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Thursday, May 14, 2009
CNW Group | THE SALVATION ARMY | The Pinch: Gifts of Securities to The Salvation Army Drop by $5.8 Million in 2008
CNW Group | THE SALVATION ARMY | The Pinch: Gifts of Securities to The Salvation Army Drop by $5.8 Million in 2008: "TORONTO, May 13 /CNW/ - The financial crisis has impacted donors that give appreciated securities to The Salvation Army, according to new figures released today. For the year ended March 31, 2009, The Salvation Army saw a $5.8 million, or 83 percent, drop in securities-related giving. While dollars raised declined from nearly $7 million in 2007 to $1.2 million in 2008, the number of planned securities gifts also declined precipitously from 289 to 142 - a 51 percent drop."
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