October 17, 2010
Economy’s Downturn Forces Charities to Change Tactics
Boy Scouts of America
A planned High Adventure facility for kids, like this one, helped Boy Scouts of America (No. 35) draw donors.
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Boy Scouts of America
A planned High Adventure facility for kids, like this one, helped Boy Scouts of America (No. 35) draw donors.
The Great Recession is over. For America’s largest charities, now comes the ponderously slow thaw.
Donations to the 400 charities that raise the most from private sources are expected to eke up by a median of just 1 percent this year, meaning that half expect to do less well and half anticipate doing better. That is a big improvement over 2009, when donations tumbled by a median of nearly 6 percent, but still a long way from the sums most groups were raising before the economy
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