Hire More Fundraising Rain-Makers During Recession, New AHP Study Concludes
Major Gifts & Planned Giving Held Their Own as Downturn Took Hold
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The National Bureau of Economic Research has deduced that the recession began in December of 2007. That year's AHP Performance Benchmarking Service data confirm that a difficult transition was underway. Compared to earlier years, fewer donated dollars were coming from government, businesses and foundations, while the cost-to-raise-a-dollar was rising and return-on-investment was drifting downward for annual giving and special events.
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