January 15, 2009
25% of Charities Have Changed Investing Policies
More than one out of four nonprofit groups have revised their investment policies within the last year, according to a new survey. That trend is certain to pick up in the coming months, say the researchers who oversaw the report.
"We're starting to capture the reaction of not-for-profits to what is happening in the economy," says Frank Kurre, a national managing partner at Grant Thornton, the Chicago accounting and consulting company that conducted the survey. "Organizations are
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