Tuesday, April 12, 2011

10 Things Fund-Raisers Won't Say - SmartMoney.com

10 Things Fund-Raisers Won't Say - SmartMoney.com: "1. 'We're getting desperate.'

Times are tough for fund-raisers and the nonprofits they serve. For decades American individuals and institutions have increased their annual donating by an average of about 3 percent. But in 2009 they gave $304 billion, 3.2 percent less than in 2008, the worst drop since the 1980s, according to the GivingUSA Foundation. The result: An estimated one-fifth of the country's 1.2 million nonprofits have smaller budgets in 2011, with 7 percent at risk of shutting down."

No comments: