By now it certainly isn’t news to anyone that the economy is facing a long road to recovery, with some dramatic changes taking place seemingly overnight.
What does this mean to nonprofits?
In the same way credit is tightening, donations from individuals and institutions are certain to slow while corporate budgets are reevaluated and decision makers determine how projections for the future have changed. For nonprofits, now may be the time to take a fresh look at how you’ve positioned yourself with the donor community. Read the rest of this entry »