The effect of the recession on the nonprofit sector is well-documented. Foundation endowments are down 25 to 30 percent, individual giving to nonprofits has slipped 20 percent from prior years, and state budgets have been slashed. GMA Foundations invited representatives from three of Boston’s leading management consulting organizations to discuss the changes they’ve seen in the nonprofit sector over the last six months. Continue Reading »

The Parker Foundation focuses its grantmaking exclusively on Lowell, the fourth largest city in Massachusetts.  Lowell was established in 1826 as the first planned industrial city in America.  With the decline of the textile industry, followed by the decline of high tech, it experienced an economic depression throughout much of the 20th century.  Inspired civic leadership and an influx of immigrant population (including the second largest Cambodian population in America) have given the city a new life.   A recent positive development has been the growth of a creative economy, spearheaded by the relocation of numerous artists to the city. 
Continue Reading »

The Discount Foundation invited Kim Bobo, founder and Executive Director of Interfaith Worker Justice, to discuss her new book Wage Theft in America: Why Millions of Americans Are Not Getting Paid and What We Can Do About It. Continue Reading »