The shrinking economy presents challenges for everyone. It is critical that nonprofit leaders plan for what the economic downturn means for their organizations.
Check out this excellent article from award-winning website CityLimits.org, by Chris Narducci.
“We’re in a deep hole and it looks like it’s not going to get better for a long time.”
“The grim forecast of Michael Clark, executive director of the Nonprofit Coordinating Committee of New York, echoes the alarm of many a news headline over the last few weeks, predicting lean times in the wake of the financial meltdown. But to some experienced hands, the rickety condition of the financial services system – and slimmer municipal budgets – don’t have to mean a death sentence for nonprofit organizations…”
To read more, click on the link below:
http://citylimits.org/content/articles/viewarticle.cfm?article_id=3637
