Friday, November 16, 2007
ARTICLE: We're giving less to local charities (The Virginian-Pilot - HamptonRoads.com/PilotOnline.com)
ARTICLE: We're giving less to local charities (The Virginian-Pilot - HamptonRoads.com/PilotOnline.com): "Charitable giving took a tumble locally last year, dropping nearly 20 percent for a sampling of nonprofit organizations, says a new study from The Norfolk Foundation. Contributions fell from $170.1 million in 2005 to $137.7 million in 2006, the report said. But that total still exceeds the 2004 results, the foundation's top executive said, and preliminary reports indicate a bounceback for 2007. 'There seems to be general optimism that, in fact, funding will show some increases,' said Angelica Light, the foundation's president."