The past few weeks of front-page articles encompassed numbers and banks, but it was still unclear how the everyday person was reflected in this grand scheme -- until Saturday, when an article revealed the fall of many philanthropic organizations reflected by the downturn of Wall Street.
Organizations such as Heart to Heart in Casselberry are drowning in this sea of monetary confusion. Ellen Parcell, founder of the organization, applied for over $400,000 worth of grants, but she hasn't successfully gotten anything.
The stock market crash is not just hurting those in need -- Parcell gave up her salary to save her operation. Even those who help need help these days.
Even worse, the Winter Park Health Foundation lost nearly 25 percent of their assets.
Those companies that aren't losing out as much, though, are still lending their hands to those who need it. The Darden Restaraunts Foundation is supported by private donations; they also use portions of their profits to help. Last year they funded $6 million in grants and gave 6.5 million pounds of food!
For a few weeks now I have been asking myself how the fall of the economy is really impacting me. Let's face it -- even gas is cheap right now. It's productive to detail situations such as this philanthropic fall to provide reality to this far-out stock market crash.
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