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Transcript: Why Big Donors Give

November 6, 2009, 01:23 PM ET

Big Layoffs Made at Health-Care Charity

The fund-raising arm of St. Jude Children’s Research Hospital announced Thursday that it will cut 70 jobs, reports The Commercial Appeal, in Memphis.

The American Lebanese Syrian Associated Charities cited the problems caused by the bad economy as the reason for the layoffs and “across-the-board” cuts.

The charity ranked No. 19 on The Chronicle’s new list of the 400 American organizations that raise the most from private sources.

(A paid subscription or temporary pass is required to view The Chronicle list.)

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