Wednesday, February 06, 2008

Most don't realize nonprofits' economic impact

Most don't realize nonprofits' economic impact: "A new report, 'Partners in Prosperity: The Maine Nonprofit Sector Impact,' authored by the Maine Association of Nonprofits in partnership with the Maine Community Foundation and the Unity Foundation, details the economic, community and social impacts of Maine's nonprofit sector.

The report reveals that nonprofits contribute $7 billion annually, or 15 percent of the state's gross product, in wages paid, supplies purchased and professional services contracted. That's the equivalent of the manufacturing and construction industries, combined."

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