


The windfall of donations that abortion access groups received following the Supreme Court’s overturning of Roe v. Wade one year ago hasn’t lasted.
Reproductive health organizations and advocacy groups say one-time emergency grants have ended and individual and foundation giving has dropped off this year.
Naa Amissah-Hammond of Groundswell Fund, which funds grassroots groups organizing for reproductive justice, says some major abortion access funders have shifted from organizations working in states now banning abortion to those where it remains legal.
“I think (that) really speaks to kind of a fundamental issue with philanthropy and responding to an emergent crisis,” said Holly Calvasina, director of development at the reproductive health clinic CHOICES in Memphis, Tenn. “Philanthropy moves really slowly and human rights crises unfold quickly.”
Another drop for stocks helped drag Wall Street to its first losing week in the last six. The S&P 500 closed 0.8% lower Friday, pulling back further from last week when it reached its highest level in more than a year.
The Dow dropped 219 points, and the Nasdaq composite fell 1%. Stock markets abroad also fell after a preliminary report indicated Europe’s economy appears to be weaker than expected. The disappointing data added to this week’s hesitance in markets following more increases in interest rates by central banks around the world. Treasury yields sank as investors sought safer places for their money.