Since 2008, the « Great Recession » has had ripple effects on the economies of industrialized countries. Households of all conditions confront shrinking revenues and low levels of confidence, which threatens their likeness to give. In France, a poll issued in October 2012 showed that 31% of French donors consider decreasing their gifs while 22% plan to stop giving altogether. France’s biggest annual fundraiser, the Telethon, was a disappointment as pledges amounted to their lowest level since 2001. Corporations do not cancel their philanthropic programs but do adjust contributions to their financial health. We are left to wonder how resilient philanthropy is in times of economic crisis, and how exactly the crisis impacts philanthropy. Moreover, foundations and other nonprofit organizations must adapt to this depressing environment, as their needs for private resources continue to grow. How can they deal with these contradictory trends? To address these questions and put them into perspective, we focus on the situation of philanthropy in Spain.
Ces éléments ont été présentés par Marta Rey Garcia
, Professeur à l’université de La Corogne et Patricia Moreira
, Directeur général de la fondation Ayuda en Accion. La discussion était animée par Anne-Claire Pache
et Arthur Gautier
de la Chaire Philanthropie de l’ESSEC.