Fundraisers Mull Effects of a Double-Dip Recession

With the drumbeat of bad economic news in the United States and around the world threatening the nation’s fragile recovery, fundraisers are wearily bracing themselves for a possible double-dip recession and the likelihood of a slowdown in giving in coming months.

Many charities have yet to raise as much as they did before the recession started in December 2007. And now, just as some organizations thought the fundraising climate was getting better, the stock market has just fallen by its steepest drop since the crash of 2008.