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ERIC Number: ED513451
Record Type: Non-Journal
Publication Date: 2009-Mar
Pages: 22
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
The Quiet Crisis: The Impact of the Economic Downturn on the Nonprofit Sector
Bridgeland, John M.; McNaught, Mary; Reed, Bruce; Dunkelman, Marc
Civic Enterprises
This report was written to shine a spotlight on the under-reported plight of America's nonprofit organizations and to make recommendations for how the nation can respond. In the wake of the economic downturn, hospitals, nursing homes, nursery schools, senior centers, soup kitchens, and other nonprofit organizations have been hit by a triple whammy. The evaporation of wealth has decimated charitable donations; the state and local budget crunch is costing nonprofits their foremost paying clients; and the human need for nonprofit help is skyrocketing as nonprofit resources shrink. Reversing the nonprofit plunge is a matter of jobs, not just charity. With 9.4 million employees and 4.7 million full-time volunteers nationwide, nonprofits constitute 11 percent of the American workforce--greater than the auto and financial industries combined. In this report, the authors have compiled stories and statistics from across the nonprofit sector that illustrate the dire straits facing many crucial institutions. (Contains 61 endnotes.)
Civic Enterprises. 1828 L Street NW 11th Floor, Washington, DC 20036. Tel: 202-467-8894; Fax: 202-467-8900; e-mail: info@civicenterprises.net; Web site: http://www.civicenterprises.net
Publication Type: Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Civic Enterprises