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.

May
Subscribe to CT and get one year free.
Read These Next
Also in this Issue
All They Need Is the Love Clinic Subscriber Access Only
A Dallas program helps kids to say no to sex and drugs
RecommendedIs It Robbing God to Tithe on Your After-Tax (Not Gross) Income?
Is It Robbing God to Tithe on Your After-Tax (Not Gross) Income?
The Israelites were never subject to withholding upward of 15 percent.
TrendingThe Theology Beneath the Trump-Comey Conflict
The Theology Beneath the Trump-Comey Conflict
How the former FBI director’s interest in Reinhold Niebuhr shaped his approach to political power.
Editor's PickWe Actually Don’t Need a Trinitarian Revival
We Actually Don’t Need a Trinitarian Revival
Attempts to teach a ‘better’ understanding of the Trinity may do more harm than good.
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.