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This week, the Chronicle of Philanthropy let us in the nonprofit world know about a report citing that the foundation world is decreasing their giving by 10 percent. Of course, we already figured this out months ago. Charitable giving is down. Just ask the people we have laid off, the employees that haven’t received raises in years, or the staff who are now performing multiple jobs.
Thank you, stock market. For decreasing the foundation world’s financial assets by 22 percent. It’s hard enough convincing a foundation to give a portion of their investment proceeds to us. It’s like applying to Harvard. They get thousands and thousands of applications, from charities that are desperately needed in this hurting economy. It is already difficult for them to choose the best charity. But now, for us it might be easier just to buy a lottery ticket.
Last week, in Los Angeles, we were told that the numbers of homeless families and adults that are clamoring to receive our services is just an illusion. We were told that 38% of the homeless population has vanished. Even though, our program numbers have documented a 10 percent increase in demand. This decrease makes us look like liars. Like we made up these figures. Who wants to give if they think their charities are issuing false numbers. Does that mean revenue from the public will diminish as well?
Decreasing foundation revenue and supposedly decreasing homeless numbers feels like being punched by boxer Mohammad Ali, during his hey day. On one eye. Then the other.
Sadly, less revenue, and increased need (no matter what public officials say), means less people living on our streets will be helped.
(Pic from http://timesonline.typepad.com)