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When the going gets tough, the tough start giving.

Publication: San Diego Business Journal
Publication Date: 17-NOV-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: When the going gets tough, the tough start giving.(CORPORATE PHILANTHROPY)

Article Excerpt
We are in the epicenter of a "perfect storm" of challenges for San Diego nonprofits and their constituencies. The economic news is dire and financial and corporate losses make headlines daffy, leading to a decreased capacity on the part of foundations, corporations and individuals to provide donations from their shrinking assets to our nonprofit sector. Additionally, nonprofits in the social services are likely to take a triple hit--squeezed by a delayed state budget, falling contributions and rising demand. No one knows how severe this situation will become, but it does not look good.

However, as the American industrialist Henry J. Kaiser once...

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