Recession in 2019? Charities Wring Their Hands but Do Little to Prepare

Tuesday, January 29, 2019

WASHINGTON, DC -- The news any given day is filled with warnings of "doom loops," inverted yield rates, and other wonky predictors of a recession. A downturn is likely for 2019, economic cognoscenti say, if not inevitable by 2020, particularly given the drag of the monthlong federal-government shutdown. This Chronicle article includes a chart on Charitable Giving During Recessions and includes an example of a funder helping to bolster nonprofits before the next recession.

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