Cutting Back and Bailing Out

Nonprofit organizations are cutting back and bailing out. It is happening all over the country. The economy is hitting harshly at nonprofit institutions and organizations throughout the country. Colleges have drawn the line, let staff go, required staff to take time off without pay, held the line on salary increases, and stopped projects in their tracks. Other nonprofits have drawn the line to keep creditors off their backs; they are filing for bankruptcy. Small endowments leave trustees with not many options. What should they do? Write us at aclickstein@strategicwise,com, We will publish your response. All responses are the property of Strategicwise Coaching.