10/16/06

Developing China's nonprofit sector

As Chinese nonprofits grow and diversify, they are finding themselves stretched by the rising demand for their services.

A recent McKinsey study found that gaps in management skills and program expertise, as well as an underdeveloped domestic funding base, have hindered the nonprofits' ability to respond.

Corporations can help fill these gaps by offering more flexible financial support, along with hands-on efforts to teach nonprofits skills critical to running effective organizations.

In addition to increased corporate involvement, a combination of government policies and nonprofit initiatives will be necessary to develop the sector and ensure that nonprofits get the resources they need.

[McKinsey Quarterly]

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