Walden Cited for Prudent Financial Planning Against Possible Economic Downturns

The Chronicle of Philanthropy recently heralded Walden Family Services as a nonprofit making concrete plans to responsibly weather a possible recession or other downturn in giving. With the help of a grant earmarked by the funder specifically for reserves, Walden has increased fundraising efforts and sought diverse revenue streams in order to build those reserves and continue to serve the children, youth and families of Southern California unimpeded.

Read more about how Walden and other nonprofits are (or are not) taking steps to protect themselves by clicking here.