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Non-profits and the economy. Jacob O’Brien Erica Hardee Lauren Kelley Natasha Ramjas Josh Stefano. Why this current issue?. Why this current issue?.
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Non-profits and the economy Jacob O’Brien Erica Hardee Lauren Kelley Natasha Ramjas Josh Stefano
Why this current issue? “The severity of the current financial crisis compounded by two wars, a crumbling infrastructure, escalating health-care costs, an emerging entitlement wave, and massive government debt—make most forecasts range from merely pessimistic to gut-wrenching.” - Paul Schmitz, Nonprofit Quarterly (11/7/08)
The issue • Widening gap between need and resources threatens the sustainability of the nonprofit sector • The potential effects the sector’s downfall are monumental
Quote for somebody?? • “The stock market is in free fall, financial organizations are being bailed out and the Detroit automakers may yet get financial help from Washington. But what about those of us in the nonprofit world? Where's our bailout?” - Los Angeles Times (12/1/08)