What does the 2021 Giving USA Annual Report on Philanthropy tell us about the state of philanthropic giving?
The growing concern in recent days regarding the economy and the possibility of the U.S. entering into economic recession is causing more than a little anxiety on the part of nonprofit leaders because of its potential impact on fundraising.
This is certainly understandable; after all, a key role of nonprofit leaders and nonprofit boards is to make prudent decisions on behalf of the organizations they lead. But what do the current and historical data reveal about times of economic uncertainty?
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