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Download Philanthropy Annual PDF - Foundation Center

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Top<br />

Stories<br />

in the<br />

...the year had<br />

more twists<br />

and turns than<br />

a novel by<br />

Dickens...<br />

From <strong>Philanthropy</strong> News Digest<br />

The year opened with the global economy in crisis, a Wall<br />

Street scandal hanging over the world of philanthropy, and a new<br />

president — the first African American chief executive in the nation’s<br />

history — in the White House. By year’s end, the economy seemed<br />

to be on the mend, the bonus train was steaming ahead for some, and<br />

Congress was moving toward passage of an historic healthcare bill<br />

that promised to dramatically reduce the ranks of the uninsured. In between,<br />

the year had more twists than a novel by Dickens, as the United States began to<br />

wind down one war while escalating another; the stock market fell to 12-year<br />

lows, then roared back with startling swiftness; and ordinary Americans struggled<br />

to hold on to their homes, their jobs, and their hopes.<br />

As the year comes to a close, the editors of the <strong>Foundation</strong> <strong>Center</strong>’s <strong>Philanthropy</strong><br />

News Digest (PND) look back at some of the important philanthropic stories and<br />

personalities of 2009, and look ahead to the start of a new year and decade certain<br />

to bring their share of challenges, surprises, and as yet undreamed-of opportunities.<br />

2 | <strong>Philanthropy</strong> <strong>Annual</strong> 2009

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