October 25, 2009
Top Fund Raisers in 'Philanthropy 400' See Bleak Prospects
Bruised by the deepest recession in decades, the nation's most-successful fund-raising organizations anticipate that giving will decline this year by a median of 9 percent, according to a new survey by The Chronicle of Philanthropy. That would mean that half of the colleges and other nonprofit organizations in the survey expect an even steeper drop.
The fund-raising outlook for 2010 is not much better. Nonprofit officials say they are hopeful that the stock