July 2, 2009
Businesses Buckle Up
Corporate donors see tighter belts in the months ahead
As the economic recession continues, many of America's largest corporations plan to decrease their giving or keep it flat in 2009, with many deciding to stop supporting charitable causes that are not related to their businesses, according to a new Chronicle survey.
Of the 96 companies that provided predictions about how much they would donate in cash and products this year, 51 said the amount would stay roughly the same as in 2008, 15 expected it to decline, and five said it
This is an article for subscribers only. But for a limited time, you can access all of Philanthropy.com once you create a free account.
Print Subscription
Digital Subscription
Already have an account? Log In Now.
