The Royal Gazette: "Local charities reliant on help from exempt companies could be badly affected by the collapse of insurance giant AIG and the deepening US financial crisis, according to experts.
The Centre on Philanthropy — which coordinates the giving of some $18.5 million each year from almost 70 international and local companies — has already told charities to start thinking about 2009 and put in place strategies to raise funding from other sources."
Monday, September 22, 2008
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