The Economy and Our Grantmaking
Many nonprofits in Wyoming face difficult times with the economic downturn and are focusing on immediate needs. While short-term survival is imperative, we also need to keep our eyes on our long-term goals, and maintain our ability to address the problems that will remain after the economy recovers.
Like other endowed funds, our assets have diminished with the downturn in the stock market. To meet these challenging circumstances the WYWF has made two fiscally responsible decisions. First, we have reduced our own operating budget by 20%. Second, the Board of the Wyoming Women's Foundation has decided not to issue a Request for Proposal for 2009.
The WYWF will be focusing on two on-going initiatives:
• the WAGE Project, which helps women entering or returning to the workforce to understand the wage gap and what they can do about it personally by benchmarking for a competitive wage or salary and negotiating for their compensation package.
• our first advocacy project; educating business and legislative leaders regarding the economic affect on Wyoming’s women and communities when women cannot work to their full potential due to lack of quality, affordable childcare.
We will also work with our grantee partners to find ways of leveraging our creative capital and assist our nonprofit partners in withstanding these current economic hardships and continue their vital work long into the future.
Learn more about the WyWF's grantmaking procedures. Click here
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