March 18, 2012
General Operating Support Remains Flat, Study Finds
As charities face a continuing struggle to raise funds in the slow economic recovery, they will not find lots of new sources of unrestricted aid or other help to make it through the tough times, according to a study released last week.
A survey of 755 foundations conducted in 2011 by Grantmakers for Effective Organizations and the TCC Group found that 83 percent of foundations said they devote money to general support, compared with 80 percent in 2008. And the median amount of