The Budget Proposal - What’s the Buzz?
The Federal Budget
On Thursday, May 7th the Obama Administration presented their 2010 federal budget. Here are a few resources to help you understand how these budget decisions may impact your organization.
- The Chronicle of Philanthropy has a good overview, Nonprofit Groups Receive Mixed Results in Obama’s Budget.
- Minnesota Budget Bites participated in the telephone budget briefings that highlighted key aspects on the budget. Read their takeaways here.
- Learn more about what this budget means for your state with the OMB’s state by state fact sheets.
- If you’re on Twitter, follow the conversation under the #budgetnp hashtag
2009 Giving Forecast
This week the Minnesota Council of Foundations issued an update on how Minnesota’s foundation are responding to the economic crisis. I suggest carefully reviewing the information to see if your funders giving priorities or guidelines have changed.
For organizations outside of Minnesota, the Foundation Center is doing a great job of gathering information and analysis on the philanthropic community, including a similar giving forecast for national funders.
Foundation Updates
This Week’s Harvest
- Filing the E-Postcard? The deadline is next Friday, May 15th.
- Nonprofit News Roundup: Laws and Money from Not-For Profit Accounting
- What’s the Point of a Nonprofit Board, Anyway? from Blue Avocado
- The Chronicle of Philanthropy and the Nonprofit Finance Fund are offering a special series of live discussions on Financial Management in Tough Times.
- Thursday, May 14: Financing options
- Thursday May28: New ways for arts organizations to finance their operations
- Thursday June 11: The changing role of foundations
- Thursday June 25: Making capital campaigns work in the recession