Tuesday, October 14, 2008

Charities report slowdown in donations | courier-journal | The Courier-Journal

Charities report slowdown in donations | courier-journal | The Courier-Journal: "A recent national survey by the market research firm Prince & Associates showed that 51 percent of 439 affluent American families polled planned to reduce giving this year.

'It has spread to all sorts of small, medium and large charities,' said Michael Nilsen, a Fundraising Professionals spokesman. 'It's already affecting the ability to deliver services.'

Still, studies show that U.S. charitable giving has grown every year but once since 1969, even during some economic slowdowns."

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