Sustenance for Lean Times
These are uncertain times, especially for nonprofits. We are in the challenging position of trying to meet increased needs, while at the same time trying to anticipate what will happen to our, already tight, income streams. State budgets will likely shrink and the impact on foundation and individual giving is unclear (it has been debated many places, notably here, here, and here). Where can you find reliable and useful advice on ways to navigate the economic downturn and position your organization for the future?
Nonprofits Assistance Fund is here as a guide. The web is full of news stories, blogs, and wikis that provide resources and recommendations on nonprofit financial management. We’ll seek out the most useful content and post it here.
Our goal is to post 1-2 times a week. If you would like up to the minute tips and links, follow @NAFund on twitter or check out our delicious bookmarks. And you can help us collect information by using the hashtags #npecon and #npfin on twitter or joining our delicious network. For analysis on the economy’s impact on nonprofits, strategic financial management advice, or other timely insights, please visit our other blog, Balancing the Mission Checkbook.