November 10, 2009 — Most nonprofit organizations that offer retirement benefits to their employees report that their retirement plans are under stress, a new survey from the Johns Hopkins Listening Post Project finds.
Lester M. Salamon
June 29, 2009 — Eighty percent of nonprofit organizations are experiencing fiscal stress according to a survey released today by Johns Hopkins University, and close to 40 percent of them reported that this stress was “severe” or “very severe.” Theaters and orchestras were particularly hard hit, with nearly 75 percent of the former and half of the latter reporting “severe” or “very severe” stress.
Like many for-profit companies, charities are seeking help from the government, and they are upset that policy makers do not understand how much the recession has hurt them.
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