logo
book Subscribe to our Magazine
    • Magazine
    • Membership
    • Donate
  • Racial Justice
  • Economic Justice
  • Climate Justice
  • Health Justice
  • Leadership
    • Grassroots Fundraising Journal
  • CONTENT TYPES
  • Podcasts
    • Tiny Spark
    • Women of Color in Power
  • Webinars
    • Free Webinars
    • Premium On-Demand Webinars
  • Membership

Nonprofit Newswire | Your Check is Not In the Mail

Bruce S Trachtenberg
February 19, 2010
Share
Tweet
Share
Email
Print

 

Subscribe via E-Mail Get the newswire delivered to you – free! {source} [[form name=”ccoptin” action=”http://visitor.constantcontact.com/d.jsp” target=”_blank” method=”post”]] [[input type=”text” name=”ea” size=”20″ value=”” style=”font-family:Verdana,Geneva,Arial,Helvetica,sans-serif; font-size:10px; border:1px solid #999999;”]] [[input type=”submit” name=”go” value=”GO” class=”submit” style=”font-family:Verdana,Arial,Helvetica,sans-serif; font-size:10px;”]] [[input type=”hidden” name=”m” value=”1101451017273″]] [[input type=”hidden” name=”p” value=”oi”]] [[/form]] {/source} Subscribe via RSS Subscribe via RSS Submit a News Item Submit a News Item

February 18, 2010; Chicago Tribune | A group of Illinois nonprofits are feeling a chill—and it has nothing to do with the Midwest’s notorious winter climate. Instead, the state is behind in paying its bills—to the tune of $3.8 billion—and many of those waiting for the money are nonprofit groups that serve some of Illinois’ most vulnerable residents: children, the poor, the mentally ill and the elderly.  Ironically, even a state law that mandates that all bills be paid in 60 days or face interest charges isn’t helping get money to these truly needy nonprofits.  To make up the shortfall, the Chicago Tribune reports that organizations are searching “high and low for other sources of money. They’ve borrowed against their property, if they own any, and tapped the credit lines they have with their banks. Some have also have been slow to pay their own bills to landlords, utility companies and other vendors.”  Organizations that are struggling the most to keep their doors open might take heart in the success of David Terrazino, executive director of Youth Crossroads, an organization that counsels troubled youth. Out of desperation, Terrazino sent a fax to the state comptroller’s office.  He wrote: “Without your immediate assistance to expedite payment of some of these funds, Youth Crossroads Inc. will be forced to close our doors and discontinue services to high-risk youth and their families as contracted.”  The following morning, the funds had been deposited into the group’s bank account.  While good for now, Terrazino is worried what will happen the next time funds dry up.—Bruce Trachtenberg

Sign up for our free newsletter

Subscribe to the NPQ newsletter to have our top stories delivered directly to your inbox.

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

{source}
[[script  src=”http://feeds.feedburner.com/nonprofitquarterly/newsroundup?format=sigpro” type=”text/javascript” ]][[/script]]
{/source}

Share
Tweet
Share
Email
Print

Become a member

Support independent journalism and knowledge creation for civil society. Become a member of Nonprofit Quarterly.

Members receive unlimited access to our archived and upcoming digital content. NPQ is the leading journal in the nonprofit sector written by social change experts. Gain access to our exclusive library of online courses led by thought leaders and educators providing contextualized information to help nonprofit practitioners make sense of changing conditions and improve infra-structure in their organizations.

Join Today
logo logo logo logo logo
See comments

NPQ_Spring_2022

You might also like
Measuring Is an Act of Power: A Call for Pro-Black Measurement and Evaluation
Angela Romans, Candace Stanciel and Titilola Harley
Losing Forward: Lessons from Organizing for Narrative Change
Jung Hee Choi and Joseph Phelan
The Liberatory World We Want to Create: Loving Accountability and the Limitations of Cancel Culture
Aja Couchois Duncan and Kad Smith
Hearing Every Single Voice: Consensus, Voting, and Co-op Democracy
Anj Talley
The More You Know: Sharing Power by Sharing Information
Nicole Koch
Indigenous Creators Call for Infrastructure
Steve Dubb

Upcoming Webinars

Group Created with Sketch.
June 9th, 2 pm ET

Remaking the Economy

Wage Justice, Now!

Register
You might also like
AOC’s “Tax the Rich” Dress Dazzles Met Gala, while...
Anastasia Reesa Tomkin
Foundation Giving Numbers for 2020 Show 15 Percent Increase
Steve Dubb
Strike MoMA Imagines Art Museums without Billionaires
Tessa Crisman
WOMEN OF COLOR IN POWER
Women of Color in Power

Listen wherever you get your podcasts.

Subscribe
Rep. Ayanna Pressley and Authentic Leadership
Reclaiming Interrupted Lineages

Like what you see?

Subscribe to the NPQ newsletter to have our top stories delivered directly to your inbox.

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

Independent & in your mailbox.

Subscribe today and get a full year of NPQ for just $59.

subscribe
  • About
  • Contact
  • Submissions
  • Advertisers
  • Newsletters
  • Copyright

Subscribe to View Webinars

We are using cookies to give you the best experience on our website.

 

Non Profit News | Nonprofit Quarterly
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.