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NY Daily News: Latino Nonprofits Feel The Squeeze

From the New York Daily News:

The bad economy has dealt a big blow to the city’s Latino nonprofits, many of which have been forced to cut hours, reduce services and even consider closing.

From theaters and language centers to housing and employment programs, organizations that have served the Latino community for decades are now struggling to stay afloat.

“The nonprofit sector is taking a triple whammy with the loss of funding from foundations, government and corporations,” said Lillian Rodríguez López, president of the Hispanic Federation, an umbrella group representing more than 90 Latino organizations in the city.

Full article here.

Via AFP.

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Filed under: economy, nonprofits

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