Wednesday, January 21, 2009

Council of Michigan Foundations :

Council of Michigan Foundations :

Presentation Topic: The Changing World of Philanthropy

For many Michigan nonprofits a perfect storm has hit and survival is the key question. How can foundations help grantees survive these difficult times and continue to serve the community?
Join us for a presentation to address these questions:
  1. Why is it urgently necessary to take action now rather than waiting for more clarity?
  2. What can nonprofits do right now with little additional cost (e.g., develop realistic cash flow projections to determine when/if they will hit the wall, etc.)?
  3. What can foundations do right now to help nonprofits turnaround (e.g., consider establishing an emergency fund, provide a forum for grantees to share best practices, provide letters of credit, etc.)?

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