Thursday, March 26, 2009

US recession cuts charitable donations | ABS-CBN News Online Beta

US recession cuts charitable donations | ABS-CBN News Online Beta: "Donations decline

The Association of Fundraising Professionals (AFP) reported a 10 to 20 percent drop in charitable donations. Some studies put the figure higher at 30 percent since the start of the economic recession last year.

But this same condition is exacerbating the effects of poverty and economic dislocation, raising the pressure for even greater gift-giving."

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