Posts Tagged: Chicago Community Trust

Database to Track Spending on Human Needs Aimed at Preserving Aid

Last spring many Illinois human-service charities were facing the prospect of slashing, or even closing, their programs after the General Assembly adopted what was dubbed a “doomsday” 2010 state budget. The final budget tempered some of the proposed cuts, but the deep uncertainty about the stability of state revenue prompted two leading philanthropic organizations to start an effort to “follow the money.” United Way of Metropolitan Chicago and the Chicago Community Trust, a community foundation, are working to build a… Read more »

The Merger Wave that Never Broke

When the economy began tanking, a buzz of merger predictions ran through the non-profit world. With resources shrinking and too many organizations competing with each other, the time seemed ripe for consolidation. But nationally that hasn’t happened, at least on the scale predicted. Many non-profits are “intrigued” by mergers, says Jean Butzen, 52, president of Mission Plus Strategy Inc., an Evanston consultancy that advises on such deals. That’s supported by data from the Boston-based Bridgespan Group, which in both November… Read more »