Monday, September 19, 2005

Charities may feel bite from Katrina donations - 2005-09-19

Charities may feel bite from Katrina donations - 2005-09-19: "As generous donations continue to pour into Hurricane Katrina disaster relief funds, other charities worry how much money the natural disaster will draw away from their causes.
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Previous disasters, such as the Sept. 11, 2001, terrorist attacks and the tsunami in South Asia at the end of 2004, redirected cash away from charities unrelated to those events.

In a survey conducted in late 2001 and early 2002 by the Alexandria, Va.-based Association of Fundraising Professionals, half of the charities had experienced an increase in revenue through August 2001. But just two months after the terrorist attacks, nearly half of charities polled reported a decrease in funding."

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