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.
Using Joel Fleishman’s book The Foundation: A Great American Secret as his jumping-off point, Mario Morino of Venture Philanthropy Partners writes provocatively about how foundations and nonprofits face a new imperative to become more transparent.
Raj
