The AP is reporting that charitable giving to the Central Virginia United Way has dropped off by about 16 percent.
Spring has arrived, and along with it a growing hunger for locally produced food. New businesses and programs have sprouted recently to meet the demand, and amateur gardeners are turning to their back yards to shave their grocery bills.
Fallout from the slump in corporate earnings could hit local nonprofits hard. On Monday we reported on how the economic crisis portends a rough patch for charities that rely on donations. I looked up a few more corporate foundations to see what impact they have on the local nonprofit scene. Unless individual giving rises dramatically,… Read more »
A rough patch for local companies can presage lean times ahead for local nonprofits. LandAmerica and Circuit City both filed for Chapter 11 Bankruptcy protection in November. Wachovia Securities, another major corporate giver, packed up most of its operations in favor of St. Louis. All three gave away large sums. Both Circuit City and LandAmerica… Read more »