Charitable giving stable while recession ebbs
Charities are seeing improvements in fund-raising, with fewer charities recording declines in 2010 compared with 2009, according to a recent report. But a larger percentage of organizations said they brought in about the same amount of revenue both years, says the March 22 report by the Nonprofit Research Collaborative, a coalition of six organizations that focus on philanthropy.
Just over half (52 percent) said they met fund-raising goals, about the same (53 percent) as in a similar 2009 survey conducted by the Association of Fundraising Professionals, a member of the collaborative.
"While many organizations stopped the bleeding, giving simply didn't rebound like we thought it might, especially given the economic growth we saw in the last quarter of the year," said Paulette Maehara, CEO of the fund-raising association.
