Charitable Giving for U.S. Health Care Rises a Tepid $241 Million in 2008, While Canadian Charitable Giving Plunges 13 Percent, Association for Healthcare Philanthropy Reports
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“The poor overall results for health care philanthropy shown by the AHP Report on Giving are a wakeup call for the Obama Administration and Congress,” said William C. McGinly, Ph.D., CAE, president of the AHP. “The hit that wealthy individuals have taken in the total worth of their portfolios and holdings during the recession takes huge assets off the table and out of the giving equation. Compounding this scenario would be the Obama administration and Congress’ attempts to limit the charitable deduction write off, thus dampening wealthy donors’ incentive to give and further reducing charitable contributions to all philanthropic organizations.”
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