The Chronicle, 4/24/2006: Getting Money for Capital Needs Is Tough Struggle for Many Charities, Study Finds: "Getting Money for Capital Needs Is Tough Struggle for Many Charities, Study Finds
By Harvy Lipman
Nonprofit groups are having a difficult time coming up with the investment capital they need, according to a new study by the Johns Hopkins University.
Charities face trouble not only raising funds for traditional capital expenses, like buildings and computer equipment, but also for costs associated with program development and strategic planning, such as the hiring of consultants or additional staff, the study found.
The survey was conducted by the Center for Civil Society Studies at the Johns Hopkins Institute for Policy Studies. It gathered data from 291 organizations that focus on children and family services, community and economic development, elderly housing and services, as well as museums, and theaters."
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