Events Detail

To The Rescue?

Foundations’ Grantmaking Response to the Financial Crisis
 

Friday, May 7, 2010 - 12:00 to 2:00 p.m.
Hudson Institute - Betsy and Walter Stern Conference Center
1015 15th Street, NW - Suite 600
Washington, DC 20005

Event Description

When the financial crisis first struck in late 2008, a flurry of foundation press releases promised to maintain commitments to grantees, uphold foundations’ missions, cut their own administrative costs, and establish emergency funds and other initiatives to help those hardest hit.  It’s not too soon to take a look at how the foundations have performed in the crisis.

We know, for instance, that foundation giving fell 8.4 percent between 2008 to 2009. But beyond that, what specific programs have foundations undertaken, for instance, to help homeowners deal with the problem of sub-prime mortgages and foreclosure, and help those out of work find new employment or workforce retraining? How did foundations respond to the shifting dynamics of the recession? Which foundations distinguished themselves in these trying times?   

  Holtz-Eakin, Dorfman, Schambra, Lawrence

On Friday, May 7, Hudson Institute’s Bradley Center for Philanthropy and Civic Renewal hosted former Congressional Budget Office Director DOUGLAS HOLTZ-EAKIN, Ph.D. for a discussion of his brand new study on foundations and the financial crisis, Responding in Crisis: An Early Analysis of Foundations’ Grantmaking During the Economic Crisis, published by The Philanthropic Collaborative. Joining him on the panel were AARON DORFMAN of the National Committee for Responsive Philanthropy and the Foundation Center’s STEVEN LAWRENCE. The Bradley Center's WILLIAM SCHAMBRA moderated the discussion.

Program and Panel
11:45 a.m.
Registration, lunch buffet

12:00 p.m.
Welcome by Hudson Institute's WILLIAM SCHAMBRA

12:10
Panel discussion
DOUGLAS HOLTZ-EAKIN, author
AARON DORFMAN, National Committee for Responsive Philanthropy
STEVEN LAWRENCE, The Foundation Center

1:10
Question-and-answer session

2:00
Adjournment

To Request Information
To request further information on this event or the Bradley Center, please contact Kristen McIntyre at (202) 974-2424 or kmcintyre@hudson.org.