Foraker advocates shift for nonprofits amid federal funding fall

Foraker advocates shift for nonprofits amid federal funding fall

Printer-friendly version

A nonprofit consulting group is encouraging other Alaska nonprofits to take a cue from falling oil prices and government funding.

“The business model that everyone has been using … won’t work in the 21st century,” Foraker Group President Dennis McMillian said on Thursday. “We need new ways of doing what we’ve always done.”

McMillan spoke to the Juneau Chamber of Commerce last week and again to the Juneau Empire.

Funding is the primary source of change in the nonprofit field, and McMillian said government funding won’t cut it for much longer. Federal funding to Alaska nonprofits has declined by nearly $3 billion since 2009, and McMillian expects the trend to continue. State funding can’t fill the gap.

Source Name: 
Juneau Empire
Find Your State Association of Nonprofits

Find Your State Association of Nonprofits

Connect with local resources and expertise

Find

Connect With Us

1. Sign up for updates

Stay up-to-date with the latest nonprofit resources and trends by subscribing to our free e-newsletters.

2. Follow us on social media