Downturn Has Bay Area Charities Eying Consolidation
April 29, 2009
More San Francisco Bay-area nonprofit groups are exploring mergers or ways to share responsibilities in the face of skyrocketing demand for services and plummeting financial resources, the San Francisco Chronicle reports.
“Nonprofit executives are starting to be courageous and open up the conversation about whether they should be running a program or giving it to another agency,” said Sandra Hernandez, chief executive of the San Francisco Foundation, which this month set aside $1-million in emergency money to help charities restructure.
