Study: Arizona nonprofits grew by 25 percent

credit: Wikipedia

A recent study by the Arizona Community Foundation found that Arizona's economy has grown in part due to an increasing influence of nonprofit organizations within the state. Nonprofits provide employment to state residents and are responsible for almost 10% of Arizona's gross state product, mostly resulting from fees and revenue from government contracts.

The assets held by Arizona nonprofits have hit nearly $50b in total and have transformed cities like Lake Havasu, which depend on nonprofits to support their local economies, in large part through spending. Over the last 7 years, a 12% surge in nonprofit growth has helped strengthen the state's ability to compete both nationally and internationally with a strong and skilled labor force.

According to the Arizona Community Foundation, the influence of nonprofits in the state of Arizona must be taken seriously.

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Federal Programs Related to - Community Foundation Grants

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    Federal Programs Related to - Employment, General/Other

    Programs whose primary purpose is to help people find, secure and sustain suitable gainful employment.

    Federal Programs Related to - Community Development, General/Other

    Programs that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of a community or neighborhood and improving the quality of life for all. Community Building; Community Capacity Building; Community Development and Improvement; Community Development Block Grants; Healthy Communities Community Economic Development Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones

    Federal Programs Related to - Organizational Development & Training

    Programs that provide technical assistance for nonprofit organizations who need management support in areas like board development, facility administration, fiscal administration, grant writing, personnel administration, program planning, development or evaluation, service delivery, volunteer utilization, or public relations. Community-Based Organizational Support; Community Service Clubs Management; Kiwanis Club Support; Men's Service Clubs Management; Nonprofit Management; Nonprofit Organization Development; Women's Service Clubs Management

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