November 4, 2008
Reports Abound of Charities Struggling Because of the Economic Downturn
Even with today's election filling their pages, many newspapers have still found time to report on the difficulties various charities are facing because of current economic conditions. Articles highlighting increased demands for services, reduced contributions, and service cuts can be found just in the past day or so in the Boston Globe (requests for food assistance up sharply), the Dallas Morning News (shrinking donations for social service charities), the Kansas City Star (reduced donations and resulting reduced services), and the Star-Ledger (Newark) (reduced donations). Similar problems are also being reported in Canada, where the Globe and Mail (Toronto) has articles on both shrinking workplace charity drives and possible service cuts at universities because of declining endowments.
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