93% of Charities Feel Recession's Impact

The stock market may be rebounding, but for charities the negative impact of the recession has only deepened over the past year, according to a survey released by the Bridgespan Group, a nonprofit consulting group in Boston.

Ninety-three percent of charity leaders said their organizations are feeling the effects of the economic downturn - a significantly higher percentage than in previous polls.

2010 promises to be a challenging year, and will require organizations to consider new strategies and models for reaching both donors and those they serve.