What Non-Profits Can Expect in 2024 and how to be better Prepared
This article is the first in a two-part series exploring the four big trends shaping the new year.
In an ever-evolving landscape, nonprofits find themselves at the intersection of unprecedented challenges and a burgeoning need to deliver services. As we usher in 2024, NPOs will have to navigate through a sea of change, ranging from digital transformations, to rising costs and shifts in societal expectations. From the sustained echoes of the COVID-19 pandemic to a heightened focus on sustainability, diversity, and innovative fundraising, the nonprofit sector is set to undergo a notable metamorphosis.
In this article, we explore four of the big trends and dynamics that nonprofits should anticipate in the coming year, and delve into strategies that can equip them to, not just weather the storm, but emerge resilient and reinvigorated.
1. Inflation
2. High Interest Rates
3. Declining Donations
4. Talent Shortages
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By
Charity Village
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Published
Jan 10, 2024
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Subject Area
- Non-profit / Charitable sector
- Organizational Development
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Audience
- Caregivers, Seniors & Volunteers
- Service Providers (Non-profits, Community Organizations, Local government)
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Category
- Research & Evidence
- Provincial Resources
- Organizational development
- Leadership & Development
- Best Practices
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