Results tagged “grantmakersinarts”

Polling of grant funders revealed that they'd lost about twenty-two percent of their assets in 2008 and forecast losing another ten percent in 2009. Because they base their funding on rolling three-year intervals, artists and arts organizations can look forward to seeing the impact of these losses in 2011 and 2012 (in addition to an immediate ten-to-twenty five percent decrease in individual giving this year). God help you if you're a new organization, or are looking for funds from new sources, because the prevailing wisdom was that funders weren't looking for new opportunities.