Wednesday, June 24, 2009
Many Area Charities Have Too Little Funding in Reserve, New Report Finds - washingtonpost.com
Many Area Charities Have Too Little Funding in Reserve, New Report Finds - washingtonpost.com: "More than half of Washington area charities had dangerously low operating reserves even before the recession began, leaving them especially vulnerable to service reductions in a time of sharply declining revenue, according to a new report."
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There is a simple way to produce billions of dollars of long-term funding for social causes. There is a way to harness the power of Capitalism for the Common Good that avoids government spending, taxes, stimuli, or bailouts. Companies can grant Social Bonuses by donating warrants to charity – something that doesn’t cost them anything to give – and get a deferred tax deduction for the value of the gift. To learn more go to: www.Stargazer.org/causes.
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