Troubled Economy Triggers Changes in Giving Strategies

A New York Times article offers advice to donors on maximizing the impact of their giving as the downturn both reduces their ability to donate and ratchets up requests from hard-hit charities.

Strategies discussed include converting multiyear pledges to a charity’s endowment into an immediate gift of operating cash; deferring gifts while maintaining a commitment to a particular nonprofit group; and focusing on charities that would be most threatened without continued support and are most worth preserving.

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