Fiscal Stress: Be Prepared

The money giants Bear Stearns and Lehman Brothers have already fallen, yet too many nonprofit executives and board members are still waiting to see what happens before they start adapting to the current fiscal stress. Yes, you.

Even in good times, the most fundamental issue confronting nonprofit leaders is the mismatch between the compelling causes that nonprofit groups focus on and their abilities to raise sufficient money to accomplish their missions. Many organizations are

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