Funding and charitable giving in the nonprofit sector is plummeting as the financial crisis strikes at the heart of some of the largest philanthropic and corporate donors in the country. In Washington, Chuck Bean, executive director of the D.C.-based Nonprofit Roundtable, describes the economic climate as the most severe in 30 years and one that is likely to generate the kinds of charitable campaigns needed after Sept. 11 and the double blows of Hurricanes Katrina and Rita. Nonprofits have felt the residual effects of Wall Street and Main Street troubles in large ways, including the collapse of large corporate financial donors and the government takeover of Fannie Mae and… Read More