Monday, December 16, 2013
Foundation Invests Assets in Local Community and Sees Results in Many Ways - NPQ - Nonprofit Quarterly
Foundation Invests Assets in Local Community and Sees Results in Many Ways - NPQ - Nonprofit Quarterly: The Great Recession has been tough on everyone, as we all know, but it may have been doubly hard on nonprofits. Not only did the demand for social services increase at a rapid rate as people looked for help, but the funding was decreasing from both government and contributed sources. The window for this latter problem may not be closed, as many foundations that invest in Wall Street average the amount earned over the past three to five years to determine the amount they can give away in grants this year. So, the stock market’s downturn is still included in those calculations. Not to mention the fact that many foundations lost large portions of their principal, which is only now beginning to rebound.