Wednesday, February 2, 2011
Illinois Owes 2000 Nonprofits More than 1 billion dollars; 60 Minutes on State Budget Crisis and Other Horror Stories
In case you missed it last Christmas, check out this really unnerving 60 Minutes segment during which it is noted that state budget problems have resulted in nonprofits (amongst other sectors) just not being paid monies owed. Illinois is said to owe some 2000 nonprofits more than $1,000,000,000. And if you are really into horror movies, add to the 60 Minutes report this Special Report entitled, "State Budget Crisis: Ripping the Safety Net Held by Nonprofits" prepared by the National Council on Nonprofits (March 2010).