Thursday, September 17, 2009

Washington Children's Hospital to Receive $150-Million From United Arab Emirates

Here's a link to an article I commented on Wednesday, 9/16/09:



http://philanthropy.com/news/updates/9515/washingon-childrens-hospital-to-receive-150-million-from-united-arab-emirates



(My comment is No. 3 after the end of the article. )



Washington Children's Hospital to Receive $150-Million From United Arab Emirates
By Holly Hall


The Children’s National Medical Center, in Washington, plans to announce Wednesday that it has received $150-million from the United Arab Emirates.


The donation, one of the biggest a charity in the United States has received from a foreign source, comes at a time when most wealthy American donors are pulling back. Only two other gifts of $100-million or more have been made so far this year, compared with 21 gifts of that size last year. Such sluggish giving is a key reason why a growing number of American charities are seeking money overseas.