June 18, 2009
When Will It End?
If this recession turns out to be like the one in the mid-1970s, donations won't rebound until at least 2012
As fund raisers try to determine how long the decline in charitable giving will last, they may want to look back at the 1970s, the era of Richard Nixon, disco, and hot pants.
The new edition of Giving USA, released last week examined key economic indicators for 2008 — such as stock-market performance, corporate profits, gross domestic product, and the rate of unemployment — and compared them with the same indicators for five previous recessions and the
This is an article for subscribers only. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
