Tread Lightly in Nonprofit Mergers

Economic forecasters may differ about the projected length and severity of the recession, but it seems to be more significant than the nonprofit world has faced in a long time. Some of the estimates of what might happen are dire. Indeed, Paul Light, a scholar at New York University, has suggested that perhaps as many as 100,000 nonprofit organizations might not survive a serious downturn.

Such peril might bring about the first real wave of nonprofit mergers and acquisitions. The idea

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