Monday, November 12, 2012

Flexibility key for gift pledges in tough times � Philanthropy North Carolina

Flexibility key for gift pledges in tough times � Philanthropy North Carolina: Many gifts pledged to charities are falling short of what donors intended and charities expected as economic woes continue to change the conditions under which the gifts were made.

So donors and charities, often with the assistance of their lawyers or other intermediaries, increasingly are finding themselves negotiating over how to resolve their gift agreements.

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