The Chronicle of Philanthropy

Giving's Tough Climate

Economic woes put damper on some donations in 2007

By Holly Hall

The sluggish economy is showing its effects on charitable donations, which rose just 1 percent last year after inflation, according to Giving USA, the annual tally of American philanthropy to be released this week.

Americans donated $306.4-billion in 2007, but fund raising is facing more challenges this year, especially...

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