The GNOME Foundation has run into cash flow problems and as a result is freezing non-essential expenses. The GNOME Foundation has eliminated their cash reserves leading to this dire situation, but should be recoverable in the months ahead. The GNOME Foundation got into this situation through its Outreach Program for Women (OPW) and managing the program (and funds) for a number of other participating organizations. The GNOME Foundation staff and board fell behind in their processes with being overwhelmed by administering OPW. GNOME's Outreach Program for Women is explained as "The Outreach Program for Women (OPW) helps women (cis and trans) and genderqueer get involved in free and open source software." They've had around 30 interns for their most recent cycle.
For rectifying this budget shortfall, the GNOME Foundation is going through with its invoicing of conference sponsors, more pro-actively following up on unpaid invoices, better invoicing OPW sponsoring, increasing their general fundraising efforts, and taking other efforts.
As a major step in acknowledging and correcting the problem, the GNOME Foundation voted last week to "freeze Foundation spending which is not essential to the running of the Foundation. By keeping expenditures to a minimum while some delayed revenue is regained, the board aims to have things back to normal within a few months."
More details can be found on the GNOME Wiki. Those wishing to support the GNOME Foundation can figure out various donation means by becoming a friend of GNOME.