November 13, 2008
More Charities Report a Drop in Gifts This Year, Report Says
More than one-third of American charities say they have collected fewer dollars so far this year than in 2007, nearly double the share that saw such declines last year, according to a new survey.
What's more, almost half of the charities that say they rely heavily on end-of-year gifts expect donations to be less robust for the rest of the year, the survey found.
GuideStar, a Williamsburg, Va., nonprofit organization that makes data about charities available to the public,
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