News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

A quarter of Russian charities may be forced to shut

More than half of Russian charities have already lost a quarter or more of their funding, and a quarter believe they will be forced to close down, due to the recession.

Nearly two thirds of Russian charities say their funding has dropped and just over half say they have already lost at least a quarter of their funding. A fall in corporate and private donations have been the trigger.

WSJ Logo