Guest / Limited Access /
Hundreds of millions of donor dollars are pouring into organizations raising funds in response to the September 11 terrorist attacks. But some other nonprofits are having a difficult year.

Because of the terrorist attacks and the bear market on Wall Street, the General Board of Global Ministries of the United Methodist Church in early October trimmed its staff by 20 percent and cut other expenses. The moves reduced 2001 spending by $6 million. The New York-based agency has more than 300 workers and did not say precisely how many would be laid off.

None of the agency's 2,300 mission personnel in 71 countries will be cut, according to General Secretary Ralph Nugent.

"Who would have ever thought the market would be shut down [after September 11]?" Nugent asks. "But it was, and we have to deal with that." He estimated the agency had lost $21.3 million in the value of its portfolio since 1999.

Despite wobbly stock markets, charities have collected more than $1 billion for relief. Independent Sector, a philanthropic coalition, says an October telephone survey of 1,009 individuals found that:

  • 58 percent gave financially.
  • 73 percent of September 11 givers expect to give as much or more than they usually give to other charities.
  • 50 percent say the poor economy will reduce their giving.

"Most Americans are thinking of their giving to September 11 charities as over and above their normal giving," says Sara E. Meléndez, president of Independent Sector.

Foundations are another major financial source for charitable work. Barbara Beck, public affairs manager for the religious division of the Philadelphia-based Pew Charitable Trusts, does not foresee any immediate changes.

Gretchen Wolfram, communications director for the Lilly Endowment in Indianapolis, ...

Subscriber access only You have reached the end of this Article Preview

To continue reading, subscribe now. Subscribers have full digital access.

Read These NextSee Our Latest
RecommendedFor Giving Tuesday: Where Evangelicals Donate (And No Longer Donate) Their Dollars
For Giving Tuesday: Where Evangelicals Donate (And No Longer Donate) Their Dollars
Christians are giving away more money than before the recession. But the parachurch, not churches, is getting most of it.
TrendingPope Francis Learns What Rick Warren, Russell Moore, N. T. Wright Think about Marriage
Pope Francis Learns What Rick Warren, Russell Moore, N. T. Wright Think about Marriage
(UPDATED) Warren turns Vatican conference into 'revivalist meeting,' while Moore explains why marriage crosses theological boundaries.
Editor's PickWhat Forgotten Christmas Tradition Should Churches Revive?
What Forgotten Christmas Tradition Should Churches Revive?
Rooting our celebration of Christ’s birth more deeply in our lives.
Comments
Christianity Today
Economic Slump, Terrorism Jolt Giving
hide thisDecember 3 December 3

In the Magazine

December 3, 2001

To continue reading, subscribe now for full print and digital access.