The Survival Seven #9 - Charities in the recession
Oct.07, 2009 in
Recession, The Survival Seven
After a blog break of a few months, I thought it was now time to revisit the recession (and how to survive it). There’s lots of talk now that the recession is over, but spare a thought for some of those worst hit. Today, I’ll point to some of the issues facing charities…
- This solicitor’s firm says that charities buying buildings will have a new hit from the tax man
- Yes. Even the Cayman Island charities are feeling the pinch
- There’s a double blow to charities in the US as the recession caused a drop in donations at just the time their services are in greatest demand
- Charities like this one in Edinburgh are getting creative to beat the recession
- Getting too creative may be problematic. In some US states, Lawyer Ellis McGehee warns, charities are falling foul of the law in their fund-raising activities, particularly with raffles.
- Barry Ritz reminds us that we should be thinking more about charitable giving right now
- Finally, there are charities out there dedicated to protecting you from being ripped off by various online (and offline) scams

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