Monday, April 24, 2006

Nonprofits Face Obstacles to Accessing Investment Capital

Nonprofits Face Obstacles to Accessing Investment Capital: "Nonprofits Face Obstacles to Accessing Investment Capital
Newswise - Nonprofits are facing pressing needs for investment capital but report widespread obstacles to accessing that capital, according to a new report from the Johns Hopkins University's Nonprofit Listening Post Project.

'We have long been accustomed to thinking of nonprofits as labor-intensive institutions. But their need for investment capital to finance technology, facilities, and program development has grown massively in recent years. Unfortunately, however, we know very little about the challenges nonprofits face in generating this investment capital,' said Lester Salamon, director of the Center for Civil Society Studies at the Johns Hopkins Institute for Policy Studies, which oversees the Listening Post Project"

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