The Nonprofiteer has been saying this to anyone who will listen: this is a great economy in which to fundraise. Now comes proof, as the New York Times reported Friday: the economy may suck, but charities are doing well.
Well, duh! For the past 8 years we’ve had an administration that has given advantages to the wealthy at the expense of the middle-class and poor. Result: wealthy people have more money than ever; some of it’s bound to go to charity. Couple that with an aging population, with Baby Boomers (who’ve also inherited their Depression-thrifty parents’ money) old enough to be concerned about legacy, and presto! You’ve got a charity bonanza.
Which proves it’s an ill wind indeed that blows nobody good.*
*Often misused as a redundant statement of terribleness–"It’s a bad thing that’s bad"–this old saw actually means, "No matter how terrible things are, SOMEBODY always benefits from them."