Charities that invest 'can prosper in the recession' - Third Sector

Charities that invest 'can prosper in the recession' - Third Sector: "Charities that invest 'can prosper in the recession'

By David Ainsworth, Third Sector, 12 November 2008

The recession will offer opportunities as well as threats to charities that are prepared to make investments, according to charity finance professionals.

The possible benefits of the economic downturn included the chance to hire high-calibre staff, snap up cheap property and take advantage of lower advertising rates, they said.

Quinton Seeman, a resourcing adviser at Save the Children, said the current conditions gave charities a 'once-in-a- generation opportunity' to recruit people with essential skills."