Home | Culture & Society

spokeswoman Kim Noetzel said. Jim Losi

By: wushan

Read More About Culture & Society

Americans have reacted to the terrorist attacks by opening their wallets to support agencies that provide relief efforts. But those donations could divert support from other non-profit groups that already •were facing uncertain finances because of the economic slowdown. For example, donations have dropped sharply in recent weeks at St. Vincent de Paul Society, even as the Phoenix charity has seen a tripling in the number of requests by hard-pressed Arizonans for help with food, rent and utilities. "We hope people remember the needs of local charities and continue to help at home, " said Terri Wogan, the society's community-relations director.

The Arizona Humane Society felt a donation drop of more than 20 percent in September, and reservations are down for a key fund-raising dinner. "We're getting a sense that a lot of people don't want to attend a gala, "
spokeswoman Kim Noetzel said. Jim Losi, president of the Charles Schwab Corp. Foundation in San Francisco and a member of 21 charity boards, believes many non-profit groups could go under. "There already was a little slowdown in giving as a function of the economy, " said Losi, whose group funnels donations from Schwab employees in Phoenix and other areas to non-profit causes worldwide. Now, in the wake of the terrorist attacks, a lot of non-profit groups "could wind up suffering, " he said.

Yet despite obvious concern for some groups, it's too early to conclude that most non-profit groups will be hit hard or overall donations will fall. The Heard Museum.in Phoenix hasn't noticed any impact on fund-raising. An early barometer for the Valley of the Sun United Way points to a 3 percent uptick in donations this year. The American Heart Association also is seeing increases in some donation measures. "We're sensing a philanthropic mood across the country, " said Chuck Reyman, the group's marketing vice president for Arizona and three neighboring states.

Indeed, the historic pattern on giving in the United States during times of shocks and slowdowns is encouraging.

Donations have increased in 39 of the past 40 years, according to a new study by the Center on Philanthropy at Indiana University. The lone exception came in 1987, when the stock market tanked and tax reform in 1986 affected the timing of certain donations, said Patrick Rooney, the center's director of research.

Nor have annual giving rates varied all that much. Americans boosted their donations at an average annual rate of 7.6 percent over those four decades, according to the Indiana Uni-versity study, including 5 percent on average during recession years. Last year, when the e-conomy began to sour, donations still rose 6.6 percent. Also, donations invariably continued to rise even during years of past major shocks, ranging from Pearl Harbor and the Cuban missile crisis to the Arab oil embargo. "Americans are very philanthropic, " Rooney said. "Even in times of crisis and recessions, giving usually continues to rise. "

Donations have increased in 39 of the past 40 years, according to a new study by the Center on Philanthropy at Indiana University. The lone exception came in 1987, when the stock market tanked and tax reform in 1986 affected the timing of certain donations, said Patrick Rooney, the center's director of research.

Article Source: http://depositarticles.com/

I recommend you go to online store, for there have a lot of ghd pretty in pink hair straighteners! ALL of them are easy and simple to handle. Besides, it allows you to enjoy the beautiful!

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Culture & Society Articles Via RSS!
Additional Articles From - Home | Culture & Society
Sign Up for a free account.
Our other websites
All about SEO
Beauty Tips Forum
Submit Articles
Member Login
Link Us
Submission Guidelines
Ezine Notifications
Article RSS Feeds
Sitemap
New Stuff
About Us
Developer
Good shopping portal
Link to Us
Contact Us
Privacy Policy
Terms of Service

counter easy hit

Powered by Article Dashboard