May 28, 2010; Source: Third Sector | U.S. nonprofit readers need not forget just how precarious the nonprofit situation is in other countries. An astounding 68% of the charities surveyed have already had some statutory funding cut and one in six now fear they will have to close resultant from the initial pressures of the economic downturn according to a survey by The Wheel, an umbrella organization. Close to two-thirds of them will have to close if the Irish government cuts off their funding in 2011. Half of the surveyed organizations depend on government for half or more of their funding. Apparently, given the Irish government’s fiscal predicament, the cuts are a real possibility.—Rick Cohen
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