Fri, Jan 04, 2013 - Page 4 News List

Dismal economy hurts charities

MORE WITH LESS:At the same time charities are seeing donations from businesses and small donors drop by up to 30%, the economy is forcing more people to seek their help

By Hsieh Wen-hua and Stacy Hsu  /  Staff reporter, with staff writer

Eden Social Welfare Foundation chief executive officer Huang Cho-sung (黃琢嵩) said that increased overhead expenses due to increases in fuel prices and electricity rates last year and surging retail prices had added to an already heavy burden on the foundation.

“The total annual operating costs for the foundation’s six around-the-clock shelters that accommodate a total of 500 physically challenged people and one daycare center that administers to about 1,300 people ballooned by NT$6 million last year,” Huang said.

Huang added that the second-generation health insurance system that came into effect on Tuesday could further drive up its operating expenses.

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