Creating more strategic, financially savvy, and confident nonprofit leaders and organizations.
I attended the Greenlights for Nonprofit Success Town Hall Meeting today about the economic downturn and what it means for Austin’s nonprofit community. It was very interesting. Economist John Hockenyos gave a great overview of where we are currently with the financial markets and what the implications for the nonprofit sector are. Basically, he said […]
There is a fascinating discussion happening on a few social innovation blogs. It centers around a small (less than $500,000 annual budget) nonprofit that does important work, but is struggling to the brink of closing down. Given the current economy, this will probably be a more common occurrence in the coming months. FORGE harnesses the […]
By Nell Edgington Leave a Comment
A topic on many nonprofit Executive Director’s minds these days is how to find more money. With foundation and individual donors poised to decrease their giving, governments strapped for cash, and corporate earnings, and thus their philanthropic giving programs, falling, it is difficult to figure out how to make fundraising programs already in place continue […]
By Nell Edgington Leave a Comment
My last few posts have focused on the downturn in the economy and how it already is, or soon might, affect the social sector. It seems to be a topic on everyone’s mind. I wrote an article that was just published today in Texas Nonprofits online magazine, entitled, “Social Innovation Provides Hope in the Uncertainty,” […]
While everyone is thinking and worrying about the economic crisis and the potential detrimental effects on the nonprofit sector, an idea occurs to me. With the continuing volatility in the stock market and a dark economic forecast at least for the next few months, perhaps the next year, foundations and individuals won’t make money on […]