Meet with your finance committee now: Lessons from the Great Recession’s impact on charitable giving amidst current market shocks
ASU Lodestar Center
MARCH 18, 2020
Remember the global financial crisis (GFC), aka the Great Recession, of 2007-2010? And, despite slight upticks in 2010 and 2011 in giving, they were still well below pre-GFC levels. To help facilitate this discussion, have your CFO run budgets from 2006-2012 and see how your revenue fluctuated. We just saw this. percent in 2009.
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