The Economist published an article yesterday on the effects of the credit crunch on philanthropy – both from rich to poor countries, and within rich countries themselves. The author seems optimistic about the ability of US foundations to continue to give at the levels of past years, and highlights discussions on this subject at GPF last month:
“The word at a do-gooders’ shindig held in April, the Global Philanthropy Forum, was that big private donors will want cannier use of their money. One change would be to tie donations more tightly to specific projects. Another would be to concentrate on collaboration with existing projects rather than starting prestigious new ones. The outfits that receive the money to carry out the good works see it a bit differently. They want more flexibility, not tighter rules.“
Look for videos from GPF posted here.