In Foundations

Micronews on philanthropy.

CNN: Worse To Come?

From CNN:

For some, the downturn may not have hit yet. The Salvation Army, the nation’s second-largest charity, does not yet have projections for the year, but last year’s Christmas Internet donations were up more than 25%, from $7.9 million to $10.1 million, said Melissa Temme, the organization’s public relations director.

“More people are giving, but the size of the donation is going down,” she said, noting that the average donation dropped from $225 in 2007 to $190 last year.

Still, more than 93% of fundraisers said the economy is affecting their jobs negatively, “including 28.5% who reported a very negative impact,” said Una Osili, interim director of research at the Center on Philanthropy, in a news release. “However, just over 21% of those surveyed expect the economic impact to be positive six months from now.”

Full article here.

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Filed under: economy

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