Monday, July 06, 2009

Nonprofits & the Recession

An excellent report by John Hopkins University—at the jump—has just been released examining the impact on nonprofits around the country.

As expected, giving was down in 2008, (but still over $300 billion for the year, with 75% of that from individuals) but the nonprofit world is showing some resiliency—though anyone who has worked in the field for any length of time is not surprised—and the most well-led organizations will weather this period as they have weathered others, by being creative, tenacious, and true to their mission.

This report has some relevance for us, as the central aspect of our call for a Joint Power Authority to govern the Parkway is the creation of a nonprofit American River Parkway Conservancy to provide management and supplementary fund raising.