PM - Charities suffer from global financial crisis

PM - Charities suffer from global financial crisis: "Charities suffer from global financial crisis
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PM - Wednesday, 29 April , 2009 18:42:00
Reporter: Brigid Glanville
MARK COLVIN: It's not just businesses or families doing it tough during these hard economic times, charities are suffering too.

As the corporate world tightens its belt, the not-for-profit sector is now being forced to cut costs as donations dry up.

The latest to suffer is Epilepsy Action Australia, the national body that supports nearly half a million Australians.

There's concern that vital charities may be forced to close due to the massive fall"

Charities forced to axe thousands of jobs - UK Politics, UK - The Independent

Charities forced to axe thousands of jobs - UK Politics, UK - The Independent: "Charities employed just over 500,000 staff in 2000 and the total rose to 624,000 at the end of 2004 and 724,000 last autumn. But new official figures show the number suddenly dropped in the last three months of 2008 to 716,000, the first fall on record for a decade. Voluntary organisations say the trend accelerated in the New Year."

Volunteers are important

Volunteers are important: "An investment in volunteerism makes good economic sense and has a direct impact on the economy and business in our community. According to Stats Canada, there are over 161,000 nonprofits and registered charities in Canada. Collectively they contribute $112 billion in revenue towards the economy, a number larger than the GDP contribution of Canada's entire manufacturing industry."

Ford Foundation to Close Offices In Hanoi and Moscow - Philanthropy.com

Ford Foundation to Close Offices In Hanoi and Moscow - Philanthropy.com: "After losing almost one-third of its assets during the last year, the Ford Foundation has announced it will close its offices in Russia and Vietnam.

“Given our obligation to our grantees worldwide, and the people they serve, we have been forced to make some very hard choices to bring about further savings,” Luis A. Ubiñas, the foundation’s president, wrote in an e-mail message he sent to Ford employees on Tuesday. “It is with great regret that I share the news that the foundation will be winding down its operations in Vietnam and Russia by the end of September"

Marie Curie Cancer Care is first Nestle charity of the year - Third Sector

Marie Curie Cancer Care is first Nestle charity of the year - Third Sector: "Marie Curie Cancer Care is first Nestle charity of the year

By Kaye Wiggins, Third Sector Online, 30 April 2009

Company aims to raise £250,000 by next April

Nestlé UK has named Marie Curie Cancer Care as its first charity of the year."

Asian American Giving: Role of philanthropy in China

Asian American Giving: Role of philanthropy in China: "I was twittering at Give2Asia's Investing in China Philanthropy Forum in Beijing last week. You can find the play-by-play details of the event here. I thought I would share some of the highlights from the tweets:"

Professional Fundraising | UK's richest increase giving despite falls in wealth

Professional Fundraising | UK's richest increase giving despite falls in wealth: "The UK’s philanthropists have increased their charitable giving by 8 per cent in the last year despite seeing their wealth fall by more than a third, according to the Sunday Times Rich List."

Red Shield Appeal to be launched today | National Breaking News | News.com.au

Red Shield Appeal to be launched today | National Breaking News | News.com.au: "Red Shield Appeal to be launched today

AAP

April 29, 2009 12:01am


THE Salvation Army is calling on Australians to be generous despite the tough economic times, hoping to raise $73 million from its 2009 Red Shield Appeal.

The doorknock will be held on the weekend of May 23 and 24, with the money raised to help fund the Salvation Army's support programs, including crisis accommodation, employment, counselling and addiction recovery services."

Raising funds for victims of rising river - Winnipeg Free Press

Raising funds for victims of rising river - Winnipeg Free Press: "An estimated 50,000 people took in the show, headlined by such acts as Randy Bachman, Burton Cummings, Tom Cochrane, the Watchmen, Chantal Kreviazuk, Fred Penner and Daniel Lavoie.

The 1997 organizer was veteran Winnipeg producer and agent Gilles Paquin, who's back on board this time.

'We've made calls to lots of artists,' said Paquin, who has produced numerous high-profile Manitoba events. 'People want to be part of it, but we haven't nailed anything down.'

There is the perception that the devastation caused by the '09 flood is not as great as 1997's, Paquin says.

'But that doesn't mean (a fundraiser) is any less needed.'"

Charity Finance | Scottish charities may receive public benefit leniency

Charity Finance | Scottish charities may receive public benefit leniency: "Scottish charities may be given assistance in meeting the public benefit test, after the Scottish government published a consultation document proposing amendments to the Charities and Trustee Investment (Scotland) Act 2005."

