FLORIDA ECONOMIC RESEARCH PRESENTATION FRIDAY, FEBRUARY 29, 2008

Winter Park, Fla. – The Rollins College Philanthropy and Nonprofit Leadership Center will host a presentation to release regional data from Florida’s Nonprofit Sector: An Economic Force, conducted by Florida Philanthropic Network and Johns Hopkins University.

The media is invited to attend the live presentation, as well as interview Dr. Salamon and staff from the Rollins College Philanthropy and Nonprofit Leadership Center and Florida Philanthropic Network.

Where:
First Presbyterian Church of Orlando
106 East Church Street
Orlando, Florida 32801

When:
Friday, February 29, 2008
8:00 a.m.

Florida nonprofit organizations rank as the state’s fourth-largest work force and represent a significant economic presence in the Sunshine State, but still have some distance to go to catch up to their counterparts elsewhere in the United States, according to a new report commissioned by the Florida Philanthropic Network.

The study, Florida’s Nonprofit Sector: An Economic Force, was prepared by the Johns Hopkins Center for Civil Society Studies. The report is part of an ongoing program of policy research on the state’s nonprofit and philanthropic sectors by the Florida Philanthropic Network (FPN).

Florida nonprofits employ six times the number of people employed by the state’s renowned agriculture industry, according to the report. With 380,000 paid workers and another 250,000 full-time equivalent volunteer workers, the Florida nonprofit work force exceeds that of the state’s real estate industry by more than 3 to 1, and its banking and insurance industry by nearly 50 percent.

Florida’s nonprofit sector generated more than $48 billion in revenues in 2005, the latest year for which data are available. The state’s paid nonprofit workers alone accounted for nearly $13 billion in wages as of 2005.

East Central Florida nonprofits generated 16.0 percent of the state’s total nonprofit revenues and held nearly 13.6 percent of the state’s total nonprofit assets in 2005

With 81,859 nonprofit employees, this region accounted for more than a fifth (21.5 percent) of Florida’s nonprofit employment in 2005, which is markedly higher than the region’s share of the state’s total population (21.5 percent vs. 18.7 percent, respectively) .
Moreover, nonprofit employment in the East Central Region accounted for 5.7 percent of the region’s total employment, which is slightly above the state average of 4.9 percent.

About the Rollins College Philanthropy and Nonprofit Leadership Center. The Rollins College Philanthropy & Nonprofit Leadership Center is a program of the Rollins College Roy E. Crummer Graduate School of Business. It was established to assist philanthropic organizations in fulfilling their missions. In its brief seven-year history, the Philanthropy Center has served more than 25,500 nonprofit professionals and donors in Central Florida and throughout the state, providing educational programming, networking opportunities, consulting services and research to help increase the effectiveness of nonprofit organizations and enhance the professional experience of the dedicated people whom they employ. http://www.pnlc.rollins.edu/

About the Florida Philanthropic Network: The Florida Philanthropic Network is a statewide coalition of grant makers working to strengthen philanthropy through cross-sector collaboration, research, education and public policy initiatives.
www.fpnetwork.org