Thursday, April 06, 2006

Buffalo News - Nonprofits stretching funds

Buffalo News - Nonprofits stretching funds: "Nonprofits stretching funds

Budget cuts and a decline in charitable giving have forced mergers among service agencies in order to stay open

By JAY TOKASZ
News Staff Reporter
4/6/2006

Bill Wippert/Buffalo News

Erie County's budget crisis last year wiped out $49,500 for Buffalo/Niagara World Connect, sending the small nonprofit organization into its own financial tailspin.

With barely enough money left to pay two employees, the agency decided to merge with the International Institute, a larger and older organization with a similar mission."

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