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Mentors help Utah nonprofits do more with less

Many Utah charities and other nonprofit groups are buckling under the weight of the Great Recession.

On Thursday, the Community Foundation of Utah helped present strategies designed to hone organizations’ business acumen and attract more charitable giving.

Although demand for assistance has increased since the economic meltdown, charitable giving is down again this year, putting a third of the organizations in danger of closing their doors, according to a study by Wells Fargo and the Community Foundation.

"Utah’s nonprofits know they need to develop innovative strategies and to re-examine their strategic plans to increase revenue and their value to the community," said Fraser Nelson, executive director of the foundation, which provides services and cash to other nonprofit groups.

By Dawn house

Full Story: http://www.sltrib.com/sltrib/money/50826801-79/nonprofits-utah-nonprofit-community.html.csp

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