Posted on January 19, 2009 - by James

Philanthropy in squeeze….

Some of the region’s biggest givers, who have helped turn Seattle into a center of global philanthropy, are determined to maintain their ambitions. Yet, they are either curbing their planned growth or, in some cases, reducing their giving.
The dreams were audacious, and the money flowing to pursue them set records.

Bill Gates called for eradicating malaria; Nobel Peace Prize winner Muhammad Yunus predicted world poverty would be cut in half by 2015 and eliminated 15 years later; King County vowed to end homelessness within a decade.

Now, an economy mired in severe recession threatens to throw those goals off track.