One-third of Bay Area Nonprofits Struggling to Survive, According to United Way Survey
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SAN FRANCISCO, May 28, 2009 — One third of Bay Area nonprofits are concerned they may cease operations within the next year, according to United Way of the Bay Area’s 2009 Nonprofit Pulse Survey. Correspondingly, 34% report they have two or fewer months of operating expenses in reserves.
“While the findings from our survey are sobering, they motivate us to work even harder to find the most efficient and effective ways to serve our community,” said Anne Wilson, CEO of United Way of the Bay Area. “Nonprofits are working together more creatively and collaboratively, as we are increasingly called upon to do more with less. This renewed energy around collaboration and partnership might be one positive emerging from these lean times.”
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