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A serious downturn


- The Anglican Church in Canada eliminated seven positions from its national office in November as part of a plan to slash $1. 3 million from the 2009 budget and reduce its running deficit.
According to the Anglican Journal, ongoing budget deficits have been attributed to declines in givings, investment income and donations to church-supporting funds.
Revenues in 2009 are expected to fall short of expenditures by about $1. 2 million.
- Colorado-based Focus on the Family, a producer of conservative evangelical media, eliminated 202 jobs – the most dramatic cut in its 32-year history. Reductions were intended to counter economic downturns and a drop in donations, which comprise 95 per cent of the organization's income.
The company also cut its budget from $160 million in 2008 to $138 million in 2009, and eliminated print versions of four magazines.
- The landmark Washington National (Episcopal) Cathedral which welcomes about 700,000 visitors a year and has hosted the state funerals of three presidents, will slash its budget by 40 percent next year, from $24 million to $14. 4 million.” Like many other institutions around the world,” said Very Rev. Samuel Lloyd III, the cathedral's dean, “Washington National has been affected by the serious downturn in the financial market.”

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