Nonprofits weather financial downturn
November 29, 2011
When it comes to nonprofit fundraising
, many organizations have been struggling to maintain revenue in the face of an economic downturn.
A report from the Chronicle of Philanthropy revealed that while the larger nonprofit organizations had been able to weather the storm, some smaller institutions have not been as fortunate. One group that has faced its fair share of hurdles during the past few months is the Natural Resources Defense Council. Jack Murray, the group's director of development, told the source that contributions to the cause had fallen 4 percent compared to last year, totaling $88.5 million.
"The usual line of thinking is that a lot of people will stay up at the campaign level or at least above where they were before," he told the source. "We’re seeing more people going back to the precampaign level. The recession has intensified this."
According to its website, the NRDC is made of of more than 1.3 million members and leverages the expertise of more than 300 lawyers.