Presentation Topic: The Changing World of PhilanthropyFor many Michigan nonprofits a perfect storm has hit and survival is the key question. How can foundations help grantees survive these difficult times and continue to serve the community?
Join us for a presentation to address these questions:
- Why is it urgently necessary to take action now rather than waiting for more clarity?
- What can nonprofits do right now with little additional cost (e.g., develop realistic cash flow projections to determine when/if they will hit the wall, etc.)?
- What can foundations do right now to help nonprofits turnaround (e.g., consider establishing an emergency fund, provide a forum for grantees to share best practices, provide letters of credit, etc.)?