The Chronicle of Philanthropy

Giving Takes a Beating

Donations dropped by 5.7% last year, new report says

Donations to nearly every type of charity faltered in 2008, as contributions declined by 5.7 percent last year after inflation — the steepest decline Giving USA has reported since it started estimating donations in 1956.

And the situation is growing even worse this year, according to The Chronicle's...

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