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.