Taking Informed Action in Challenging Times: Helping Community Foundations during Economic Downturn
Following up on CF Insights' November 2008 report "Making Informed Decisions in Uncertain Times", this report is aimed at helping community foundations take informed action in relation to their operating models and community activities in reaction to the economic slump. The findings are based on quantitative and qualitative research conducted with 95 community foundations during the spring of 2009. The research findings overall underscore that the field has been able to "make lemonade" from the crisis. In light of tepid expectations for assets and gifts for the rest of 2009, community foundations are being creative and thoughtful in how they allocate precious resources and step up their community leadership.