By Barbara Kessler
Green Right Now
Now that you’ve worn off the magnetic strip on the credit card buying presents for everyone, gotten the letter that your health insurance premiums are doubling and your job is being “redefined,” it’s time to think about those year-end donations. Sigh.
While environmental groups will likely have an easier time on Capitol Hill next year talking policy with a new Administration that sees global warming as a real threat, they paradoxically could be facing headwinds with donors.
Consider first that some of their large contributors may have been dragged down in the Bernard Madoff securities/Ponzi scheme, which savaged many charitable foundations. While the extent of that damage is being assessed, it’s safe to assume that even nonprofits that escaped that five-alarm fire, have been singed by the economic meltdown.