Here are some article summaries posted in the News to Use section of the Economic Response resources on The Foraker Group web site for the week ending December 18. Recession Prompts Watchdog Agency to Loosen Fund-Raising Standards The Chronicle of Philanthropy In recognition of the recession’s severe impact on charities, the Better Business Bureau Wise Giving Alliance announced today that it will allow organizations more leeway in meeting its standards for how much they spend on fund-raising and program activities. Since 2003 the watchdog agency has required charities that meet its 20 standards to spend at least 65 percent on programs (Standard 8) and no more than 35 percent of contributions on fund-raising expenses (Standard 9). But for the fiscal years ending in 2008 through June 2010, the agency announced,… Read more »

