Sunday, January 20, 2008
On January 10, 2008, the Chronicle of Philanthropy reported that there is a growing divide in fund-raising results for wealthy charities and poor charities. Here is an excerpt:
Signs of a growing fund-raising divide between wealthy organizations and other charities are growing starker. Even as many big organizations like arts groups and universities are reporting record increases, other charities, especially local groups that provide direct services to poor people, are struggling to get donations and keep up with rapidly escalating demands for aid, The Chronicle found in interviews with nearly 70 nonprofit organizations.
Some veteran leaders of organizations that serve needy people say they have not faced such a tough time in their entire nonprofit careers.
For the entire article, go to "A Charitable Divide," available on the Chronicle of Philanthropy website.