The Conference Board: Economic Downturn Will Have Major Effects on Corporate Philanthropy in 2009

“How their companies are faring overall financially is very much on the minds of leading U.S. companies when allotting their corporate philanthropy monies,” says Carolyn Cavicchio, Senior Research Associate, Global Corporate Citizenship, The Conference Board. “There is a definite shift toward more critical business issues and an increased emphasis on measuring giving outcomes.”