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30 percent decline in giving: economy has direct impact on the amount of giving non-profits are seeing.

Publication: Mississippi Business Journal
Publication Date: 27-APR-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: 30 percent decline in giving: economy has direct impact on the amount of giving non-profits are seeing.(Company overview)

Article Excerpt
The Mississippi Center for Nonprofits (MCN) serves as a resource center for nonprofit organizations across the state. Founded in 1992, the MCN serves 400 members.

Like most everybody else, the MCN is feeling the pinch of a recession economy.

Corporate donors make up the bulk of the Center's base, and with corporations navigating an economic downturn, donations to charities have been reduced right along with payrolls.

"(Corporate giving and foundation giving) both rely on the stock market economy," said MCN executive director Mark McCrary. "Consequently, that giving makes up the vast majority of an...

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