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Friday, September 26, 2008

Are school fundraisers in trouble?

It’s no secret that schools rely on parents, communities and corporations to raise extra cash.

Students sell pizza, candy, wrapping paper and anything else schools can think of. Principals, superintendents and board members reach out to business leaders and philanthropic foundations hoping they’ll give thousands or millions. Colleges are on the hunt for even larger sums of money.

These donations are needed more this year because of continuous state budget cuts and the dwindling economy. But the slow economy and uneasiness on Wall Street may force fewer people to give than before.

Are you cutting back on your support for school fundraisers? How much can corporate and philanthropic foundations afford to give?

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