Funding crisis or maturing market?

Sophie Hobbs

THE ‘FUNDING CRISIS’

• Media and anecdotal reports of cuts and closures.
• Non Profit Job Losses and Service Cuts Survey 2012:
  80% reported significant funding cuts
  64% reported having to cut services; 21% loss in jobs.
• UCT researcher, Alexander O’Riordan: funding to SA is at an all-time high.
• Trialogue’s CSI Handbook: funding increasing year-on-year.
• Nedbank Private Wealth Giving Report II: fewer giving and giving less.
• Global aid down 6% between 2010 & 2012
• African Grantmakers Network: HNWI $7bn every year
•  Follow-up survey in October 2013.