Inflation, bear market means donors need to dig deep, says Morgan Stanley Foundation president
The president of the Morgan Stanley Foundation says the current uncertain economic environment is a challenge for many individuals and families, and of course for nonprofits as well.
A sell-off in both stocks and bonds has charity workers nationwide worried this giving season. Not helping is rising inflation, which makes their jobs not only harder, but more expensive.
Joan Steinberg, president of the Morgan Stanley Foundation, believes individual donors and corporations can r
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