Charitable Giving Climate Continues to Decline, Nonprofits Say
86 Percent Report Economy is Having Negative Effect on Fundraising, Center on Philanthropy at Indiana University Study Finds
INDIANAPOLIS, August 3, 2009 — The fundraising climate for U.S. charities continued to decline in the first half of 2009, according to the latest Philanthropic Giving Index (PGI) released today by the Center on Philanthropy at Indiana University.
The PGI, similar to a Consumer Confidence Index for charitable giving, includes three indexes on a scale from 0 to 100, based on a semiannual national survey of nonprofit fundraising professionals. Higher scores indicate more positive or optimistic attitudes about the climate for fundraising.
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