosky Charitable Foundation Web Site
new initiative The New York State Health Foundation $301,944,069 $8,483,241 12/31/07 Established the 2009 Economic Recovery Fund to assist New York State's nonprofit health sector respond to the economic crisis. 2009 Economic Recovery Fund
increase giving The Community Foundation for Greater New Haven $298,413,877 $12,614,531 12/31/07 Will have increased amounts available for grantmaking in 2009. The Community Foundation for Greater New Haven Web Site
new initiative Santa Barbara Foundation $295,644,670 $29,701,987 12/31/06 Announced the creation of the Community Economic Recovery Fund to help local nonprofit groups provide food, shelter, or medical assistance in Santa Barbara County. Community Foundation Update (5/9/09) Foundation Creates Economic Recovery Fund
no change in giving Altman Foundation $292,074,901 $14,236,714 12/31/07 Plans to maintain grantmaking at $12 million in 2009, approximately the same level as in 2008, with very little money available for new grants. An Important Update From the Foundation
no change in giving Walter and Elise Haas Fund $271,471,000 $10,381,000 12/31/07 Grants budget for 2009 essentially the same as 2008, although the Fund will not be making new multi-year commitments. From the Executive Director
new initiative The Community Foundation Serving Richmond and Central Virginia $246,538,972 $30,619,998 12/31/06 Created the temporary 2009 Safety Net Fund, with a distribution of $1 million. 2009 Safety Net Fund Helping Nonprofits Meet Increased Demand for Service During Economic Crisis
no change in giving Grand Rapids Community Foundation $233,515,221 $8,181,742 6/30/07 Giving in 2009 will be roughly the same as 2008, despite a decline in assets. Grand Rapids Foundations Feeling Effects of Recession Grand Rapids Foundations Watch Their Pennies as Portfolios Fall
giving trend unclear The Frist Foundation $231,077,045 $7,483,915 12/31/07 Focusing on Nashville agencies serving vulnerable populations in 2009. Frist Foundation Web Site
giving trend unclear Saint Luke's Foundation of Cleveland, Ohio $229,782,994 $10,194,575 12/31/07 Has decided to concentrate resources on basic needs, and will make few, if any, multi-year commitments until the economy has stabilized. Saint Luke's Foundation Web Site
decrease giving The Eugene and Agnes E. Meyer Foundation $225,527,850
$8,285,890 12/31/07 Grantmaking for 2009 is expected to be $7.3 million, compared to $8 million in 2008. 5 Questions for Julie Rogers, President, Eugene and Agnes E. Meyer Foundation Open Letter to the Nonprofit Community
decrease giving The John Merck Fund $217,481,774 $14,073,280 12/31/06 Planning to give $9.5 million this year, down from $13 million. Foundations are Feeling the Pinch
increase giving The Highland Street Foundation $213,370,407 $6,355,086 12/31/06 Will increase giving by about $1 million to a total of $12 million this year. Foundations are Feeling the Pinch
new initiative Minnesota Community Foundation $213,139,565 $17,951,877 12/31/07 With the Saint Paul Foundation, announced the creation of a new community economic relief fund with commitments of more than $2 million. Minnesota Community Foundation and Saint Paul Foundation Commit $2 Million to Launch Economic Relief Fund Community Economic Relief Fund
decrease giving General Motors Foundation, Inc. $203,758,120 $31,433,971 12/31/07 Has no budget for 2009 and no immediate plan for resuming charitable giving. Detroit Nonprofits Feel Pain of GM Bankruptcy A New Blow to Arts Groups Funded by Automaker
decrease giving Freddie Mac Foundation $197,542,234 $22,232,459 12/31/07 Giving for 2009 is unknown, but the amount is likely to be less than in recent years. Fannie Mae, Freddie Mac Resume Charitable Activities Fannie Mae, Freddie Mac Start Giving
decrease giving The George I. Alden Trust $196,657,000 $10,136,000 12/31/07 Plans to cut 2009 grants by one-quarter, about $2 million. Foundations are Feeling the Pinch
new initiative Community Foundation for the Fox Valley Region, Inc. $196,582,546 $18,306,967
6/30/08 Announced the new Bridge Grant Program, designed to help charitable organizations deal with budget pressures created by the recession. Community Foundation Update (6/20/09) Grants Offer Help to Nonprofits Struggling With Recession
decrease giving S. H. Cowell Foundation $178,823,158 $8,070,812 12/31/07 Although the grants budget will be reduced in terms of dollars, the Foundation estimates that it will payout 10 percent of its corpus in grants in 2009. President's Letter
no change in giving Research Corporation $178,455,427 $5,651,034 12/31/07

Instead of cutting programs or reducing funding for 2009, will cut administrative costs and modify existing programs to be more effective.

