How nonprofits are navigating Trump's drastic funding cuts | Rapid Response
About Stacy
- Chief Executive of Chronicle of Philanthropy since April 2023
- Co-founder of Chronicle of Philanthropy (est. 1988)
- Led organization's transition to independent nonprofit status in 2023
- Editor-in-chief, Chronicle of Philanthropy, 1996-2023
- Launched key initiatives, incl. Philanthropy 50 and Nonprofits Now podcast
| 25:55
President Trump’s dramatic cuts to U.S. government grants are destabilizing every corner of the non-profit sector, leaving organizations scrambling to adapt. Stacy Palmer, CEO of the Chronicle of Philanthropy, explores the executive order’s impact on both the public and private sector, how organizations can adjust to the unpredictable philosophy of the new administration, and what the future of giving may look like. With many historical institutions like public schools, houses of worship, and community organizations under pressure, this moment could further fracture the ties that bind Americans together.
Chapters
00:00 Introducing Stacy Palmer
01:27 The turmoil in nonprofit funding under the Trump administration
04:55 Reactions from the first federal funding freeze
05:59 The role of philanthropy & non-profits in society
07:50 How non-profits are reconfiguring their funding
11:53 The dilemma of corporate philanthropy amid political pressures
13:01 Elon Musk’s ‘damaging’ impact on the nonprofit sector
17:26 The precarious state of small nonprofits under new regulations
19:41 Navigating new ventures in this time of uncertainty
20:41 How Chronicle of Philanthropy is responding to this cutback
22:22 How this era compares to the Reagan administration
