Wednesday, November 12, 2008

Philanthropy Phalters

Given the shit-storm of the global financial meltdown, what will happen to charitable giving? Over $300 billion was donated last year in the United States, and individual donors account for 88% of that giving. It’s not really a question of ‘if’ things will be bad, it’s only a question of ‘when’. Check out this article from the NYTimes called ‘Bracing for Lean Times Ahead’.

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