Reaffirming Our Commitment
decrease giving Chais Family Foundation $178,009,106 $8,183,020 5/31/07 Immediately halting grantmaking and closing its doors. Fallout From Madoff Scandal Spreads
new initiative Sierra Health Foundation $168,807,251 $3,706,758 12/31/06 Has committed $1 million for safety-net services through its Responsive Grants Program. Responsive Grants Program
new initiativegiving trend unclear The Community Foundation of Greater Birmingham $164,495,277 $14,028,119 12/31/07 Temporary changes in grant guidelines for 2009, as well as a new Housing Stability Fund. Grant Changes, New Fund in Response to Economy
no change in giving The Melville Charitable Trust $162,851,496 $4,594,667 12/31/07 Plans to maintain its level of giving in 2009. Foundations are Feeling the Pinch
decrease giving Wege Foundation $162,542,383 $13,621,053 12/31/06 Giving in 2009 will be down 20 percent, and the foundation will not be providing grants to new programs and capital projects. Grand Rapids Foundations Feeling Effects of Recession Grand Rapids Foundations Watch Their Pennies as Portfolios Fall
giving trend unclear Madison Community Foundation $155,768,495 $10,661,376 12/31/07 Plans to spend the entirety of unrestricted-fund grants for 2009 on basic needs. Madison Community Foundation to Shift Funding to Food, Shelter, Energy
decrease giving Frey Foundation $155,363,218 $5,687,370 12/31/07 Expects to give about 7 percent less than last year. Grand Rapids Foundations Feeling Effects of Recession Grand Rapids Foundations Watch Their Pennies as Portfolios Fall
decrease giving The Hyams Foundation, Inc. $155,342,842 $5,089,333 12/31/06 Will give about $4.9 million this year, down 7 percent from last year. Foundations are Feeling the Pinch
new initiative Toledo Community Foundation, Inc. $150,180,751 $8,639,886 12/31/07 Created a new fund to be used exclusively for grants to nonprofit groups that provide food, clothing and shelter assistance in Northwest Ohio and Southeast Michigan. Foundation Creates Safety Net Fund; Invites Local Givers to Join
new initiative The Prudential Foundation $135,872,529 $24,303,612 12/31/07 Formed the 2008 Fund for Families, an initiative that will immediately disperse $1 million to address urgent needs caused by the nation's financial downturn. The Prudential Foundation Launches New Initiative to Help Families Affected by Economic Downturn
decrease giving Henry L. Hillman Foundation $123,325,849 $4,802,740 12/31/07 Grantmaking expected to decline. McCune Foundation to Consider Resuming Grantmaking McCune Foundation May Resume Taking Grant Proposals
no change in giving Mertz Gilmore Foundation $120,591,286 $6,939,480 12/31/07 Striving to sustain the same work in 2009. Mertz Gilmore, Argosy Foundations, Harvard Respond to Economic Crisis Mertz Gilmore to Hold Grant Funding Steady in 2009
new initiative Peter G. Peterson Foundation $116,780,194 $0 3/31/08 Teamed up with mtvU to create InDebtEd, a new campaign for college students that raises awareness about the dangers of personal and government debt and promotes action to help stop the fiscal crisis in the United States. PGPF Teams Up With MTVU on InDebtEd
giving trend unclear Wiregrass Foundation $105,894,118 $3,014,399 12/31/07 The foundation is postponing new commitments until the latter half of 2009. The April grant cycle is cancelled, but grantmaking is expected to resume in June. Special Notice
new initiative Community Foundation of Greater Fort Wayne $101,538,203 $5,363,747 12/31/07 Announced emergency grants totaling $200,000 to eleven local nonprofits. Community Foundation Update (1/24/09) Community Foundation Provides $200,000 in Emergency Grants
new initiative Community Foundation for Southern Arizona $99,779,290 $8,022,795 6/30/06 Set aside this year's grant money before the economic downturn, and plans to grant $500,000 to nonprofits serving the community through their new Economic Relief and Stability Fund.

