Thursday, September 17, 2009

Children's Hospital celebrates its benefactors | Philadelphia Inquirer | 09/17/2009

Children's Hospital celebrates its benefactors | Philadelphia Inquirer | 09/17/2009: "Hospital chief executive officer Steven Altschuler said Children's had about another billion dollars worth of needs and likely will start another campaign next year. While demand for care at Children's is increasing, he said, the hospital is being cautious with spending. 'Obviously, the economy is still in a very fragile state,' he said.

Michael Nilsen, spokesman for the Association of Fundraising Professionals, said he was hearing from members that 'this is probably the most difficult fund-raising environment they've experienced in their careers and these are 30- and 40-year veterans.'

The Giving USA Foundation, he said, found that total giving dropped from $314 billion in 2007 to $307 billion in 2008."

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