Nonprofit Finance Fund | Where Money Meets Mission

Nonprofit Finance Fund | Where Money Meets Mission: In this year’s survey, nearly 6000 respondents from nonprofits across the country shared the details of how they are adapting their organizations and finances to economic conditions. The survey, which was supported for the third year in a row by the Bank of America Charitable Foundation, reveals that 2012 was a year in which organizations either made or planned to make significant changes in order to cope with mounting economic stress. As NFF CEO Antony Bugg-Levine put it, “Nonprofits are changing the way they do business because they have to: government funding is not returning to pre-recession levels, philanthropic dollars are limited, and demand for critical services has climbed dramatically. At the same time, 56 percent of nonprofits plan to increase the number of people served. That goal requires systemic change and innovation– both within the sector, and more broadly as a society that values justice, progress and economic opportunity.”