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Feeling the Pinch

With budgets falling victim to the “perfect storm” of the bad economy, directors are scrambling to survive the fallout

With budgets falling victim to the “perfect storm” of the bad economy, directors are scrambling to survive the fallout

To see how the dismal economy is affecting animal shelters, consider the situation facing the Massachusetts Society for the Prevention of Cruelty to Animals (MSPCA).

In February, the nonprofit announced the closure of three of its seven adoption centers—in Brockton, Martha’s Vineyard, and Springfield. The closures accompanied the downsizing of several programs and departments at the MSPCA’s Boston office. Combined, the changes eliminated 46 positions; 38 people lost their jobs.

The cause of the changes: the recession and collapsing stock market. The MSPCA’s endowment has shrunk by 25.7 percent, translating into a loss of $11 million. Brian Adams, the nonprofit’s spokesman, likened the financial setback to “a punch in the gut.”

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