Private groups shut down when mission complete
In the end, said Robert Daum, chairman of Out2Play's board, "we just decided to declare victory and go home. Money is a scarce resource, and there are lots of other good causes out there, so there is no point in hitting up our friends and contacts for gifts simply to perpetuate the organization."
Out2Play is working to complete roughly 40 more playgrounds before it closes. It plans to leave behind an endowment to cover some of the maintenance costs associated with the playgrounds, Ms. Wenner said.
BUSINESS DAY
Mission Accomplished, Nonprofits Go Out of Business
By STEPHANIE STROM
Published: April 1, 2011
Some nonprofits, like one fighting malaria or another serving victims of the Nazis, are happily closing their doors as they run out of work