ABAG recognizes the fundamental challenges our members face in a challenging economy and strives to provide support as members thoughtfully weigh options on how to proceed. The resources below are intended to provide information and examples to help our members adapt to this challenging economic environment.
For additional information or questions, please contact Elisabeth Hyleck, Strategic Initiatives Coordinator.
GENERAL INFORMATION AND RESOURCES
ABAG's Guide for Funding Basic Human Needs in a Challenging EconomyBaltimore Homeownership Preservation Coalition
To inform the funding community about the scale and scope of need among Central Marylanders, the Association of Baltimore Area Grantmakers has produced the Guide for Funding Basic Human Needs in a Challenging Economy, which focuses on eight areas critical to maintaining self sufficiency, which suffer during an economic downturn.
A coalition of public and private funders, lenders and nonprofit practitioners that work collaboratively to develop and implement key programs and policies to reduce the incidence of foreclosure and high cost lending in Baltimore.
America's Nonprofits Brace for Tough 2010, the Nonprofit Finance Fund, March 2010. Survey of 1,300+ nonprofit professionals expect that 2010 will be financially more difficult or as difficult as 2009.
Smarter Grantmaking in Challenging Economic Times - This briefing on the economy from Grantmakers for Effective Organizations provides concrete strategies and considerations to guide decisions about how best to support grantees in these trying economic times.
Five Percent Payout Requirement Guide
This concise guide from the Council on Foundations has been useful to many foundations in deciding how much to give.
"A to Z Survival Guide for Uncertain Times"
PhilanTopic, Foundation Center
Michael Seltzer, a regular contributor to PhilanTopic, compiled these past writings and strategy recommendations learned from grantees, clients, and fellow consultants.
"Families Step Up to Meet Economic Crisis"
Published by the National Center for FamilyPhilanthropy shares information, policies, ideas, and strategies from family philanthropy colleagues on moving forward during the current economic crisis.
Focus on the Economic Crisis by the Foundation Center
"The Effect of the Economy on the Nonprofit Sector: A June 2010 Survey"
This report from Guidestar shares how public charities and private foundations continued to take a beating during the first five months of 2010.
"Giving in Recessions and Economic Slowdowns"
The Center on Philanthropy at Indiana University analyzes four decades in their report on how recessions and economic slowdowns affect giving.
How to Handle Underwater Funds
Impact of the 2007-09 Economic Recession on Nonprofit Organizations, released by the Johns Hopkins Center for Civil Society Studies' Listening Post Project, is a nation-wide survey of nonprofit organizations working in the fields of children and family services, elderly housing and services, education, community and economic development and the arts.
"Past Economic Downturns and Outlook for Foundation Giving"
The Foundation Center's blog, PhilanTopic, evaluates past trends in giving during recessions. And since the Foundation Center has been collecting data on foundations since 1975, their wealth of data provides a clearer picture of what the future may hold for the sector.
"Making Informed Decisions in Uncertain Times" - CF Insights' report about the impact of the economic downturn on community foundations, including information on grantmaking, spending policies, budget implications and ways to communicate with stakeholders.
"Surviving Tough Economic Times: Q&A With Clara Miller, President/CEO, Nonprofit Finance Fund"
The Foundation Center's blog, PhilanTopic, features an interview of Clara Miller, President/CEO or Nonprofit Finance Fund.
American Recovery and Reinvestment Act Updates
The federal government's own website for information on ARRA and the distribution of stimulus funds. Includes links to each Federal Agency's recovery investments and grant programs.
ONE MARYLAND - Recovery and ReinvestmentMaryland Association of Nonprofit Organizations - Stimulus Now
This official site for the State of Maryland includesupdates recovery funding and its impact in Maryland.
Set of tools and information about funding available through the ARRA for many services provided by or affecting nonprofit organizations.