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“Foundations Trim Staffs After Assets Slide Lower,” -  The New York Times

As Wall Street melts down and corporate charitable contributions drop, foundation support will become increasingly critical for nonprofits. If you work in a nonprofit, or volunteer for one, or rely on one for support or services, you should pay attention to what’s happening in the foundation world in California.

Last spring, a coalition of 10 of the largest foundations in the state made a public pledge to increase investment in organizations led by and rooted in poor communities and communities of color. The coalition is now figuring out how to translate that promise into action. Meanwhile, community-based groups around the state are watching closely: Will this mark a turning point in philanthropy – a long-overdue shift toward grantmaking that reflects the changing demographics of the state and the nation? Or is this just a nod to diversity, while business continues as usual?

On the website of Diversity in Philanthropy, leaders in the field, including Angela Glover Blackwell, founder and CEO of PolicyLink, offer their thoughts. Check it out and tell us what you think: How can foundations do a better job supporting issues and nurturing and sustaining groups that have historically been left out of the philanthropy pipeline