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Feature Story 
July 27, 2009
Silicon Valley nonprofits struggle with revenue cuts, decreased donations
Silicon Valley nonprofits struggle with revenue cuts, decreased donations - Silicon Valley / San Jose Business Journal: Santa Clara County nonprofits struggled throughout fiscal year 2008-09, with cuts of about $14.5 million from local government revenue and decreases in foundation, corporate and individual giving. A study released by the Silicon Valley Council of Nonprofits also showed that nonprofit financial trends worsened during the last six months of the fiscal year, which ended June 30. Click here to find out more! More than 331 full or part time jobs were lost within the nonprofit sector sector. The study also showed that 68 percent of the nonprofits surveyed think donors will continue to give less in fiscal year 2009-10.

Posted on July 27, 2009 5:36 PM


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