The impact of economic recession on nonprofit organisations

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PDFThe impact of economic recession on nonprofit organisations

16 June 2009At a time of economic downturn, nonprofit businesses share one particular characteristic that presents the greatest challenge of all -- their heavy dependence on third-party funding.  In general they provide services to individuals irrespective of their ability to pay.  Consequently a nonprofit's economic viability and financial security is not directly related to how good a job it is doing for its 'customers' or 'clients'.  Rather a nonprofit's sustainability is significantly dependent on the generosity of third-parties:  they look to the individuals, corporations and governments who support their community goals to subsidise the services that they provide.

The paper is based on a presentation given to a workshop jointly hosted by DVA Navion and the Asia-Pacific Centre for Philanthropy and Social Investment at Swinburne University of Technology (a founding partner of CSI) on 28 April 2009 in Melbourne.  

Publication typeBriefing paper
Publisher TypeAcademic research centre
CoverageAustralia
CopyrightCentre for Social Impact
Permanent URLhttp://apo.org.au/node/14827
Views2443

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