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Donations 'will survive the credit crunch' but charities prepare for a legacy drop
By David Ainsworth, Third Sector, 20 August 2008
Individual donations from the public are not expected to drop during the credit crunch, but legacy income could fall away, sector fundraisers have predicted.
Some large fundraising charities said they also expected costs to rise and beneficiary numbers to increase. Oxfam is preparing for possible staff and service cuts to cope with diminishing funds (Third Sector Online, 13 August). "We haven't seen any effect on our voluntary income," said Giles Pegram, director of fundraising...
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