(The Atlantic) The decline of charitable giving is a hot topic of late, especially given the effects of the extreme economic downturn in 2008. In his blog on the issue, Daniel Indivigilio cited the Chronicle of Philanthropy’s statistic, averring that charitable giving to the largest 400 charities is down by 11%. The glaring culprit is, of course, tough economic times. Even though the economy is enjoying improvement now, citizens are nonetheless replacing losses, not donating to causes. The Chronicle of Philanthropy expects an increase in donations to charities in 2010–about 1.4% increase, to be precise–but it will take much brighter economic days before that number balloons.
%d bloggers like this: