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Feb 11
2010
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Report on recession from IllinoisPosted by fraser in Untagged |
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This from the Donors Forum survey of Nonprofits and grantmakers in Illinois. Sound familiar?
Based on a November survey of nonprofits and grantmakers in the state:
- 71 percent of respondents had cut their budgets during 2009,
- 66 percent reported a reduction in operating reserves,
- 63 percent saying they had three months or fewer of reserves
- only 11 percent reporting more than twelve months of reserves.
On the grantmaker side:
- 37 percent of respondents said they planned to further reduce their grantmaking,
- 42 percent of the grantmakers said they had increased their support for nonprofit capacity building over the past twelve months — a sign, according to the report, that there is widespread concern among grantmakers in the state about nonprofit sustainability.
Service deman increasing:
- 67 percent of nonprofits reported an increase in demand for their services — the same percentage as a year ago but up significantly from five years ago
- 41 percent reported a decrease in their ability to meet that demand, up from 21 percent in last year's survey.



