Wise Decision-Making in Uncertain Times
New management guide helps nonprofits
meet challenges of post-9/11 world
New York, NY — November 7, 2006. The Foundation Center and the National Center on Nonprofit Enterprise have teamed up to produce Wise Decision-Making in Uncertain Times: Using Nonprofit Resources Effectively, to help nonprofits steer their organizations through profound transformations in programs, operations, fund development, and financing, within a context of economic downturns and reduced government funding.
A follow-up to the 2003 Effective Economic Decision-making by Nonprofit Organizations, also edited by Dennis R. Young, this new volume highlights the critical challenges of fiscal sustainability and encourages nonprofits to take a more expansive approach to financing. A team of experts evaluates key issues including entrepreneurship, competition, risk management, strategic investment, public support, and holistic grantmaking.
"Coping with uncertainty and change has become a constant of nonprofit organizational life," said Dr. Young. "In this book, we offer nonprofit leaders new ways to think about and address this challenge by managing, developing, and deploying their resources in more effective, creative, and strategic ways."
About the Foundation Center
Established in 1956, and today supported by more than 600 foundations, the Foundation Center is the nation's leading authority on organized philanthropy, connecting nonprofits and the grantmakers supporting them to tools they can use and information they can trust. The Center maintains the most comprehensive database on U.S. grantmakers and their grants and conducts research on trends in foundation growth and giving. It also operates education and outreach programs that help nonprofit organizations obtain the resources they need. Its web site receives more than 40,000 visits each day, and thousands of people are served in its five regional learning centers and through its national network of more than 280 Cooperating Collections. For more information, visit foundationcenter.org or call (212) 620-4230.
About Dennis R. Young
Dennis R. Young, founding CEO of the National Center on Nonprofit Enterprise in Alexandria, VA, is Bernard B. and Eugenia A. Ramsey Professor of Private Enterprise at Georgia State University's Andrew Young School of Policy Studies. Dr. Young was instrumental in establishing the Mandel Center for Nonprofit Organizations at Case Western Reserve University, is the founding editor of the journal Nonprofit Management and Leadership, and is a former president of the Association for Research on Nonprofit Organizations and Voluntary Action (ARNOVA).
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