Displaying items by tag: nonprofits

The announcement last month that five of the most influential U.S. charitable foundations would be substantially increasing their giving levels was met with gratitude by philanthropic leaders in Southwest Michigan.

One week before schools throughout Michigan were ordered to shut down, leaders with Kids’ Food Basket had already begun to put a plan in place to meet the needs of the children they serve on a daily basis.

Rescheduled. Postponed. Canceled. These are the words Michigan nonprofits are using frequently these days when talking about the status of fundraisers that are critical to the financial health of their organizations.

LANSING — The Michigan Council for Arts and Cultural Affairs (MCACA) has awarded Emergency Relief Fund grants to 176 nonprofit arts and cultural organizations around the state. 

KALAMAZOO — As they deal with the effects the coronavirus pandemic is having on their bottom lines, businesses and organizations are engaging in some in-your-face thinking to generate revenue and keep their employees working.

Mike Goorhouse isn’t a banker, but the coronavirus pandemic has him thinking like one.

The fallout from the coronavirus pandemic proves how quickly sentiment can change among philanthropic donors. 

As the economic effects of the coronavirus deepen, the nonprofit sector faces unique organizational and financial challenges as it seeks relief and recovery.

The amount of money area foundations are able to give away this year won’t change much, if at all, but 2021 could see some level of decreases depending on what happens with the stock market in subsequent quarters.

While most Americans can self-quarantine against the coronavirus from the comforts of home, the area’s homeless population and domestic violence victims rely on shelters to keep them safe. Many guests and clients have complex needs, compromised immune systems, and chronic mental or physical health issues, making essential services even more critical.