Monday, January 26, 2009

Credit Crisis Is Leaving Charities Low on Cash

The NY Times featured an article about how charities are being caught in the credit crunch as banks reduce their lines of credit or cut them off. This is very concerning for nonprofits, especially as the demand for services is increasing significantly. Read more here. How should nonprofits respond to this issue? The article discusses some ideas being advocated. Share you thoughts here.

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