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5 Ways To Recession-Proof Your Nonprofit

NonProfit Hub

Because nonprofits rely heavily on donations, the possibility of an economic downturn can also portend a crippling loss of income. A comprehensive report on philanthropy was released by Giving USA , stating: “During the high inflationary period of 1972-1975, giving fell by almost 9 percent in inflation-adjusted terms.

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5 Nonprofit Cash Management Statistics & Trends for 2024

Top Nonprofits

The answer lies in having enough FDIC coverage—protection and backing for your funds provided by the Federal Deposit Insurance Corporation. With a better understanding of the current state of nonprofit finance, you can make more informed decisions about how to manage your nonprofit’s funds effectively. Share This Post!