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Topic: Nonprofit Community

... a selection of articles, some original and others taken from newspapers, magazines, and online resources that focus on civic engagement and issues of interest to boomers and others 50+. If you would like to comment on any of the articles, please click here to go to the message board.  

Delaware's Nonprofits Are Financially Fragile Report Says

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In case you missed the lengthy article in the December 13th News Journal there is a new report out that paints a very gloomy picture of the funding environment for Delaware's nonprofits. According to Philanthrophy in the First State: Delaware's Nonprofits, Individual Donors and Grantmaking Organizations:

  • More than 35% of Delaware's nonprofits operated in the red each year from 2002-2007.
  • Eight private independent foundations provide the bulk of grant support to Delaware nonprofits.
  • There are fewer than a dozen corporate foundations based in Delaware. In 2007 they accounted for only 2% of foundation giving.
  • Though Delaware incomes are 3% higher than the national average, Delaware donors, on average, gave 9% less than the national average.

You can read the entire report here or a shorter Op-Ed piece from the News Journal here.

Posted on Dec 17, 2009