Nonprofit Fundraising Jobs Could Grow as Big Company Donations Decline
The number of nonprofit fundraising jobs
could increase this year, as flat donations from big companies will most likely cause organizations to take matters into their own hands.
A recent survey from The Chronicle of Philanthropy
found that donations from the biggest companies in the country will most likely remain flat this year. That's a turnaround from last year, when giving increased by 13 percent, a welcome sight after the 7.5 percent drop brought on by the recession.
Of the 107 Fortune 500 companies included in the report, 74 said they expect donations to remain steady this year, while 27 companies said they expect to increase their charitable donations
, and only six are anticipating a giving decrease.
The survey found that during 2010:
- Cash donations increased from $4.3 billion in 2009 to $4.9 billion in 2010.
- About eight companies increased their cash donations by more than 50 percent.
- Wal-Mart made the most donations - $319.5 million worth - than any other company.
- Pfizer donated the most in cash and products combined, giving a total of $3 billion.
- Roughly 58 companies increased the amount of money donated overseas by 20 percent, giving a total of $3.8 billion.
- Many of the biggest donors overall are in the financial industry.
Labels: Nonprofit fundraising jobs