Friday, November 07, 2008

Non-profit's endowment fund takes hit in stock-market crash

Non-profit's endowment fund takes hit in stock-market crash: "When economies sour, donors tend to give to charities 'where there's more of a perceived need' such as homeless shelters and health care, said Sue McCoy, spokeswoman for the Edmonton chapter of the Association of Fundraising Professionals."

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