Monday, November 14, 2005

Financial squeeze play - Buffalo - MSNBC.com

Financial squeeze play - Buffalo - MSNBC.com: "Financial squeeze play
Nonprofits struggle to meet growing demand
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By Tracey Drury
Business First of Buffalo
Updated: 7:00 p.m. ET Nov. 13, 2005

In a year when Americans have poured billions of dollars into disaster relief around the world, nonprofit agencies in Western New York are weathering a storm of their own.

It's true that many organizations have seen significant revenue growth in recent years, in line with a national trend of increased giving from individual donors. However, if you ask just about any nonprofit executive how things are going, you'll hear a lot of complaints about how tight the economy is, about the declining availability of funding from government and foundations and how much they've had to adjust their staffing to balance the budget."

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