Sector Report: Fundraising 2009-2010

Vinay Bhagat, founder and chief strategy officer, Convio
I am hopeful that things will get better, though I'm not expecting a rapid recovery. I am at core an optimist, but more importantly the discussions I've had with my economist friends who work at the World Bank/IMF suggest that we are in a recovery, albeit a slow one. GDP will grow even factoring out heavy government stimuli, and philanthropy has historically correlated well with GDP. I am concerned about the impact of long-term unemployment on giving at large.