Newly Formed Edward Charles Institute for Nonprofit Mergers and Acquisitions Focused on Helping Charities Hurt by the Recession
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The%20Edward%20Charles%20Institute%20for%20Nonprofit%20Mergers%20and%20Acquisitions%20was%20created%20recently%20to%20focus%20solely%20on%20helping%20troubled%20charities%20and%20nonprofits%20find%20strong%20partners%20in%20order%20to%20survive%20the%20recession%20and%20to%20continue%20operations.%20The%20Institute’s%20unique%20service%20is%20the%20first%20of%20its%20kind%20in%20the%20country.<%2Ffont>%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2Fnewly-formed-edward-charles-institute-nonprofit-mergers-acquisitions-focused-helping-charities-hurt-recession-404198%2F" target="_blank" class="email" data-post-id="7950" type="icon_link">
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The troubled economy has made merging with or acquiring another organization the most urgent task for senior managers of many struggling nonprofits. This issue is critical according to the February 2009 BridgeSpan Group report. It reported that 20 percent of its Group Poll respondents said, “Mergers could play a role in how they respond to the economic downturn.”
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