According to a report funded by The Philadelphia Foundation that examined the financial health of local nonprofits, more than 40 percent are running at a loss or producing no surplus at all.
Seventeen stakeholders have been named to a new oversight board for the Rebuild initiative to improve Philadelphia's public spaces. Their first public meeting is 11/1.
Funders have recommitted their support of the Nonprofit Repositioning Fund for a second round through 2020. Moving forward, the Fund will be establishing an administrative relationship with New York-based SeaChange Capital Partners.
