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The Chronicle of Philanthropy
News Updates

March 31, 2009

Recession Forces Charities to Extend Campaign Drives

With the economic downturn making it harder to raise money, 51 percent of nonprofit organizations that are amid capital or endowment campaigns have extended the length of their drives, and an additional 11 percent have reduced the amounts they are trying to raise, according to a study released today at the annual meeting of the Association of Fundraising Professionals.

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