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Future Of Charitable Giving In Boston Looks Positive, Study Finds
ResumeCharitable giving nationwide has taken a big hit since the recession started, and Boston is no exception. Contributions have fallen off as donors, worried about their own economic security, pull back — amounting to as much as $350 billion in lost contributions.
As the economy recovers, wallets are starting to open again. According to a new study conducted by The Boston Foundation and Boston College's Center on Wealth and Philanthropy, as much as $1 trillion could go to Boston nonprofits over the next 50 years.
Professor Paul Schervish, who conducted research for the study, joined WBUR's Morning Edition to discuss his findings.
This program aired on March 5, 2013.