Trusts and Estates > Philanthropy > Giving In Today's Economy

Jan 1, 2009 12:00 PM

Giving In Today's Economy

, By John J. Havens & Paul G. Schervish

By John J. Havens & Paul G. Schervish

We are not sounding an alarm that there will be a collapse of charitable giving in 2009.

Clearly, conditions are ripe for both an economic and philanthropic breakdown. We may suffer a worst-case scenario: the Dow Jones Industrial Average declining to 5000; charitable giving plummeting 20 percent or more.

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