Four Trends that will Impact Nonprofits in 2023

"The nonprofit sector should anticipate a year of economic uncertainty amidst the threat of a looming recession in 2023. Organizations with a solid risk management strategy will be best positioned to survive and thrive.

Nonprofits will need to contend with many challenges in 2023, including labor shortages, inflation, donor hesitancy, rising costs, cyber threats, and falling endowments. Here are four trends that will impact nonprofits in 2023, and how harnessing an enterprise risk management (ERM) strategy can help improve organizations improve their resiliency."

Is your nonprofit preparing for any of these trends?

Kara Adams, M.Ed., CAE (she/her/hers)|Community Manager|kara.adams@foundant.com

Headquartered: Bozeman, MT| Remote Location: Chicago, IL | Direct: 312-802-1374 |www.foundant.com|

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