Community Foundation Update (2/21/09)

Economic Relief and Stability Fund
increase giving Jerome Foundation $95,158,549 $3,596,993 4/30/07 In the 2008-2009 fiscal year, the Jerome Foundation will distribute more in grant dollars than it did in 2007-2008, yet less than it planned to commit. Jerome Foundation Web Site
giving trend unclear Dean and Margaret Lesher Foundation $88,102,619 $3,939,407 12/31/07 Will accept grant proposals only from those nonprofit organizations it is currently funding or has funded in the past. Lesher Foundation Web Site
decrease giving New York Foundation $82,953,374 $4,663,773 12/31/07 Planning to maintain grant levels for returning grantees. As a result, fewer new grants will be made. New York Foundation Web Site
new initiative United Way of Central Alabama, Inc. $81,818,207 $25,965,635 12/31/07 Created the Community Crisis Fund to provide help to social service providers. United Way Seeks Donations for 'Community Crisis' Fund
decrease giving Gebbie Foundation, Inc. $81,795,369 $3,477,590 12/31/06 Not committing to new programs and capital projects for the time being. Economy Hurts Foundations
decrease giving The Reinberger Foundation $81,710,371 $3,984,234 12/31/07 Will not be accepting requests for Education and Health for 2009. Welcome to the Reinberger Foundation
new initiative The PepsiCo Foundation, Inc. $80,805,951 $23,291,549 12/31/07 Announced a strategic partnership with the United Nations World Food Program (WFP) designed to enhance WFP's ability to deliver food and relief to vulnerable communities. PepsiCo Foundation, UN World Food Program Announce Partnership PepsiCo Foundation and United Nations World Food Program Announce Partnership to Enhance Humanitarian Relief Delivery Around the World
new initiative The Youngstown Foundation $77,519,435 $3,213,551 12/31/07 Plans to institute a Crisis Assistance Program for 2009 with an initial allocation of $30,000 to address basic needs.

Crisis Assistance Program

decrease giving The Edward E. Ford Foundation $76,332,078 $2,726,586 9/30/07 Roughly $750,000 in grants will be awarded per meeting for the foreseeable future. Recent Board Action
decrease giving Ford Motor Company Fund $74,954,772 $6,527,567 12/31/07 Expects to cut giving 40 percent from last year's total of $35 million. Detroit Grantmakers Face Tough Funding Decisions As Detroit Struggles, Foundations Shift Mission
no change in giving Blue Shield of California Foundation $72,889,326 $31,461,056 12/31/07 Will meet all existing grant commitments and will release new requests for proposals for core operating support and capacity building initiatives that fund community clinics and domestic violence service providers. From the President and CEO
new initiative Oshkosh Area Community Foundation $72,617,125 $3,101,513 6/30/07 In response to a worsening economy, the foundation is offering basic needs grants to local nonprofit organizations. Community Foundation Offers Basic Needs Grants
new initiative Montana Community Foundation $62,990,203 $1,337,946 6/30/07 Created the emergency relief fund, called Big Sky LIFT, to make one-time critical needs grants. Big Sky LIFT: Lift for Individuals/Families in Financial Trouble
decrease giving Argosy Foundation $62,237,820 $15,911,638 12/31/06 Will significantly reduce grantmaking. Mertz Gilmore, Argosy Foundations, Harvard Respond to Economic Crisis Argosy's Response to Recent Developments in Global Markets
giving trend unclear

The Salem Health and Wellness Foundation, Inc.

$56,698,733 $397,313 12/31/07 Will strategically focus funding on two areas of need: outpatient and crisis mental health services and dental health services for the uninsured. An Important Message From the Foundation
increase giving Eos Foundation $49,768,188 $1,544,777 6/30/08 Planning to increase antipoverty spending despite a 30 percent loss in assets. Downturn Spurs Some Mass. Foundations to Increase Grants
giving trend unclear Initiative Foundation $48,004,522 $1,189,456 6/30/07 To speed the economic recovery, the foundation announced plans for $3.1 million in nonprofit grants and business financing. Initiative Foundation Announces 2009 Focus on Economic Recovery
increase giving Community Foundation for South Central New York $39,911,429 $2,795,513 12/31/07 Announced an increase in total grant dollars available for its general grant program in 2009. 2009 Competitive Grant Funding to Nonprofit Agencies Should Prepare and Submit Proposals for Spring Grant Round by March 2nd
new initiative United Way of Central Maryland, Inc. $38,918,255 $30,240,517 6/30/07

Plans to raise $1 million for an emergency response fund to help local charities meet a growing need for food, housing, and utility assistance.

