Thursday, April 30, 2009

Nonprofit leader round table: Fund-raising strategies change to cope with new economic reality - Ann Arbor Business – MLive.com

Nonprofit leader round table: Fund-raising strategies change to cope with new economic reality - Ann Arbor Business – MLive.com: "About 60 Washtenaw County nonprofits were surveyed in January by the Ann Arbor Area Community Foundation to assess the economy's impact on their groups. Results showed:

• 1/3 plan to reduce staff this year.

• 44 percent plan to reduce programming.

• 51 percent expect to generate less revenue than in 2006.

• The average revenue decline from 2006 is forecast at 21 percent.

• Most of the declines (60 percent or more) will be from individual donors and private grants.

• 65 percent rated their governing boards as good or excellent at helping their respective groups navigate economic challenges."

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