Source: Washington Post By Vanessa Small

Nonprofits have had to become ever more creative as the economic slowdown lingers — and their work is only just beginning. Two of the  Washington DC region’s largest philanthropic organizations, Fannie Mae and Freddie Mac, announced plans to phase out  their charitable giving. Corporations  are becoming much more selective in their philanthropy. And foundation budgets remain largely stagnant — they are handing out fewer grants —  amid fears of continued budget cuts from the federal government.

As a result, Washington area charities and others are scrambling for new ways to raise money.

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