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News Briefing: Credit Crisis Is Leaving Charities Low on Cash

By Kate Golden on January 26, 2009No Comment
  • Hundreds of charities are caught in the credit crunch as banks reduce their lines of credit at a time when nonprofits' services are needed more than ever.  [New York Times]
  • Cultural leaders urge the Obama administration to remember arts insitutions in its recovery plan.  [New York Times]
  • The UN urges donors to release billions in aid for food crisis.  [Associated Press]
  • Should foundations and corporations dig deeper into their coffers at this time of distress for so many nonprofits?  [Boston Business Journal]
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