Nonprofits are facing a significant financial crisis as the Trump administration implements cuts to federal funding, resulting in frozen contracts and rescinded grants. This has exposed the financial vulnerability of these institutions, prompting many to rethink their reliance on public funding. According to the Urban Institute, a large majority of nonprofits relying on such funding could face serious shortfalls. The sector must transition from a reactive financial management approach to a more strategic model focused on resilience, especially in an unpredictable political and economic landscape.
Organizations that once built multi-year budgets around government commitments are now rewriting financial plans weekly just to keep up.
Volatilityâfrom elections, markets, and geopoliticsâhas become a permanent feature of the landscape. Organizations that fail to adapt risk not only missing opportunities but also jeopardizing their ability to weather the next downturn.
#nonprofit-funding #financial-management #federal-funding-cuts #organizational-resilience #economic-impact
Collection
[
|
...
]