Background

The growing concerns over the economic slowdown and its impact on various sectors of industry have now seeped into the philanthropic landscape. Many not-for-profit organizations are concerned with the potential impact on their fundraising… with legitimate reason. They especially fear the “R” word — RECESSION — and what that could mean.

The following provides an historical overview of philanthropy during times of recession (based on data from Giving USA/Center on Philanthropy at Indiana University) and suggested strategies to focus on during these difficult economic times.