Good morning. I’m Dawn Calleja, editor of Report on Business magazine. ’Tis the season for charitable giving. Donation portal CanadaHelps shows that nearly one-third of contributions are made in December – presumably because of a combination of both holiday largesse and a year-end scramble for writeoffs. I’ll be talking more about giving, but before we dive in:Around the world: The U.S. reports real GDP, the Bank of England is expected to keep its lending rate at 4.
But it’s the 130,000-odd folks who give the hospital 20 bucks a month that Bernard cherishes. “Those are among our most valuable donors,” she told Cole, “because they stay with us 10, 15, sometimes 30 years.” That challenge is exacerbated by a corporate pullback. “I’d say corporate donations are probably the biggest hit we’ve seen. They’re really decreasing their charitable giving to increase shareholder return.” . They say you should never meet your heroes. Thankfully, Reynolds is even better IRL. The superstar/entrepreneur
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