Quick thoughts on the economy and nonprofits

The economic crisis is hitting hard in the US and beyond (now situated in London, similar lay offs are taking place with banks here, too!).  Many nonprofits are feeling the economic crunch as well.  I wanted to direct your attention to two conversations:

  1. Meyer Memorial Trust’s recent blog asks nonprofits how they are dealing with the crunch
    I am always impressed by the level of conversation, honesty, and engagement MMT’s blog presents both in content and comments.  Check it out!
  2. NPR’s segment on assessing the impact of the crisis on nonprofits
    All Things Considers discusses nonprofits’ income streams in threat (corporate grants, etc.)  Listen here!

So, what do you think?  How has your nonprofit been affected, taken note, or answered funding questions about the financial crisis?

Asking this question on Twitter started some conversations!  Here are some recent posts:

TheDogLover @amyrsward interesting Twit… a lot of my work is for non profit. I am waiting to hear  for next year.  scary

gwalter @amyrsward As far as I know, there have not been discussions re: non-profit cashflow.

howardlake @amyrsward Try ‘Recession and Charities’ PDF from Cathy Pharoah and co at Centre for Ch Giving + Philanthropy this month: http://is.gd/3BsL

NAFund @amyrsward we’ve been thinking a lot about this, & how to helps nps – but so much is still in flux. it’s early to really guage the impact

I just started a discussion topic in the TechSoup Forums so we can continue to discuss the impact of the financial crisis on nonprofits and what we can do about it.  Contribute to the conversation!

Author: Amy Sample Ward

Amy Sample Ward is trainer, author, and community organizer focused on the intersections of technology and social change. Amy is also the CEO of NTEN, a nonprofit that supports organizations fulfilling their missions through the skillful and racially equitable use of technology.

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