Premium
Nonprofits increasingly relying on wealthy donors
Publication year - 2017
Publication title -
nonprofit business advisor
Language(s) - English
Resource type - Journals
eISSN - 1949-3193
pISSN - 1531-5428
DOI - 10.1002/nba.30269
Subject(s) - recession , great recession , political science , nonprofit sector , development economics , economic growth , economics , business , public administration , labour economics , keynesian economics
Charitable donations may have rebounded from the depths of the recession and are at or near historical highs, but that doesn't mean all is well in the nonprofit sector. Instead, according to researchers at the Institute for Policy Studies, more and more of that giving is coming from fewer and fewer sources—wealthy mega‐donors and their foundations, and donor‐advised funds—leading to a troubling “top‐heavy” donor base.