Giving Less, Demanding More

Giving Less, Demanding More

After reading the article Giving Increases But So Does Demand I found out that just as many businesses, small and large, corporations, and the human race in general are struggling to make ends meet so are non-profit organizations. Now you may be thinking just as I was, how so? When non-profit organizations do not operate on public funding? But the fact of the matter is that non-profits do have expenditures, whether it is a staff or service. According to the Non-Profit Times, “more then 23 percent nonprofits reported increases donations during the first nine months of this year than in 2009.”

Now can you see why I am a little apprehensive about starting the groundwork for my nonprofit? About 37 percent of charities reported a decrease in donations this year, down from 51 percent in 2009. Now, it is easier for one to just walk away and not go forward with the nonprofit, but if you have a steadfast and consistent spirit as I do, then you will find it easier to persevere. Yes, the economy is in a rut right now and the recession is growing intense by the day, hour it seems, but I am determined to establish a nonprofit, generating a profit.

It is all about you manage and effectively use your finances. That is why it is essential to have a financial team in order to determine whether or not the nonprofit will survive, and at what rate. There is a way to successfully run a business in this harsh economy. “About on in five organizations anticipate reduced budgets next year compared with about a third that expect to maintain their current level.” I am definitely aiming to be in that third that thrives off the saying, “Without struggle there is no Progress.” So with that being said, I think I will take my chances and proceed with my nonprofit to be an example for those that are having second thoughts.

www.nptimes.com/10nov/112910.html Giving Increases But So Does Demand