Monday, January 1, 2018
A new report from Oliver Wyman, SeaChange Capital Partners and Guidestar reveals that nearly half of U.S. nonprofits are at financial risk, facing challenges such as limited short-term liquidity and no reserves to enable organizations to weather stresses. The publication includes helpful suggestions about what funders can do (e.g. more flexible funding). It also offers suggestions for trustees, making it a useful resource for your employees who serve on nonprofits’ boards.