Elsewhere online
February 10, 2015

Boston Nonprofits Fear Donation Drop if City Gets Olympics

With backers of Boston's 2024 Olympics bid touting plans to fully cover the event's estimated $4.7-billion price tag with private dollars, charities in the region are raising concerns that an outpouring of philanthropy for the games will cut into giving to other causes, The Boston Globe writes. The chief Olympics organizing group, Boston 2024, is itself a nonprofit and is already fundraising online.

Local nonprofit leaders see a cautionary tale in Atlanta's experience putting on the 1996 Olympics, which some say diverted giving from traditional charities before the Games and strained organizations during them as demand for social services rose. Boston charity leaders are strategizing on how to counter a prospective loss of donations and are seeking a role in decision-making on the city's bid.