Nacubo Meeting Attendees Say Economic Downturn Is Not All Bad News

Construction costs are down, and public colleges are benefiting from higher enrollments, officials say.

Full-text article by Goldie Blumenstyk is available via The Chronicle of Higher Education, 6.30.09. [Subscription required.]

3 Reasons For Prospect Research Before The Economy Improves

Nonprofits are coming around to the notion of prospect research is to fundraising what the research and development (R&D) department is to a for-profit corporation, according to Tony Glowacki, CEO at Bethesda, Md.-based WealthEngine.com.

As prospect research services are made more available, more nonprofits are starting to use them, Glowacki said. “That value proposition is taking a stronger hold in the market,” he said. It’s important to look at prospect research regardless of whether stock or real estate markets are down.

Full-text article is available via The NonProfit Times, 5.28.09.

Fundraising and the Economic Climate

CASE examines the impact of the current economic climate on institutions and advancement.

Full-text article is availabe via CASE.org, May 2009.

Index Quantifies Record Increase In Startups In 2008

The annual Index of Entrepreneurial Activity released Thursday by the Kauffman Foundation revealed that 2008 saw an increase in startups, the biggest increase since the foundation began tracking the activity in 1996. More lower-income than higher-income ventures started, a sign that many people turned to enterprise because job openings were scarce as a result of the recession.

Full-text blog posting by Kelly Spors is available via The Wall Street Journal, 4.30.09.

UW Cuts 34 in Fundraising Department

Due to losses sustained by its investment endowment, the University of Washington will cut 34 full-time fundraisers from its Advancement office and reduce 16 full-time positions to part-time status.

Full-text article by Clay Holtzman is available via The Puget Sound Business Journal, 3.2009.

Advancement and the Economy

CASE has pulled together resources to help educational institutions maximize the effectiveness of their advancement initiatives during challenging economic times. Please contact Rae Goldsmith, vice president of communications and marketing, with questions and comments or to suggest additional resources.

Full-text resource list is available via CASE, January 2009.