No state bailout from Illinois philanthropy

No state bailout from  Illinois philanthropy
No state bailout from  Illinois philanthropy

No state bailout from Illinois philanthropy

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iIllinois is facing some serious fiscal challenges and could use a little help. It shouldn’t however, count on the state’s philanthropic sector to bail it out this time around. Illinois’ largest grant making foundations have always been counted on by state government to help fill the funding gap when it comes to nonprofits that assist with Illinois’ social needs, but with the state’s dire fiscal picture, those same foundations say they cannot make up the difference caused by slashed government funding. We talk with a policy analyst from the Donors Forum about what this means going forward for those in need. (Flickr/pictures of money)