By Jessica Stanic · 10 March 2009 · Locked
The global financial crisis has taken a devastating toll on charities, with a record number applying for funding to meet a rising demand for services. But what does this mean for the future of charity work and those who rely on it?
Charities have become the latest victims in the global financial crisis, with a growing number applying for funding to meet a rising demand for services. According to Perpetual, Australia’s largest manager of charitable trusts, 942 charities have applied for funding this year, up 26 percent on last year. The applications have totalled $60 million. With […]
Tags: Charitable Trusts, Charities, Economic Climate, Global Financial Crisis, Philanthropy, Unemployment Rate