Monday, November 09, 2009

The Cavalier Daily | Rebounding economy could benefit campaign

The Cavalier Daily | Rebounding economy could benefit campaign: "Six months ago, regular donors to the University were worried about even discussing philanthropy because of the serious recession. Now, though, as the nation’s economy begins to show signs of improvement, alumni are more willing to donate and more willing to discuss donations, said Bob Sweeney, senior vice president for development and public affairs.

“Nationwide, the economy made people stop and rethink their giving,” University spokesperson Carol Wood said. Though the current economy is far from perfect, recent indications that the end is in sight have been encouraging to some prominent donors."

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