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.
CAFAmerica CEO Susan Saxon-Harrold said: “Rising interest rates amidst the early signs of a possible economic turnaround will help to encourage new giving by some donors who have cut back since the onset of the current recession in the early 2008. This will be good news for charities that have been bearing the brunt for months now of recessionary pressures.”
- Companies:
- Charities Aid Foundation
- People:
- Susan Saxon-Harrold
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