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 way to strengthen performance, while downsizing
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 number was based on a simple
My second scenario focused on a steady withering of the sector’s general capacity to meet its mission. Virtually every data point from the sector shows this scenario is coming true. It is not clear just how many
As the recession deepened following the collapse of Lehman Brothers in September 2008, I outlined four scenarios facing the sector. There is now enough anecdotal evidence to assign tentative probabilities to each one.
My first scenario
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 toll on the nonprofit sector. The
Welcome to the new website of the Center for Strategic Philanthropy and Civil Society.
And welcome, too, to our new blog, the Intrepid Philanthropist.
