Two weeks ago, Matt Jenkins began running barefoot up the coast of North Carolina to raise awareness about nonprofit organizations hit hard by state budget cuts. He plans to run a total of 760 miles by the end of his journey.
Jenkins works for the Western Youth Network, which has lost $200,000 worth of funding from the state government this year. His goal is to raise $20,000.
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Recession Holds Perils for Local Nonprofits
March 31, 2010
From News
March 31, 2010, Observer Dispatch — Nonprofit organizations have undergone significant strain since the start of the recession, seeing funding sources dwindle even as need for their services grows, a newly released state Comptroller’s Office study says.
Troubles in government finances only add to the level of pain. Comptroller’s Office auditors found that 87 percent of state agencies’ contracts with nonprofit agencies that are $50,000 or larger have wound up delayed. That leaves nonprofits providing services without state payments immediately available to help them.