As Detroit Struggles, Foundations Shift Mission
Posted January 27, 2009 2:28 PM
by Dylan Miyake
A recent article in the New York Times talked about the shift in focus of the Hudson-Webber Foundation in downtown Detroit. For years, Hudson-Webber has been funding organizations in the Detroit metro area. Given the changing philanthropic and economic landscape, however, Hudson-Webber has had to start playing a new role: "picking winners and losers."
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Is it time to face a new reality?
Posted January 21, 2009 9:23 AM
by Ted Jackson
Okay, so now we have a new President, and the stock market is down about 9% this year already. This is after about a 35-40% drop last year. The market is a good proxy for the economy. Not only did the economy crash last year, but it is still not looking good this year, even with Hope and Change in the highest office of the country. The President yesterday said that is it is time to rebuild what America stands for and time to recommit to our values (more or less). What I heard, was that is it time for a new strategy. This also applies to your organization.
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