January 2009
What impact will ‘high-impact philanthropy’ trend have on the arts?
Posted by Sue Robinson on January 31, 2009 in Uncategorized
There’s a new buzz phrase, or at least one new to me, buzzing around: High-Impact Philanthropy. The Center for High Impact Philanthropy at The University of Pennsylvania (http://www.impact.upenn.edu/index.html) has ties to the Wharton School. That center defines its work as “defining the efficient frontier of philanthropy.” Various sources seem to commonly define “high-impact philanthropy” as something […]
Following the (Madoff) money
Posted by Sue Robinson on January 31, 2009 in Uncategorized
A New York Times columnist today posted the list of private foundations that invested all or part of their assets with Bernie Madoff. Three are 147 on the list and some of these may support organizations we are studying. http://kristof.blogs.nytimes.com/2009/01/29/madoff-and-americas-poorer-foundations/?hp
Update on Brandeis bad decision
Posted by Sue Robinson on January 29, 2009 in Uncategorized
“Unprincipled,” “bad economics,” “sets a bad precedent” and “astonishing” are some of the words being used to describe the decision by Brandeis Univesity trustees to sell its valuable art collection to pay bills.
The New York Times reported yesterday that “The Massachusetts attorney general’s office said on Tuesday that it planned to conduct a detailed review […]
Bad news from Brandeis University
Posted by Sue Robinson on January 27, 2009 in Uncategorized
Shocking news yesterday from Brandeis University could well be a harbinger of things to come but seems to be costly decision with maddening long-term consequences designed to solve a short-term problem.
With is endowment ($700 million at one point) down dramatically (although no one is saying how much), the university announced yesterday it will sell off its largest […]
“All the World’s a Stage”
Posted by tiara davis on January 22, 2009 in Uncategorized
“All the world’s a stage, and all the men and women merely players…” –William Shakespeare
The inauguration of Barack Obama was a very strong reminder of this Shakespearean phrase as he delivered his address to a sea of people so great that not even the cameras’ far-spanning range could capture it all. On this monumental day, […]
To Be Both Feared and Loved
Posted by Meredith Hull on January 22, 2009 in Uncategorized
At the start of this summer the economy was already in shambles: gas prices had skyrocketed and stocks were dropping to new lows. A certain trend in the world of philanthropy would seem to be new lows in giving. However, research shows that a substantial number of foundations, 37% according to Suzanne Perry, […]
Saved by the community
Posted by ari corson on January 22, 2009 in Uncategorized
It seems these days that the financial crisis that America is facing has cast a dark shadow over the future of arts. With people losing money in scandals and fearing for future losses, they are becoming less inclined to provide the assets arts companies need to survive. What is truly scary, though, is not when […]
The Virginia Symphony’s Fight for Survival
Posted by daniel schauder on January 22, 2009 in Uncategorized
The Virginia Symphony was founded in 1920. Since then, the organization has lived and grown for nearly ninety years, thriving during times of prosperity, and managing to survive during times of extreme hardship such as the Great Depression of the thirties and a number of difficult wars. While the Virginia Symphony has weathered the most […]
Barnes Foundation
Posted by Bridgette Weeks on January 22, 2009 in Uncategorized
In a time of economic crisis it seems that arts organizations are the first to fall by the wayside when it comes to contributed income. In recent months, many arts organizations have been in dire need to financial assistance. Sue Hoye write for the Philanthropy Chronicle and says, “as the economy worsens, philanthropy experts […]
The Gift of Hope
Posted by gp8nn on January 22, 2009 in Uncategorized
Everybody knows that the future of this country, this world, relies on our children and the generations to come. When you look at today’s society and the group of young people it has churned out, it may seem pretty grim. Between materialistic children who act like the world owes them something, to the […]