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Overall Climate for Nonprofit Fundraising Worst Since 1998, Report Finds

Submitted by admin on January 14, 2009

Nonprofit professionals reported the lowest level of confidence in the fundraising climate in more than a decade, the latest edition of the Philanthropic Giving Index (PGI) from the Center on Philanthropy at Indiana University finds.

Based on a semi-annual national survey of nonprofit fundraising professionals, the index includes three fundraising measures—overall PGI, the Present Situation Index (PSI), and the Expectations Index (EI)—scored on a 0 to 100 scale. In the most recent survey, the overall PGI was 64.8, a decline of 21.7 percent from six months ago and a 27 percent decrease since December 2007. Since the index was launched in 1998, the overall PGI has ranged from a previous low of 72.3 in the summer of 2003 to a high of 94.6 in December of 1999. Read More.