Nonprofit Trends Predicted for 2008

On December 31, 2007, The Chronicle of Philanthropy compiled a list of predictions to watch for in 2008 from Nonprofit leaders and experts.

Here is an excerpt from the News Update that was published. To better understand the challenges and opportunities below, read the
complete story containing outlooks from other nonprofit leaders and experts.

"The new year promises to be a pivotal one in the world of philanthropy.

A hotly contested American presidential election, a turbulent economy, heightened concerns about charities among government leaders, rapidly evolving technology, and shifting demographics are all expected to shape the way nonprofit groups and foundations operate in 2008 and beyond.

As a result, many organizations will face significant fund-raising and investment challenges. Others will confront strains in the way they deliver services.

Despite all of the potential challenges, however, charities and foundations will also have opportunities.

Many nonprofit leaders see the arrival of a new president as a chance to press for key changes.

They see technology as a way to reach out to volunteers and donors in different and exciting ways.

And as a growing number of baby boomers reach their 60s, nonprofit groups will face new opportunities to gain the support of a committed and highly skilled group of volunteers and donors."