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Profits for nonprofits? Goodwill blazes path

August 26, 2010
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These are still grim times for many nonprofit organizations.

And then there's Goodwill Industries of Greater Detroit, a $22 million "business that happens to be a nonprofit," President Lorna Utley, a former General Motors Co. executive, told me this week. "About half of our revenue is earned. Very little of ours is philanthropic. A lot of our sources (for revenue) are changing."

Because they have to.

...

Source: Detroit News
 

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