- 25% of nonprofits dipped into reserves or endowment
- 25% lost revenue due to diminished public funding
- 19% downsized operations or reduced services
- and 22% cut staff
“despite rising expectations, most board members are reluctant to participate in fundraising activities and identify potential donors. Fundraising continues to be the weakest area of board performance, according to most respondents.”
Considering the bullet points above it is important that board members realize that insuring adequate resources is one of the board’s basic responsibilities.