Market meltdown hits Vancouver Foundation
This is going to be a huge hit to BC charities — some apply to the foundation for project funding and others have their own endowments within the Vancouver Foundation generating undesignated operating funds. You can read more about the decision in coverage by the Vancouver Courier here. And there’s more coverage by CBC here.
In Canada we are hearing a lot about how lucky we are that our economy has not been hit as hard as many others around the world. But it’s becoming clear that we can’t escape the impact. Many of our donors — institutional and individual — have experienced major loses. Everyone working in fundraising has to think seriously about how to make budget next year.
In coming posts, I’m going to give some ideas on how to work with donors and adapt your fundraising through these tumultuous times. If you have ideas to share, please do.
Related Posts:
- Vancouver Foundation 2010 application deadlines
- MEDICI, new patron of the arts
- Happy holidays!
- Required reading: Vital Signs 2007
- A recess from excess