Metro - ‘Incredible’ donations

Metro - ‘Incredible’ donations: "Tenants in 181 apartment buildings around the city set a record for gathering 126,000 pounds of food for the Ottawa Food Bank last week, breaking the previous record by 6,000 pounds."

People give Rs140bn to mostly unregulated charities

People give Rs140bn to mostly unregulated charities: "KARACHI: The money Pakistanis donate to different charities may easily have swelled to Rs140 billion since the last philanthropy survey was conducted 10 years ago, said Dr Shams Kassim Lakha, Chairman Pakistan Centre for Philanthropy (PCP).

Dr Lakha, who is also President of Agha Khan University, told The News in a recent interview that a household survey carried out in 1998-99 showed that people were giving away a total of Rs72 billion in charity, though mostly to organisations that are neither regulated nor maintain audited accounts."

Gulf Daily News » Local News » Raft race hit by financial crisis

Gulf Daily News » Local News » Raft race hit by financial crisis: "THE global economic crisis has hit one of Bahrain's biggest charity events, with a slump in vital corporate sponsorship.

Less than half the target cash has been raised for the Rotary Club of Salmaniya's annual charity raft race, being held on Friday at Al Bander Resort, Sitra.

Twenty-two teams have entered, well short of the 30 organisers were hoping for."

Hudson Institute > Fourth Annual Index of Global Philanthropy and Remittances Shows Private Philanthropy, Remittances Provide Lifeline to Developing Countries During Recession

Hudson Institute > Fourth Annual <I>Index of Global Philanthropy and Remittances</I> Shows Private Philanthropy, Remittances Provide Lifeline to Developing Countries During Recession: "Fourth Annual Index of Global Philanthropy and Remittances Shows Private Philanthropy, Remittances Provide Lifeline to Developing Countries During Recession

April 27, 2009
by Hudson Institute

WASHINGTON—Despite the global recession, private giving and remittances are expected to be lifelines to help developing countries weather the economic storm, according to the new 2009 Index of Global Philanthropy and Remittances published by Hudson Institute's Center for Global Prosperity (CGP)."

Ex-hedge fund veteran urges wealthy to give

Ex-hedge fund veteran urges wealthy to give: "Stanley Fink, the former chief executive of hedge fund Man Group who quit last year to focus on philanthropy, has urged entrepreneurs and wealthy individuals in the UK to ensure that charitable giving in the country does not suffer amid fears that last year's rise in donations could be short-lived."

One in eight charity donors increase giving - Third Sector

One in eight charity donors increase giving - Third Sector: "One in eight charity donors increase giving

By Sarah Townsend, Third Sector, 28 April 2009

Recession no barrier for some, Justgiving survey finds

Almost one in eight donors has increased their charitable giving despite the recession, a survey of donors by website Justgiving has suggested."

Charity should be part of every day life, says ambassador - Times Online Rich List

Charity should be part of every day life, says ambassador - Times Online Rich List: "Dame Stephanie Shirley, who was given the job last week, said philanthropy should be part of everyday life, taught in schools and that people should ask one another in everyday conversations what they have done to help others."

Charity collectors to approach WH Smith shoppers | Society | guardian.co.uk

Charity collectors to approach WH Smith shoppers | Society | guardian.co.uk: "British Red Cross fundraisers were allowed into a central London branch of the chain last week as part of the trial. Charity street fundraisers, dubbed 'chuggers' or charity muggers, are a vital source of income for voluntary organisations but are thought to be unpopular with shoppers."

Charities in Asia Work to Keep Donors Engaged During the Recession - Philanthropy.com

Charities in Asia Work to Keep Donors Engaged During the Recession - Philanthropy.com: "For the past 10 years or so, China and parts of East Asia have been seen as burgeoning philanthropy powerhouses.

But with the economic crisis hitting Hong Kong, Shanghai, and the region's other financial centers, some observers worry the wealthy, corporations, and other donors will be more cautious about giving."

Queen Rania Of Jordan Used Homemade Jam Jar To Illustrate Her Points At Philanthropy Conference | AHN | April 24, 2009

Queen Rania Of Jordan Used Homemade Jam Jar To Illustrate Her Points At Philanthropy Conference | AHN | April 24, 2009: "Giving the keynote address at the event in Washington, the monarch stressed that 'the need for global philanthropy is more urgent than ever before' before asking 'How do we know when philanthropy is making a positive difference?'

Clutching the jam, she explained the answer could be found in the story of a nine-year-old Jordanian girl, Leila, who was asked to come up with a healthy breakfast for her schoolmates.

Leila collected uneaten apples from pupils and, with the help of her mother, made a large jar of jam which was served in school and then sold on at markets. All profits were donated back to the disadvantaged school."