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The Fund-Raising Picture: Gloomy Results

March 30, 2009, 9:12 pm

Forty-six percent of nonprofit organizations raised more money last year compared with 2007, according to preliminary findings of an annual survey, released today by the Association of Fundraising Professionals.

Reflecting the toll exacted by the economic downturn, the percentage of fund raisers whose institutions raised more money last year was a new low in the eight years the survey has been conducted. In a typical year, 60 percent of fund raisers in the survey report being able to raise more money.

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