GRANTS August 2009 NEWSLETTER
Most of the grants described in our newsletter are made possible through the generosity of past donors who established permanent, charitable funds with us during their lifetimes or through their wills. If you would like to learn more about how to do this, please contact our general counsel, Jane Wilton, at 212.686.2563
TABLE OF CONTENTS 2
Crunching the Numbers & Untangling the Budget Demystifying the Stimulus Package
3
Helping Community Health Centers Compete Rethinking a Business Model
5
Organizing a Maritime Renaissance
Playtime at Cypress Hills Child Care Center for these Brooklyn preschoolers is one of hundreds of programs provided by Community Development Corporations around the City. A grant to the Local Initiatives Support Corporation will help these groups restructure their business models to survive major losses in revenue. Photo courtesy of Cypress Hills Local Development Corporation
Filling Budget Gaps, Getting Stimulus Money, and Making the Bottom Line
E
ven before the New York State and City budgets started looking like Swiss cheese, funding for public programs was spread thin. Groups such as the Fiscal Policy Institute, the Human Services Council, the Local Initiatives Support Corporation, and the Primary Care Development Corporation, were created to help build strong and fiscally sound nonprofits that serve millions of New Yorkers every year. Today, as we face grim budget shortfalls, the health and even survival of many nonprofits depends, in part, on the work of these groups.