December 10, 2009
Governments in Crisis
Charities that rely heavily on government grants and contracts will find little relief in 2010. The recession continues to take a bite out of tax revenues, and the recent climb in the unemployment rate will make things worse.
The National Governors Association's prognosis is bleak: States are in for a "lost decade," it says, thanks to the recession's severity, the projected slow recovery, and future demands to meet neglected needs.
"Leaders of nonprofits must get engaged in the
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