The charitable has definitely felt the effects of the financial crisis and continued recession, experiencing decreases in giving for the first time in decades. With tighter budgets to work with, nonprofit organizations need to more strategic that ever when allocating funds. In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, S. “Raghu” Raghavan, professor of management science, discusses how nonprofits can be systematic when allocating budgets.

Research by Robert Day, S. Raghavan