Cafamerica: Rising Interest Rates May Soon Boost Recession-pinched Charitable Giving
Parallels Seen to UK CAF Survey, But Higher U.S. Rates Could Aid Nonprofits Struggling with Lower Contributions From Donors Pinched by Recession, Weak Returns Tied to Low Interest.
That same pattern has been evident in the United States, but it may ease somewhat in the coming months due to a widely expected increase in interest rates, according to CAFAmerica, which promotes borderless charitable giving as part of the CAF International Network that spans six continents and has over $4 billion of charitable funds under management.
- Companies:
- Charities Aid Foundation
- People:
- Susan Saxon-Harrold
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