Charity Giving Is Next
All of you who feel overwhelmed and under-impressed by the big philanthropy money pouring into education these days will be happy to hear that, according to a recent article by Daniel Gross in Slate Magazine, charities are next in line to feel the economic crunch (The coming crisis in American philanthropy).
It's just going to be a little bit delayed, compared to other parts of the economy.
Gross also notes that smaller donors provide the bulk of philanthropic resources, despite the big press given to the big givers.
Not that Gates et al are going away anytime soon. Just that they'll be watching their pennies or something.