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.
Periods of stability are the perfect time to assess risk and initiate transition planning, leadership succession or consider changing an investment strategy.
As pressures rise across the philanthropic sector—driven by policy changes, funding cuts, and the uncertainty of more to come—organizations are struggling with when and how to take action and, just as importantly, when to hold back.
