Nonprofit Groups Innovate to Maneuver Through Tough Times
April 23, 2009
The Wall Street Journal reports on new strategies developed by five nonprofit organizations to stay afloat amid investment losses, declining donations, and cuts in government aid.
The article looks at creative steps taken to tackle costs and raise income by the Special Olympics, the Joffrey Ballet, the homeless-services charity Covenant House, the community-development organization Forge, and Bonnie CLAC, which helps low-income buyers get car loans.