Monday, October 13, 2008

"Non-Profits Brace for Fallout"
Survey shows officials expect falling donations, rising need for services

From Hartford Business Journal article by Sean O'Leary

As the financial crisis spreads worldwide and uncertainty and gloom take hold in the region, Greater Hartford’s nonprofits are bracing for the worst.

My Take

Not-for-profit organizations are facing a new funding crisis. They can use new tools to accomplish dual objectives - meeting their budget demands while increasing their profile in the community while, as a bonus, they strengthen relationships with their supporters.

Innovative use of social networking is the right tool for the job.