Fund Raisers See Glimmers of Hope, but Tough Challenges in 2010

Fund Raisers See Glimmers of Hope, But Tough Challenges in 2010 1

Arnold Adler

Peter Hansen, of the New Jersey Performing Arts Center, predicts his group will see a jump of 5 percent in revenue this year over last, but says that “it’s going to be a long haul to get through this recession.”

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close Fund Raisers See Glimmers of Hope, But Tough Challenges in 2010 1

Arnold Adler

Peter Hansen, of the New Jersey Performing Arts Center, predicts his group will see a jump of 5 percent in revenue this year over last, but says that “it’s going to be a long haul to get through this recession.”

The New Jersey Performing Arts Center expects to raise $10.7-million this year, 5-percent more than in 2009.

Peter Hansen, the center’s vice president of development, says he is grateful to be projecting an increase of any size. This is the harshest fund-raising climate in his nearly 30 years in the profession, he says.

Donors are more willing to talk about making large gifts now than they were right after the stock-market plunge in the fall of 2008, he says. But

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