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I'm sure I'm not the only one going over my budget with a fine-toothed comb right now; we're all keeping a close eye on revenue and expenses in the current economic climate. But some associations have been hit harder than others.

This month's Associations Now case study (available online) takes a look at this issue from the perspective of three small, local philanthropic groups, all of which are partially funded by their local government due to the nature of their work in the community. When their local government is considering major funding cuts to balance the budget, how should they respond?

Thanks are due to Barbara Bingham and Catherine Brown, both of whom provided insightful commentary from their perspectives as philanthropic executives.

What do you think associations and nonprofits facing budget shortfalls should be doing? What do you agree with or disagree with in this case study?