Monday, October 06, 2008

MPR: News Cut: When Main St. melts down: Nonprofits are worried

MPR: News Cut: When Main St. melts down: Nonprofits are worried: "When Main St. melts down: Nonprofits are worried
Posted at 2:20 PM on October 6, 2008 by Bob Collins (0 Comments)
Filed under: Economy

How likely are you to give money away that you don't have to give away other than to satisfy your philanthropic sensibilities?

Minnesota non-profit organizations are about to find out. The steady stream of bad economic news, coupled with the drop in home prices and retirement funds, may put a crimp in the services delivered by non-profits, including food shelves and charitable organizations. Even last week's arrest of Tom Petters reverberated through some nonprofit organizations."

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