Philanthropy Dropped But Don't Panic Yet

The latest survey from the Giving USA Foundation reports that 2008 saw the largest drop in annual charitable giving in more than 50 years, yet still it remained relatively high

By David T. Leibell & Daniel L. Daniels, partners in the Stamford, Conn., office of Wiggin & Dana LLP

The latest survey from the Giving USA Foundation reports that 2008 saw the largest drop in annual charitable giving in more than 50 years, yet still it remained relatively high.

Charitable giving in the United States dropped by 5.7 percent in 2008 (adjusted for inflation), according to Giving USA 2009, the yearbook on philanthropy released on J

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