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Paul C. Light's blog

Fourth Future: Renewal

My fourth scenario focused on a long-overdue renewal. There is nothing like a crisis to focus attention on needed improvement. Mergers and acquisitions can be a sign of desperation or a w

Third Future: Winnowing of the Sector

My third scenario centered on a winnowing of the sector. At one point last fall, I predicted that as many as 100,000 mostly smaller nonprofits would disappear during the recession. This n

Second Future: A Steady Withering

My second scenario focused on a steady withering of the sector’s general capacity to meet its missi

First Future: The Miraculous Rescue

As the recession deepened following the collapse of Lehman Brothers in September 2008, I outlined four scenar

Anecdotes ≠ Data. And Yet . . .

The deepest economic recession of the century may be technically over, at least according to Federal Reserve Board chairman Ben Bernanke, but the jobless recovery it has produced continues take its