some of the new normal

The New Normal means a few things, and in economic terms:

  1. those with mortgages, are likely underwater.
  2. exorbitant debt burdens for recent college students, both graduates and those who did not get a degree.
  3. social services cut, and a political paralysis and un-will to raise taxes.

In the nonprofit industry:

  1. money flows have changed.
  2. the support of individuals is tantamount.
  3. having 90% of revenue come from foundation grants is no-more. or a luxurious oddity.
  4. raising money is a 12-month, 365-day endeavor.
  5. programs need to run at cost, either covered by participant fees or with clear sense of where sponsorship and subsidization will come from. general support funding is not a long-term option.

 

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