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Recession jeopardizes corporate philanthropy


My company made the same announcement this year. I think it’s the “thing to do” this year…

The sluggish economy is starting to drag on the donations to charities and other nonprofits that rely heavily on corporate giving to meet their budgets.

Some companies get creative in their philanthropy, Briggs said. Software developer Red Hat, for example, plans to forgo its holiday parties and use the savings to buy 800,000 meals for the needy.


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One Response to “Recession jeopardizes corporate philanthropy”

  1. Tom Turner says:

    cool. thanks

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