Nonprofits Employ Tougher Measures as Downturn Deepens

The Nonprofit Times has reported on a new Bridgespan survey (carried out in November 2008 and updated this past May) that reveals the negative effects of the economy on nonprofits has accelerated during the past six months.

Some of the key study findings in regards to nonprofits' responses to the downturn are:

• Working closely with existing funders to address challenges 79 percent this past November and 81 percent this past May;
• Redesign programs to achieve outcomes in a less costly manner: 59 percent in November and 67 percent this past May;
• Examine and improve key processes and structures in increase organizational efficiency 48 percent in November and 62 percent this past May;
• Have a clearly defined contingency plan 59 percent in November and 67 percent this past May; and,
• Consciously identify key positions and shift resources to keep these positions filled.

Read the Nonprofit Times article here.