“2008 set to be the worst fundraising year for charities in a decade” [News, 12.20]


Charitable donations take a hit in lagging US economy (AFP, 12/19) – According to an informal AFP survey, “2008 set to be the worst fundraising year for charities in a decade”
> Survey: Fundraising confidence reaches new low (Nonprofit Times, 12/18) 

CORPORATE
Steven Pearlstein’s annual giving column (WaPo, 12/19) features several WG members.

EVALUATION
Charity Rankings Giveth Less Than Meets the Eye (WSJ, 12/19) – Well, it’s like I’ve been saying…

MADOFF FRAUD
Say goodbye to the Picower Foundation (Boston Globe, 12/20), formerly the “71st largest in the United States by assets.” Good grief.

ARTS
The Phillips Collection has received $23.5 million in recent donations, more than doubling the museum’s endowment. (WBJ, 12/19)

AFFORDABLE HOUSING
Opinion: In Downturn, Build Up Stock of Affordable Rental Housing (WaPo, 12/20)

STATE BUDGETS
With a new $127M shortfall, “The District now faces budget pressures similar to those in neighboring Maryland and Virginia… Maryland’s $2 billion gap represents more than 10% of the budget; Virginia’s $3 billion is about 4%.
> $38 Million Schools Cut Proposed for Md. Counties (WaPo, 12/20)

HUNGER
Food Banks Gain As Holiday Revels Are Trimmed (WaPo, 12/19)