December 12, 2002
How Foundations Can Help in Tough Times
In a tsunami of bad news for nonprofit organizations, states are reporting unprecedented budget shortfalls, foundation assets are plummeting, and many individuals are cutting back their charitable donations. At the same time, with the economy shaky and unemployment at worrisome levels, ever greater numbers of people are turning to already-stressed charities for health and social services.
Throughout the nation, nonprofit groups are struggling, making it imperative that foundations
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