May 1, 2009
Anonymous Giving Up During Recession
This story in the Chronicle of Philanthropy notes that as the recession has deepened, anonymous donations have risen. The Chronicle's analysis comes on the heels of recent reports detailing $75 million in gifts from an anonymous donor to several different colleges and universities headed by women (see prior blog post here). The Chronicle story suggests that some donors may want to hide the fact that they have done well financially while the economy has tanked, either because putting one's name on a building is "gauche" in bad times, or for the usual worry about increased solicitations from other charities or fending off questions about the gift from family (who would otherwise inherit?) and friends.
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