Nov 3, 2009

Charities Eye Not-So-Generous Giving Season in Sour Economy

USA Today

The fragile economy won't rebound quickly enough to rescue some of the nation's largest charities from a bleak holiday giving season.

The nation's 400 largest charities expect giving to decline by a median of 9% this year, according to a survey by The Chronicle of Philanthropy, a trade publication. That means half the nation's largest fundraisers expect donations to drop even more than 9%.

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