Nonprofit Roundtable Shuts Down
After 13 years of helping DC-area nonprofits connect with businesses to tackle philanthropic issues, the Nonprofit Roundtable of Greater Washington has shut its doors. The organization officially closed at the end of 2015, pointing to a changing nonprofit landscape and an inability to adapt with the times, says the Washington Business Journal.
The organization saw revenue drop to just over $1.1M in 2014 from $1.8M in 2013, while expenses remained flat at $1.7M.
The Roundtable struggled to bounce back from a lawsuit brought by a former board member who claimed he was falsely accused of sexual harassment and wrongly ousted from the board. Portions of the lawsuit were dismissed and some were settled.
The organization also struggled to find permanent leadership. Diana Leon-Taylor (above) was its last leader, heading up the organization for 13 months before leaving in July 2014.
About a year ago, the organization attempted to re-tool under a board-led, scaled-down model with some of its senior people serving as consultants or moving on.
Some of the Roundtable’s most successful programs, like its Financial Reporting and Management Institute and its Future Executive Directors Program, have transitioned to other nonprofits in the region. [WBJ]
