Saturday, November 10, 2007

Charities Trying Mergers to Improve Bottom Line - New York Times

Charities Trying Mergers to Improve Bottom Line - New York Times
Excerpt: Charities have long been reluctant to merge, fearful of alienating both loyal donors and longtime employees. But with the number of nonprofits increasing rapidly and donors growing weary of the rise in solicitations, charities are experimenting with mergers as a way to cut costs, reduce duplication of services and increase their reach.

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