Nonprofits navigate Trump’s drastic funding cuts, with The Chronicle of Philanthropy CEO Stacy Palmer

Masters of Scale

WaitWhat

Entrepreneurship, Business, Management, Reid Hoffman, Mindset, Diversity & Inclusion, Jeff Berman, Bob Safian, Startups

4.6 • 4.4K Ratings

🗓️ 11 March 2025

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

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.

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Transcript

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1:24.4	We've just never seen something this nasty.
1:27.1	The anger, the kind of feeling that none of this aid matters.
1:31.8	It's deeply disturbing to people, you know, really of any ideology because they don't see that there is an ideology.
1:39.2	If you were motivated to want to be a non-profit or philanthropy worker, why would you do that after somebody
1:45.8	has made it sound like it's the dirtiest profession ever rather than a call to public service?
1:58.0	That's Stacey Palmer, the CEO of The Chronicle of Philanthropy.
2:02.7	The world of public service is in turmoil, with President Trump's dramatic cuts to U.S.
2:08.0	government grants, traumatizing nonprofits and foundations and destabilizing a swath of civic society.
	...

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