Foundations Feel the Impact of States’ Budget Gaps
Many Try To Assist Nonprofits Reeling From State Funding CutsNew York, NY — September 15, 2011. Nearly ninety percent of America’s largest foundations report that at least some of the nonprofit organizations they support have been severely affected by state budget cuts. One-quarter report having grantees that have been forced to suspend operations. According to the Foundation Center’s new report, Foundation Leaders Address the State Budget Crises , about half of the funders surveyed have provided assistance