Donna Gordon Blankinship

Donna Gordon Blankinship
American Charities May Not Have a Happy Holiday

SEATTLE, The Associated Press — American charities have weathered a significant drop in giving this year, and while they're hoping for a holiday miracle, a recent survey shows they will probably see a decrease in year-end generosity.

Charitable Foundations See Endowments Drop

SEATTLE, June 25, 2009, Associated Press — U.S. foundations saw their investments drop by an average of 26 percent in 2008 amid the economic downturn and stock market collapse, but that hasn't slowed their charitable giving, a new survey has found.