And the age of technology and corporate mergers has revamped the way nonprofits do business. Old company computer castoffs will no longer do the job for nonprofits. The sector better understands how to use technology to its advantage. Now, in rural areas as well, there is greater understanding and greater use. The influx of technology has meant a significant increase in time and money devoted to training employees and updating equipment.
Technology is just one trend.
The strong economy has generated more money for nonprofits from individuals and grantmakers. The sector is more sophisticated and professional. Donors today demand greater accountability of nonprofits. Corporate mergers and buy-outs have shifted some corporate funding. N.C. The stepped-up fundraising is just one part of the increased sophistication in the sector as a whole.