Hoping for generosity in an uncharitable economy
Mon., Dec. 8, 2008
David Hunt, a 53-year-old Coeur d’Alene School District counselor, summarizes his current financial situation this way: “My retirement has tanked. For the first time in 25 years, many of my co-workers are concerned about their job security, and it has me wondering, too. My expenses have grown while my income has not.” Yet Hunt, who routinely gives donations to about 10 nonprofit organizations, plans to continue his personal philanthropy. There are a lot of David Hunts out there. National studies show that in past recessions, philanthropy decreased only slightly and donations actually increased to nonprofits that provide food, shelter and other basic services.