Tough Times
See the full list for Tough TimesStaying afloat in a tough economy might take all of your energy. But important legal issues that fall by the wayside can make your job even harder. These 10 quick points could help steer you down the right road so you’ll still be around for the good times.
The economy has hit nonprofits hard with more people to serve and less money with which to serve. In some cases, the best option may be for nonprofits to combine.
During this one hour webcast, our speakers help nonprofits understand:
- The different ways to combine nonprofits
- The steps for combining nonprofits
- The advantages and disadvantages of combing nonprofits
Presenters:
Darcy White, Associate, Paul Hastings
Adrienne Smith, Associate, Sutherland
During last month’s Questions to Consider in Tough Economic Times webcast, John Mills discussed options for nonprofits facing financial challenges with a focus on decreasing expenses and increasing revenue. If you haven’t watched it already, you can view this very helpful presentation here.
In this webcast, Mr. Mills turns to nonprofits that are facing possible shutdown. He will advise on how to put your nonprofit in the best position possible if closure is unavoidable. He also discusses issues to consider in deciding whether a nonprofit can dissolve or may need to file for bankruptcy.
Presenter: John Mills of Barnes & Thornburg
In addition to reduced donations from individual and corporate donors, now many nonprofits are facing reduced federal and state grant money. As a result, it is critical that nonprofits stay on top of their finances by asking the right questions and addressing these issues head on.
During this one hour webcast, John Mills identifies the questions nonprofits should be asking themselves when facing tough economic times and discuss the benefits of addressing these questions before a nonprofit must face a decision between bankruptcy and dissolution.
Presenter: John Mills of Barnes & Thornburg
Nonprofits are feeling the pinch as much if not more than other corporations. There is less grant money and donations are down. How does a nonprofit deal with the difficult employment issues that may arise due to a shortfall of money?
During this one-hour webinar, our speakers address:
- Implementation strategies for salary reductions
- How benefit reductions can help your bottom line
- Staff reduction approaches including full-time to part-time
- Ways to make difficult employment decisions without destroying morale
Presenters: Susan Pangborn and Katharine Field, Kilpatrick Stockton.