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Mass. Non-Profits Nervously Eye Financial Crisis
By Monica Brady-Myerov
Listen to story (Real Audio)
BOSTON - September 29, 2008 - As the financial situation continues to decline, the state's non-profit sector is concerned about its future.
There are 36,000 non-profit organizations, employing 14 percent of the workforce in Massachusetts. But as credit markets tighten, stock markets fail, and the state government considers budget cuts, many in the field are increasingly nervous.
WBUR's Monica Brady-Myerov recently listened in on a networking lunch as non-profit directors aired their concerns.
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