charities in a downturn
charities in a downturn
Posted Jan 7, 2009 23:16 UTC (Wed) by tialaramex (subscriber, #21167)In reply to: Nicholas? by jspaleta
Parent article: Changes at OLPC
I'm sure I've previously seen analysis that says charities focused on small regular donations aren't badly hit by ordinary recessions. Only a prolonged depression, in which unemployment is very high and people worry about affording food and other essentials cuts deeply into charitable giving for ordinary people.
Even corporate donations are fairly secure for the first year or so, they're usually budgeted in advance, and arbitrarily removing all giving from the budget looks desperate which sends a bad message to investors.
The biggest problem in terms of charities is supposed to be new major donors. OLPC probably needs those, but a local animal hospital or addiction helpline can go on for another year or two without a new building or an X ray machine or whatever they were after.
