Pro Speak: Slow Going but Growing
Our Russian counterparts lack some of the most basic components of U.S. fundraising.
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Sandy Rees
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? Second, there's no tax incentive for people to give like we have in the United States. I know it's a small consideration for many donors here in America, but it does encourage some gifts. They don't have that benefit in Russia.
? Finally, there are few middle-class people to give. In Russia, there is a large and growing number of wealthy people due to the new capitalist opportunities. There's also a large number of poor in the country. Middle-class people, who are the bulk of donors in the United States, make up only a small percent of the population in Russia. So, Russia simply doesn't have the sheer number of donor prospects that we do.
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Sandy Rees
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