Cultural groups are biting their nails over the economy - specifically, worrying about whether recession-battered donors will tighten their purses; and whether foundations, with shrinking portfolios, will reduce their payouts.
But the Chronicle of Philanthropy offers a bright spot with the idea that Obama's proposed changes in the tax structure could encourage beefed-up donations.
Sounds like it wouldn't happen for a while, but we'll take our economic optimism where we can get it.
