Nonprofits & The Economy Results: Northern Palm
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Nonprofits & The Economy Results: Northern Palm

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The Community Foundation for Palm Beach and Martin Counties, in partnership with Allegany Franciscan Ministries, conducted the 2nd Annual Nonprofit Survey to gather data regarding the needs in the ...

The Community Foundation for Palm Beach and Martin Counties, in partnership with Allegany Franciscan Ministries, conducted the 2nd Annual Nonprofit Survey to gather data regarding the needs in the community, the state of nonprofits and how best funders could be of assistance. Respondents were asked about their current challenges, the impact the economic downturn has had on the services they offer and their most pressing funding needs. Here are the overall results. A recording of a webinar that corresponds with this presentation is also available at www.yourcommunityfoundation.org/economy.

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Nonprofits & The Economy Results: Northern Palm Nonprofits & The Economy Results: Northern Palm Presentation Transcript

  • Nonprofits & The Economy 2nd Annual Survey 2010
    Understanding our community
    Northern Palm Beach & Martin County Perspective
    • Tax-exempt, 501 (c )(3) public charity More than 250funds
    • $100 million in total assets
    • Last year awarded nearly $9 million in grants and scholarships
    • Cumulative grants of nearly $81 million
    • Supported by hundreds of donors
  • Allegany Franciscan Minstries
    A non-profit Catholic organization focused on improving the overall health status of individuals
    Guided by the tradition and vision of the Franciscan Sisters of Allegany, provides grants to organizations in three regions of Florida
  • Nationwide Trends in Responding
    • Typical Cost-cutting Measures
    • Limiting travel
    • Eliminating employer contributions to health insurance, retirement
    • Eliminating professional development options
    • Enforced furloughs, job sharing, reduction from full-time to part-time
    • Cutting salaries
    • Across-the-board budget cuts
    The New-New Thing:
    Strategic planning
    became even more essential
  • Nationwide Trends in Responding
    Governance Front & Center
    Board members becoming activated on issues of policy & practice
    The Dreaded 990s
    Environment of increased public scrutiny and concern with education and communication
    Conflict of interest, whistle blower policies, compensation
    Exec., audit and investment committees became more active, emphasis on oversight & fiscal responsibility
  • Local Perspective: 2nd Annual Nonprofits and the Economy Survey
    Pulse of the nonprofit community
    367 (48)responses representing:
    21,704 full-time staff members (858)
    5,796 part-time staff members (411)
    4,437 Board members (644)
    49,911 Volunteers (5,548)
    Average years operating: 30 (22)
  • The Respondents
  • Challenges
  • What We Found: Challenges
    Similar results as last year & for Martin/North PBC
  • What We Found: Challenges
    • Funding for operating expenses emerged as a top priority for organizations in light of increase of demand for service.
    • 75% felt some degree of vulnerability and 2% noted that the organization would cease operations if the economy did not improve soon.
    “At a time when need for services in the community is increasing, we are faced with cutting programs due to increasing deficits.
    • Palm Beach Gardens
    “There has been a significant increase in the number of households seeking financial aid for rent, mortgage payments and foreclosure prevention assistance.”
    -Indiantown
  • Areas of Highest Need
    • Majority of the population has been affected in light of the economic downturn.
    • Many of most vulnerable are newly affected (children, low to mid income families, elderly, jobless, etc.) and people are facing difficulties in many areas (education, unemployment, housing, healthcare, hunger).
    “Due to the economy and high unemployment rate, the characteristics of the population we are serving has expanded to include formerly "financially secure" individuals and families who, through no fault of their own, are now desperate and do not have many options to alter their situation; they simply don't know where to turn…”
    -Stuart
  • What We Found: Capital Campaigns
    54 respondents currently undertaking a capital campaign.
    Avg. goals: $7 million+
    42% of funds have been acquired ($87.7 million)
    34 respondents are postponing plans to launch a capital campaign.
    Martin/North PBC
    Goal: $77,000,000
    Raised: $18,600,000
    $80 Million increase over last year
  • What We Found: Organizational Actions
  • What We Found: Organizational Actions
    • Continuing to cut expenses and increase fundraising activities.
    • New trend: more organizations reported they are collaborating with other nonprofits.
    • 40% of respondents reported experiencing negative cash flow in the past 12 months (a 15% increase over last year’s results) and 30% of those attributed the need to borrow money due to unmet fundraising goals.
    “We asked for voluntary salary reductions and two-thirds of the staff gave between 5 and 20 percent of their wages for nine months last year.”
    -Stuart
    “The biggest need for our organization is fundraising. Our organization has been sustained by 95% grants, and we are trying to fundraise in order to offset the economic decline and lack of grants available.”
    -North Palm Beach
  • Other findings
    TOP THREE AREAS OF INTEREST
    LARGEST DECREASE IN FUNDING MIX
    • Building endowment
    • Increasing volunteer opportunities
    • Undertaking collaborative fundraising efforts
    • Many respondents also expressed an interest in the “greening” of business operation.
    • Foundation grants
    • Individual contributions
    • Corporate donations
  • What We Found: Endowments Suffered
  • Gauging Interest
    Nonprofits demonstrated a strong interest in:
    Building endowment
    Increasing volunteer opportunities
    Undertaking collaborative fundraising efforts
    Many respondents also expressed an interest in the “greening” of business operation.
  • Suggestions to Funders in addition to Giving
    Nonprofits repeatedly noted the need for operational support and assistance in establishing partnerships.
    Many also indicated the need for training and advocacy on behalf of the nonprofit sector.
    “[Help] promote their support in the media with more vigor…I think that foundations have a credibility factor that can could benefit the organizations they support by communicating why they are supporting the organization.”
    -Palm City
    “Encourage donor designated funds, or do donor drives to increase funding in certain areas not represented.”
    - Jupiter
  • Positive Impact
    Respondents were asked to share some good news in this year’s survey. Respondents praised:
    The dedication of staff and volunteers
    Increased partnerships
    Improved business operations
    “ I personally think we will be a stronger organization having survived this storm and be more focused about what we do and why we do it.”
    -Stuart
  • Good News
  • National Outlook
    • Some states revoking charities’ tax exemptions
    • Public entities looking at taxing nonprofits for new, public sources of revenue
    • Private/nonprofit partnership as new models
    • Mergers and acquisitions
    • Increased use of technology
    • Some shifts toward eligibility to enable operational support as a foundation funding priority
    • Giving is down but donors remain engaged in 2010
  • The Future Outlook: Local View
    • Leveraging is key to meeting critical needs
    • Restructuring: Tough choices ahead: consolidate, collaborate, merge or exit
    • Necessity of increased cost efficiencies
    • Technology/social media as an enabler
    • Best guess: Funding is going to continue to be constrained and highly competitive
  • Your Insights
    Continue to share your suggestions, comments and insights at www.yourpbc.org/economy
    Stay tuned for future announcements.
  • To learn more:
    www.yourcommunityfoundation.org/economy
    and sign up for our e-news list!