The Business of Philanthropy

April 2010
Trustee;Apr2010, Vol. 63 Issue 4, p8
Trade Publication
The article focuses on health care philanthropy, a sector of the U.S. economy that was hit by the 2008-2009 global recession. The Association for Healthcare Philanthropy (AHP) estimates that health care donations fell by as much as 30 percent in 2009, dropping from 8.5 billion U.S. dollars to more than 6 billion U.S. dollars. William C. McGinly, president and chief executive officer (CEO) of Falls Church, Virginia-based AHP says that 2010 will be a bad year for the sector. The article suggests action to achieve oft-repeated commitment to philanthropy.


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