Impact of Detroit Bankruptcy on Nonprofits

Anarticle in The NonProfit Times discusses the likely effects of the City ofDetroit’s filing for bankruptcy on local nonprofits.  The article cites a number of nonprofitleaders who have been working in the Detroit area through these recent years ofeconomic hardship.  The general thrust oftheir comments is that local nonprofits have already made major adjustments tocope with the distressed economy, and that the mood is cautiously optimisticthat they will continue to do so, even as the bankruptcy presents newchallenges, and perhaps new opportunities.

JRB