With $7.5 million less to spend, Charlotte's United Way is slashing next year's grants for virtually all of the 90-plus local charities it supports.
The new spending plan, approved Tuesday by United Way board members, focuses the deepest cuts on nonprofits serving children, seniors and the disabled.
The board's reasoning: The recession and banking crisis are pushing basic needs to unprecedented levels, so limited dollars must be used to get food, clothing and shelter to victims of the economic downturn.
Charities across five counties have been dreading the news for months. Last fall, leaders watched while the recession and fallout from a United Way CEO pay scandal wrecked the agency's 2008 campaign.Full Story
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