Home > Slowdown/Recession of 2009, Social enterprise > Traditional charities on the back-foot

Traditional charities on the back-foot

The signs of a massive charity shakeout are already under way. Donor trust continues to slide, according to recent survey data, and donations are down, government funding is falling and traditional nonprofits – from arts councils to food banks – are locked in painful restructuring, including mergers, acquisitions, collaborations, cutbacks and closings. Industry estimates suggest a 30 percent rise in merger activity among nonprofits since this time a year ago, and rising.

Read full article: Are traditional non-profits becoming obsolete?

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