Monday, December 22, 2008
How about a non-profit "bailout"?
The Chronicle of Philanthropy recently reported that Independent Sector, a national coalition of charitable foundations, is working on a proposal to ask Congress for a loan fund to help non-profits deal with the current economic crisis. While non-profit donations are decreasing, their caseloads are increasing because of the crisis (for example, more people are in need of food, clothing, shelter, job counseling, health care, etc.).