With the financial tumult on Wall Street it is no wonder many nonprofits are shaking in their boots; in times of economic distress need usually increases in the community while donations usually decrease. With the mortgage crisis increasing the amount of homelessness in major cities--and increasing the class of working poor in our urban areas too--Mobile Loaves & Fishes needs more support than ever.
Charitable donations are often the first things to be cut, though. An investment in a nonprofit like Mobile Loaves & Fishes almost always "yields significant positive
returns--not to mention a healthy tax deduction." Positive returns are a rarity in this market, and should be noticed!
Here's the catch: these positive results aren't monetary. BUT, before you dismiss them, think about what these returns are: good for the community. The credit crunch
and the mortgage crisis are exposing the crumbling moral structure of unscrupulous
investors and brokers--now is not the time to neglect the backbones of
community! And, if charitable donations result in "stronger individuals
and a stronger community both of which are good for the economy and for
business" like the ABJ article posits, what's not to love?!
(Not to mention that nonprofits like Mobile Loaves & Fishes are committed to
demonstrating a transparency that the business community could benefit
from.)
Though charitable donations may be one of the first things to go if your wallet
gets tight, consider every dollar you donate a dollar in support of your
community.