March 26, 2009
Economic Woes Bring More Charities Together
Nonprofit organizations look to mergers and collaborations as a way of surviving in tough financial times
The turbulent economy is creating new incentives for charities to cooperate. More organizations are starting to share fund-raising and marketing ideas, while others are considering merging, combining "back offices" to handle administrative duties, or other formal alliances.
"Five years ago, if we did a training on restructuring and mergers, you wouldn't get a lot of people coming, and the people who came didn't want anyone else to know that they were going to be there," says Doug
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