October 3, 2008 | Read Time: 1 minute
Charity Navigator, a nonprofit watchdog group, says there may be a silver lining for donors hidden within the dark clouds of the financial meltdown and fears of an economic depression.
“The bad news in the bad economy is that vitally important services may be closed or downsized. However, the good news is that some of the worst-run organizations will no longer be competing for donations and it will be easier for donors to choose which organization to support. Also, due to mergers, more efficient organizations will be operating,” writes Ken Berger, the group’s chief executive, and Leonie Giles, a Navigator program analyst. on the group’s blog.
“This is good for donors and for the causes we care about,” they argue.
What do you think? Can a downturn in the economy thin out the number of poor-performing charities?
