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
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 percent from 2007 to 2008, and by nearly 32 percent from 2008 to 2009. from the University of Arizona in Anthropology & Latin American History.
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