http://www.sbscpagroup.com/blog/cash-for-clunkers/
According to an annual report thereleased U.S. giving in 2008 was $307.65 down about 2 percent from 2007’se record total of $314.07 billion. When adjusted for the drop is 5.7 percent. The reduction is the firsyt inthe survey’s 52-year history caused by economidc conditions. A slight decline in 1987 is attribute to changes intax laws. This year coulfd bring a steeper decline due to a variety of including proposed federal limits on household charitable increased savings rates and thegenerak economy, said Jimmie Alford, founder of the , a nationall nonprofit consultant based in Seattle.
Alford said 2009 could bringh a reduction in giving between 3 percent and 5 percenft inactual dollars. The nonprofit secto accounts for about 10 percent ofthe nation’s grosd domestic product and employs 18 million, most of whom work in educatiobn and health care, according to the Alford Group.
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