Nonprofits Choose To Close-Up Leaving a Little Money For Others

Wondering where there still might be a little money hidden under some rock for your nonprofit?

Check-out the April 2 New York Times article titled: Mission Accomplished...

Although that title phrase evokes recent memories of a premature declaration by a certain national leader, the idea that a nonprofit board would do the math and say "hey, we accomplished what we said we would" does for the moment seem, well, unusual.  More often in these times the reason for closing is financial stress.  Both types of closings however have the same impact: reducing the number of nonprofits and increasing, albeit modestly, the amount of money for those whose vision remains unfulfilled.

And, while not declaring mission accomplished, the increase in merger and partnership conversations also could reduce the number of nonprofits, realize gains in efficiencies and effectiveness, and maybe, provide a bit more money for mission. 

 

Comments

[critical analysis essay]

These documents, which are made by writers for students who have difficulty writing the articles they are popularly known today as the tests measure.