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CHARITABLE GIVING
Central Kentucky United Way chapter cuts funding to some agencies due to drop in donations

Reported by: Associated Press
Reported: Saturday, June 21, 2014 9:54 AM EDT
LEXINGTON, Ky.


United Way of the Bluegrass in central Kentucky is responding to a drop in donations by decreasing funding to some organizations it supports.

Bill Farmer, president of the United Way chapter, tells the Lexington Herald-Leader donations were down about 15 percent — about $800,000 less than last year. He says the yearlong giving campaign that just concluded generated about $4 million.

The United Way chapter finished 2011 with revenue of $5.3 million and 2012 with $4.9 million.

Farmer attributes the revenue decrease to a "soft economy" and competition for charitable giving.

He says most of the 80 central Kentucky agencies that receive United Way funding saw a decrease in funding, some of up to $50,000.

The organizations were notified recently of their funding levels for the coming fiscal year.

Information from: Lexington Herald-Leader, http://www.kentucky.com










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