Nonprofits could soon face significant cuts in government aid in the wake of Monday’s announcement of an impasse among members of a Congressional Committee seeking to close the mounting federal deficit.
The spending curbs will probably affect many federal programs that Provide money to nonprofits, says Michael Reinemer, a member of the Healthcare at Home Initiative, a coalition of charities, foundations, associations, and companies that advocate for the disabled.
“We’ve been cut down to the bone,” Mr. Reinemer says of charities that provide home health care. “Given past history, we suspect that we will be a target.”
Meanwhile, many nonprofit leaders are also worried that Congress will continue to debate limits on charity tax breaks for the wealthy.
[The Chronicle of Philanthropy]