Economic Downturn Does Not Seem to Be Hurting Charity Fund-raising

The New York Times reported on March 14, 2008, that, according to preliminary results of a survey by the Association of Fundraising Professionals, the general downturn in the economy does not seem to be hurting charity fund-raising.  Here is an excerpt from the article:

In fact, some 64 percent of the organizations that have responded so far to the Association of Fundraising Professionals’ annual survey on fund-raising have reported bringing in more money in 2007 than the year before.

“Our surveys tell us fund-raising has been holding steady,” said Paulette V. Maehara, the association’s president and chief executive, who emphasized that the findings for 2007 were preliminary and that in any case the environment could change over the course of 2008.

For the entire article, see “Weakness in Economy Isn’t Hurting Charities” in the March 14, 2008, issue of New York Times.

DAB