DRIVING OUTSOURCING DECISIONS FOR NONPROFIT ORGANIZATIONS
October, 2017 -Nonprofit organizations are significant contributors to the American economy. According to GDP data compiled by the World Bank, the global nonprofit industry were a nation and it would have the sixteenth largest economy in the world. In addition to the economic activity created by nonprofit organizations and the countless services that are delivered by them on behalf of government agencies, nonprofit organizations are also one of the largest employment providers across the country.
Charitable giving in general is closely tied to stock market performance, and the periods of extreme volatility over the last few years have a delayed effect on donors. As a result, many nonprofit organizations saw their personal and donor-advised fund balances decline in the last few years. However, lately charitable giving is on an upward trend and organizations across the sector are reporting increased number of donations, philanthropic help, and volunteers all over the country. Continue reading AMERICANS ARE GENEROUSLY DONATING