By all accounts, September was not a good month for the American economy. Stock prices plummeted, and 159,000 jobs were lost, the worst such decline in five years. But at Yale, it was a record month for fundraising. Figures obtained by the News show that the University raked in over $28.25 million in donations last month, more than double the $14 million raised in September last year. Most of Yale’s most generous donors are not facing unemployment or foreclosure; some are so wealthy that even the most dramatic downturn has a negligible effect on their ability to give. Read more at:
http://www.yaledailynews.com/articles/view/26093
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