Report Warns S.F. Nonprofits Could Wither and Die Due to Lack of Funding. S.F. Organization That Wrote Report Withers and Dies Due to Lack of Funding.
|Now this is ironic!|
We can't think of words describing this course of events other than "bummer," "downer," and "get used to it."
The report, issued by the organization formerly housed at the University of San Francisco, notes that a tightening up of the monetary spigot has forced the city's 2,229 registered nonprofits and 862 foundations to hit the fund-raising trail -- and spend less time serving the needy folks who depend upon their services.
And, according to the study, this is not a trivial amount of people: Perhaps 40 cents of every human services dollar spent in San Francisco is shelled out by nonprofits. Also, with thousands of nonprofits employing tens of thousands of locals, a number of local jobs are on the line.
"Nonprofits were already struggling before the currently economic crisis," said the report's lead author, USF Professor Carol Silverman said. "Now, donations are down even further. There are going to be closures, but we don't know exactly who is going to close."
Silverman hopes the fate of San Francisco's nonprofits can serve as "a cautionary tale" to those in the rest of the nation. It was left unsaid that the fate of San Francisco's Institute for Nonprofit Organization Management could do the same.