An industry that relies on giving is taking some lumps these days.An article well worth your time.
Northern California charitable organizations big and small have seen donations decline as the recession, high unemployment and declining home values erode donors' wealth.
Competition for the dwindling pool of private donations is also up, since nonprofits that long relied on government funding have been hurt by local and state budget cuts. The affected nonprofits have stepped into an already crowded pool of organizations seeking donations from recession-battered businesses, foundations and consumers.
Sunday, September 19, 2010
Charities see donations decline, offer less
The Sacramento Bee reports: