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News Briefing: “Stretch” Donors Sacrifice for Charity

By Will Schneider on July 6, 2007No Comment
  • Nonprofit officials say they are receiving an increasing number of "stretch" gifts: donations seemingly out of proportion to the givers’ resources. To the shock or chagrin of friends and family, these gifts often require donors to make sacrifices or at least live more modestly than their income would allow. [Wall Street Journal]
  • At the same time that Mayor Michael R. Bloomberg has been traveling the country in recent weeks denouncing partisan politics, he has been quietly sending a very different message to the state’s Republican Party: I will continue to support the G.O.P. team. [New York Times]
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