Meet with your finance committee now: Lessons from the Great Recession’s impact on charitable giving amidst current market shocks
ASU Lodestar Center
MARCH 18, 2020
posted by Seth Cothrun, Class 9, American Express Leadership Academy at the ASU Lodestar Center. According to a study by The Russell Sage Foundation and The Stanford Center on Poverty and Inequality, the GFC reduced total giving by 7 percent in 2008 and by another 6.2 Illustration by Jocelyn Ruiz. This decline is not anecdotal.
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