NONPROFITS

NONPROFITS: Industry a significant part of NWI's economic engine

Times Board of Economists - An econonic update from Harry Vande Velde III, president and CEO of the Legacy Foundation
2013-01-27T00:00:00Z NONPROFITS: Industry a significant part of NWI's economic engineBy Vanessa Renderman vanessa.renderman@nwi.com, (219) 933-3244 nwitimes.com

The nonprofit community is a significant part of the economic engine in Northwest Indiana, Harry Vande Velde III said.

“We are a player at the table,” he said. “The not-for-profit community is a significant catalyst and driver in Northwest Indiana.”

The sector is employing more people, and the wages are nearing those of jobs in the for-profit industry, he said.

Nonprofit employment grew 23 percent from 1995 to 2009, according to a statewide analysis of Indiana nonprofits.

In terms of giving back, Vande Velde said the Legacy Foundation has awarded $30 million into the community.

Nationally, not-for-profits increasingly are turning to social media for fundraising, but traditional means of soliciting donations are still the most common, according to a survey by the Nonprofit Research Collaborative.

Copyright 2013 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Promo Banner - Ken Allen Teachers of Excellence
Follow The Times

Facebook

on Facebook

Twitter

on Twitter

Email

Get email updates from

Email Updates

RSS

Follow via RSS

RSS Feeds

In This Issue

Professionals on the Move Banner

Videos

Tom Sourlis: Northwest Indiana Business and Industry Hall of Fame

Tom Sourlis is one of the Class of 2013 inductees to the Northwest Indiana Business and Industry Hall of Fame.

Danita Johnson Hughes: Northwest Indiana Business and Industry Hall of Fame

Danita Johnson Hughes: Northwest Indiana Business and Industry Hall of Fame

Danita Johnson Hughes is one of the Class of 2013 inductees to the Northwest Indiana Busines…

Latest Local Offers

Featured Businesses

Newsletter Sign-Up