In many cases when a supporter dies the non-profit gets zilch.
Families have a tendency to look out for families.
I have had a few that before they got sick took the unprecedented
step of setting up trusts/endowments to look after non-profit or the
aims of the non-profit.
It is not common and takes a lot of footwork before hand.
Stewart
At 08:39 PM 8/8/2009, you wrote:
Non-profits can have funding issues for all sorts of reasons aside from
management. Changes in city or state administrations can change funding
priorities. Economic upheavals can drastically reduce giving or endowments
with little warning. Boards can become demanding and/or interfering.
Disasters strike. Unprecedented outside events can stretch resources thin.
Culture changes, interest wanes, tastes migrate. Funding foundations can
have a change in leadership and direction. Underwriting companies can go
under or be bought. Sugar daddies/mommas die with poorly written wills.
But none of that matters. This is Tom's Rule of Social Intercourse #1 at
work.
Rev. Stewart A. Marshall
mailto:[email protected]
Prince of Peace www.princeofpeaceozark.org
Ozark, AL SL 82
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