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Opinion | As Philly’s historical organizations struggle, partnerships are key by Nadya K. Shmavonian

Historical Society photo by Heather Khalifa
Wednesday, April 17, 2019

Nadya Shmavonian, director of the Nonprofit Repositioning Fund, argues that the sustainability of vital services and community assets is threatened by the weakened financial health of nonprofits, and it is in our collective interest to identify and support innovative solutions that support the longterm viability of these important organizations. 

New report assesses the financial health of Philadelphia nonprofits

Friday, October 27, 2017

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.

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