Is Ben Bernanke the Nonprofit Sector's Newest, and Most Respected, Ally?

Head of the Federal Reserve Ben Bernanke appears aware and supportive of the role of nonprofits in the U.S. economy and its recovery from the rampaging recession — and he said so recently at a Federal Reserve Bank conference on community development. By keynoting the conference along with Jeffrey Sachs of the Earth Institute, Bernanke sounded like the philosophical opposite of Alan Greenspan and an important voice endorsing the service and policy roles of nonprofits. Counting Bernanke as a nonprofit advocate should be headline stuff for the leadership of the nonprofit sector.