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If you have watched or read any news since the U.K. voted to exit the European Union last week, it is very likely these words were mentioned in the coverage: uncertainty, volatility, instability.
Financial markets have dropped sharply. Nobody is quite sure what will happen.
I don’t know about you, but this certainly put me on edge. It made me wonder:
- Will corporations slow down their giving?
- Will individual donors, especially those near or in retirement, be scared to make gifts?
- Will foundation endowments fall again?
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