As The New York Times reported yesterday, the ACLU this year, largely without warning, lost its single largest source of funding as a result of the financial crisis. The loss of that individual donor, who had been contributing $20 million per year, was a major blow to the organization, "punching a 25 percent hole in its annual operating budget and forcing cutbacks in operations." That loss came on top of substantial fundraising losses last year from the financial crisis and the Madoff...
Published on December 10, 2009 04:11