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- W172806406 abstract "This research paper analyzes the impact of the recent Great Recession on nonprofit organizations. More specifically, it studies the impact of the recession on their ability to raise funds and remain financially viable. The four key research questions discussed are: What has been the overall impact of the Great Recession on nonprofit organizations?; How has the Recession impacted the fundraising capability of nonprofit organizations?; How well have different types of organizations weathered the Great Recession’s impact on their revenue sources?; and What strategies have nonprofit organizations found to be useful in surviving this severe downturn? The study uses the most recent data on nonprofit financing from 2007-2010. The results show that nonprofits as a whole have seen general declines in contributions and funding. But there are clear differences in the impact of the eleven sectors studied. Moreover, the size of the organization matters as does its main source of revenue. The paper concludes with a set of strategies that have been successful at stemming the decline in nonprofit funding. The study provides valuable insight into the ability of nonprofit organizations to survive such difficult economic times and also to reveal the various practices that have been successfully utilized for their survival. Acknowledgments: The author wishes to thank Rebecca Tekula, Ph.D., Executive Director, Wilson Center for Social Entrepreneurship, Pace University for this opportunity to be a Wilson Fellow and for her support in this research project. He also wishes to thank Anna-Kay Sinclair, staff analyst, Wilson Center and Shakira Croce, graduate assistant in the MPA program, Pace University for their valuable research assistance. He also wants to thank Helene and Grant Wilson for their financial support in funding the Wilson Center and making the research opportunities possible for the Wilson Fellows. “The Impact of the “Great Recession” on The Impact of the “Great Recession” on NPOs 3 the Financial Resources of Nonprofit Organizations” By Joseph C. Morreale, Ph.D. Faculty Fellow Helen and Grant Wilson Center for Social Entrepreneurship" @default.
- W172806406 created "2016-06-24" @default.
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- W172806406 date "2011-01-01" @default.
- W172806406 modified "2023-09-23" @default.
- W172806406 title "The Impact of the Great Recession on the Financial Resources of Nonprofit Organizations" @default.
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