Charity Donations Hit by Recession

Charity Donations Hit by Recession

Posted on April 8th, 2009 Global Changes 6 comments

Convincing someone to give some of their hard earned cash to charity is difficult at the best of times.

Its hardly surprising that the current downturn has lead to a fall in charity donations. Unfortunately the fact is, its times like theses when charities see an surge in demands for their services whether its disaster relief or helping the poor. Money left to charities in wills amounts to more than 1.9 Billion pounds a year, 30 times larger than the amount raised for this years comic relief.

Unfortunately the latest data shows that charity donations left in wills fell by 66 million pounds in the last 3 months of 2008, and a recent report predicts further of between 150m and 200 million pounds in 2009, due to falls in the prices of houses and shares

All is not lost however, as only 7% of people currently leave a charity donation in their will. An increase to just 11% could increase charity donations by an extra 1 billion pounds a year.

Charities must continue on in the hope of raising enough to carry on their vital work. Here’s what Arsenal FC did to help Teenage Cancer Trust

Transcript: Teenagers shouldnt have to stop being teenagers just because they have cancer. Aresenal players are helping young people with cancer live the life they want to live, by dontating a days wages to teenage cancer trust. You can help them too by donating online.
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6 responses to “Charity Donations Hit by Recession”
1. Budget Woes | Confused By The World April 23rd, 2009 at 11:49
  
  [...] the year charities have been hit hard by the recession. Most have suffered from an increasing lack of charity donations, and as a result organisations [...]
2. » : FrozenNorth Wants A Date alt 2600 May 6th, 2009 at 06:38
  
  [...] Charity Donations Hit by Recession | Global Changes [...]
3. Recession: Second Hand Shopping | Global Changes July 29th, 2009 at 15:34
  
  [...] changes over the past months. Businesses everywhere are feeling the pinch as people spend less. Charities have been hit especially badly as donations fall and the number of those in need of their help become [...]
4. ghem August 2nd, 2009 at 01:57
  
  there is a some good progress on the economy this year. i just hope that the economy will continue to recover in the following months and years.
5. Jacee August 15th, 2009 at 08:44
  
  i am hoping that the global economy would recover from this economic recession. life has been very hard with these massive job cuts.
6. Charity Gifts October 26th, 2009 at 16:32
  
  Maybe bankers should give their bonuses to charity this year. Makes more sense than giving trillions of pounds to failing bankers when a mere fraction of that could have ended world hunger.
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