June
18,
2010
Smart Strategies for Small Charities: How to Make the Most of Limited Resources
Source: The Chronicle of Philanthropy
Many small nonprofit groups feel particularly vulnerable during these uncertain economic times.
Foundation support is shrinking. State governments are less likely to pay for programs as they face budget cuts. And the fund raising climate is challenging.
Large groups can offset those difficulties, in part, by readjusting their priorities or making strategic cuts.
But small groups have little margin for error -- and very little fat to trim.
Even so, small groups can be more nimble, and that often helps them thrive.
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