NEW REPORT SHOWS NONPROFIT SECTOR A MAJOR FORCE FOR ECONOMICAL AND SOCIAL CHANGE IN NORTH TEXAS
Number of Nonprofits in North Texas Up Almost 9,000 in 2011 from 2009
DALLAS, TX (December 18, 2012) – The Center for Nonprofit Management (CNM) and Conference of Southwest Foundations (CSF) today announced the release of Surprising Power: The State of the Nonprofit Sector in North Texas which provides detailed information on the size and scope of the nonprofit sector and giving trends in North Texas.
At a breakfast held at the Communities Foundation of Texas, Cynthia B. Nunn, President of the Center for Nonprofit Management, and Lucille DiDomenico, Executive Director of Conference of Southwest Foundations, discussed key findings from the report. “This report highlights how crucial nonprofits are to North Texas,” said Cynthia B. Nunn, President of the Center for Nonprofit Management.
“As we move forward in these challenging times, the nonprofit sector has become increasingly important in providing critical services to those in need while continuing to be a powerful force in driving our local economy.”
Number of registered 501(c)(3) organizations in North Texas in 2011 is 28,105, up from 19,336 in 2009
North Texas nonprofits serve a diverse range of missions with the majority serving human services, religion-related and education/research
North Texas nonprofits have total assets of $178 billion
Over 100,000 people are employed at nonprofits in North Texas
There are 948 foundations in North Texas with assets of $7.3 billion and a giving total of $549.2 million
In 2011, Texas foundations made grants to 2,300 recipients in North Texas with some of the largest grants made to Botanical Research Institute of Texas, UT Southwestern Medical Center at Dallas, Parkland/Foundation/Parkland Health & Hospital System and Southern Methodist University
“The importance of philanthropy to the future of our region cannot be stressed enough,” said Lucille DiDomenico, Executive Director of Conference of Southwest Foundations. “North Texas’ vitality and success depends on the philanthropic organizations that meet and support our community’s critical needs and issues.”
To view the full report visit www.cnmdallas.org.
About Center for Nonprofit Management (CNM)
Founded in 1980 by the Meadows Foundation, CNM is a 501(c)(3) nonprofit organization and one of the nation's leading management support organizations. CNM brings the most current tools for best practices in nonprofit management to thousands of nonprofit boards, staff and volunteers each year and works to strengthen nonprofits to enhance sustainability and maximize impact. For more information visit www.cnmdallas.org.
About Conference of Southwest Foundations
The Conference of Southwest Foundations is a nonprofit membership association of grantmaking organizations that provides a forum for the exchange of ideas, experiences and expertise among grantmakers, and resources to enhance the ability of each organization to fulfill its charitable mission. For more information visit www.c-s-f.org.