The Money Value of Time: Increasing the Lifeblood of Nonprofit Organizations

Tags : Finances and Sustainability

There are roughly 1.5 million nonprofit organizations, according to the National Center for Charitable Statistics, vying for roughly $200-$300 billion contributed annually, which roughly equates to $100-$200 thousand per organization. Seemingly, none are vying for time, skilled or unskilled. Why will corporations pay "finder's fees" of several thousand dollars for talent, but nonprofit organizations will turn it away when it is offered freely?

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