I have been reflecting on what happens when nonprofits suddenly lose funding, especially as the federal government cuts so many grants right now. Years ago, I served on the board of a nonprofit where this happened with a state grant. I served on the board of another organization where a major individual donor drastically cut their funding. And I have heard stories from other organizations that had state, federal, or foundation grants they had received for years, suddenly stopped. As I think about these various cases, I am struck by how much of the outcome is determined by decisions made… Read more