United Way of Central Maryland to Raise $1 Million for Emergency Fund United Way Aims to Raise $1 Million Emergency Fund
decrease giving The Harder Foundation $38,140,636 $1,415,000 12/31/07 A substantial reduction in grant making for this year and next. Will eliminate the spring grant cycle and will not award new grants in 2009, with few exeptions.   President's Message for 2009
giving trend unclear Brandywine Health Foundation $34,717,466 $696,490 6/30/07 Announced that it is postponing all grant decisions until July and will avoid funding new grantees and projects. Philadelphia-Area Grantmakers, Nonprofits Increasingly Feeling Squeezed Donors' Belt-Tightening Squeezes Grantees
no change in giving Northwest Health Foundation, Fund II $33,755,439 $5,901,973 12/31/07 Will maintain its 2009 program budget at the same level as 2008. The Effects of the Global Financial Crisis on Northwest Health Foundation
new initiative The Lancaster County Community Foundation $32,122,747 $937,337 12/31/07 Through Family Aid, the Community Foundation will be partnering with nonprofit organizations to provide immediate assistance to families who suddenly find themselves in a tough situation because of job loss. Programs and Initiatives: Family Aid
new initiative Community Foundation of Jackson Hole $29,955,385 $14,460,881 12/31/07 Established the Economic Response Initiative to support organizations providing food, shelter, safety, emergency financial assistance and healthcare to vulnerable families and individuals.  Forgoing Dinner So Others Can Eat
increase giving The DuPage Community Foundation $24,829,353 $1,322,937 6/30/08 Increased its spring grant budget by $50,000. Community Crisis Challenge
giving trend unclear Blanche & Julian Robertson Family Foundation, Inc. $24,399,898 $2,551,010 12/31/07 The foundation's index fund was down 38 percent in December of 2008, and giving for the next year is uncertain. Financial Crisis Hurting Local Foundations
decrease giving A.L. Mailman Family Foundation, Inc. $23,985,363 $1,025,737 12/31/07 Not inviting proposals for new projects, due to a decrease in assets. A.L. Mailman Family Foundation Web Site
decrease giving Richard E. and Deborah L. Tarrant Foundation, Inc. $19,478,073 $1,773,130 12/31/07 Will have substantially less available than in previous years. Tarrant Foundation Web Site
new initiative Napa Valley Community Foundation $17,615,810 $2,660,784 6/30/07 Announced an emergency "safety net" grant program to help meet increased demand for basic needs. Napa Valley Community Foundation Web Site
new initiative Community Foundation of Madison and Jefferson County, Inc. $16,790,704 $533,906 12/31/07 Started a special “Help Your Neighbor” campaign instead of conducting its traditional competitive grant programs this year. Up to $30,000 is available. Grants Program Suspended and Help Your Neighbor Initiated
giving trend unclear The W.L.S. Spencer Foundation $15,259,526 $1,227,666 12/31/07 The Foundation will only consider grant requests from previously funded organizations. Grantmaking Guidelines, Updated 1/23/09
giving trend unclear Paul G. Allen Foundation $14,223,731 $25,599,408 12/31/06 Reduced both the number and size of grants in some areas, and will focus many grants on helping nonprofit organizations provide short term emergency needs, as well as long-term efforts such as job training. Squeezed by Recession, Seattle Foundations to Scale Back in 2009 Our Response to the Current Economic Crisis
new initiative Jewish Funders Network $12,908,643 - 12/31/06 Announced the launch of a $5 million fund to assist nonprofits harmed by Bernard Madoff. Jewish Funders Network Establishes Fund to Help Nonprofits Harmed by Madoff Scheme Jewish Funders Network Web Site
no change in giving Jewish Funds for Justice $12,891,042 $2,408,854 6/30/07 While one of JFSJ's donor-advised funds is at risk, none of its operational funds have been impacted. Jewish Funds for Justice Responds to the Madoff Scandal
decrease giving The Paul Rapoport Foundation, Inc. $10,435,546 579,000 6/30/08 Announced that it will cease grantmaking on June 30, 2014, and close its doors by the following year. Paul Rapoport Foundation to Spend Out, Cease Operations Paul Rapoport Foundation to Close its Doors in 2015
decrease giving JEHT Foundation $7,503,918 $224,208,994 12/31/07 Immediately halted grantmaking and closed its doors at the end of January. Fallout From Madoff Scandal Spreads Statement of Robert Crane, President of the JEHT Foundation, on behalf of the Foundation's Board of Directors
