Nonprofits in Distress

Nonprofits might find themselves in financial distress for a variety of reasons. Even with an active program and strong endowment, a nonprofit might suffer an unexpected loss of key management personnel, board leadership, or funders. Financial distress might also result from COVID conditions, an economic downturn, or changes in the law or other factors impacting the environment in which it operates. In this new 2-hour webcast, the faculty discuss the steps that nonprofits in distress can take to maintain their programming, and the steps they should avoid to stay out of trouble.