Friday, April 11, 2008

Tough times call for creative funding techniques - Long Island Business News

Tough times call for creative funding techniques - Long Island Business News: "Now is the low-tide time of year for nonprofit companies, between the high-water mark of the winter holidays and the growing swell of warm-weather events such as golf outings.

Add a struggling local economy and April could truly be the cruelest month for those who depend on the good will and charity of others.

Corporations – normally dependable donors to nonprofits – have slashed their donation budgets due to bad economic news, said Jim Rennert, president of the Long Island chapter of the Association of Fund Raising Professionals."

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