Posted AT 4:02 AM EST on 23/09/08
Charities brace for drop in donors
A few days ago, Ted Garrard got the phone call fundraisers dread.Mr. Garrard heads fundraising at the University of Western Ontario in London, and he had been working on getting a significant gift to the university. Then 10 days ago, as stock markets around the world reeled, the donor backed off.
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