Survey Reveals that 93 percent of Charities feel Negative Impact of Recession

The Chronicle of Philanthropy recently reported that the nonprofit consulting group, Bridgespan Group, a Boston 501(c)(3) nonprofit that helps other nonprofits develop strategies for sustained growth updated a 2008 study and released its findings providing that 93 percent of charities report feeling the negative impact of the recession.  The story is excerpted below:

The stock market may be rebounding, but for charities the negative impact of the recession has only deepened over the past year, according to a survey released by the Bridgespan Group, a nonprofit consulting group in Boston, The Chronicle of Philanthropy reports.

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