decrease giving Robert I. Lappin Charitable Foundation $7,121,068 $164,971 12/31/06 Has reopened since closing in December, with reduced funding for several local programs. Fallout From Madoff Scandal Spreads Foundations are Feeling the Pinch
decrease giving Fulfillment Fund $6,875,641
$143,084 6/30/07 Has reduced the number of college scholarships it offers to Los Angeles public high school students over the past three years by nearly half. Scholarships Harder to Come By as Providers Cut Back Scholarships for College Dwindle as Providers Pull Back Their Support
giving trend unclear GE Foundation $6,573,815 $88,252,767 12/31/06 Planning to shift more of its grant dollars to organizations and programs working to meet basic needs such as food, shelter, and clothing. GE Foundation to Shift More Grant Dollars to Basic Needs GE Foundation Switches Donation Focus to Basic Needs
giving trend unclear Union Labor Health Foundation $6,176,803 $232,572 6/30/07 Board of Directors has established new priorities for grants this spring, focusing on partnerships with programs that ensure access to basic treatment and care. Community Health Grants Will Target Basic Care
new initiative Community Foundation of Burke County $5,375,614 $354,369 12/31/06 Has waived administration fees for contributions to the new Recession Response Fund so that all money raised will be granted during 2009 for critical and basic needs in Burke County. New Foundation Fund Will Help Fight Recession
decrease giving International Aid, Inc. $4,379,913
$108,105 6/30/08 Announced that it would cease operations, effective immediately. International Aid Ceases Operations International Aid Announces Closure
decrease giving The New York Times Company Foundation, Inc. $2,499,227 $6,556,421 12/31/07 Announced it will suspend grant-making and the company's matching gift program. Foundation of the Times Suspends Gift Program
decrease giving Cory and Bob Donnalley Charitable Foundation $1,500,137 $129,617 10/31/07 Expects a 30-40 percent decrease in grants through 2010 due to a decline in assets.
decrease giving San Marcos Community Foundation $1,219,619 $57,709 6/30/07 Suspending grantmaking activity until further notice as of November, 2008. San Marcos Community Foundation Web Site
giving trend unclear Mustard Seed Foundation, Inc. $969,419 $8,037,912 12/31/07 After temporary suspension starting in October 2008, the foundation has resumed grantmaking. Mustard Seed Foundation: Grants
decrease giving Eulalie Bloedel Schneider Foundation $855,419 $27,000 12/31/07 Unable to accept requests for 2009 spring and fall funding cycles. Eulalie Bloedel Schneider Foundation Web Site
 giving trend unclear Margaret C. Woodson Foundation, Inc. $634,299 $844,011 12/31/07 Availability of grant money for 2009 is uncertain. Financial Crisis Hurting Local Foundations
decrease giving Samueli Foundation $251,031 $4,192,995 12/31/06 Foundation concentrating resources on its current grantees and partners; no longer accepting LOIs. Samueli Foundation Responds to Economic Crisis Beginning November 24, 2008, the Samueli Foundation Will No Longer Be Accepting Letters of Inquiry (LOI) or Unsolicited Proposals
decrease giving Charlotte Geyer Foundation $2,384 $1,334,659 12/31/06 As of January 2009, the Foundation will discontinue interim funding for cancer research projects, and is not accepting new applications. Charlotte Geyer Foundation Web Site
no change in giving Yawkey Foundations Plans to maintain giving levels in 2009. Foundations are Feeling the Pinch
 
Corporations/Matching Gifts
decrease giving Fannie Mae, Office of Community and Charitable Giving       Giving for 2009 is unknown, but the amount is likely to be less than in recent years. Fannie Mae, Freddie Mac Resume Charitable Activities Fannie Mae, Freddie Mac Start Giving
decrease giving General Motors       Closed the door on their matching programs or significantly reduced the matching ratio. Companies Cutting Back on Matching Gift Programs Next Benefit to Face the Ax: Matching Gifts
no change in giving Kimberly-Clark Corporation Contributions Program       Will continue its charitable giving at least at the same level as last year. Kimberly-Clark's New Top Regional Executive Gets Situated in Fox Valley
decrease giving Northrop Grumman       Closed the door on their matching programs or significantly reduced the matching ratio. Companies Cutting Back on Matching Gift Programs Next Benefit to Face the Ax: Matching Gifts
decrease giving Pfizer       Closed the door on their matching programs or significantly reduced the matching ratio. Companies Cutting Back on Matching Gift Programs Next Benefit to Face the Ax: Matching Gifts
foundationcenter.org
© Foundation Center
All Rights Reserved.
Privacy Policy