The Chronicle of Philanthropy

Worst-Case Scenarios

Charities that prepared contingency plans are faring better as the recession rages, say experts

As the recession deepened last November, executives at the Women's Lunch Place, a charity in Boston, took a look at its $2.1-million budget and saw nothing but red ink.

In just the first five months of their fiscal year, a combination of declining donations and deferred...

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