Albany Charities Find It Hard to Tap Influx of Wealth

Tuesday, October 3, 2017

Albany Charities Find It Hard to Tap Influx of Wealth

Upper-income earners have been growing as a share of this region’s population, according to the Pew Research Center. Tracy Pitcher, executive director of the St. Paul’s Center for homeless mothers and their children, says you can see this shift in increasing ticket prices and sponsorship costs for charity events. "They’re definitely going after the higher-end person," she says.

Several technology companies have moved to the region, bringing new wealth, but many of these businesses aren’t locally owned and hire nationally or from abroad. Says Justin Reuter, executive director of the Boys and Girls Clubs of Albany: "How can we get those people into the club and get them involved? That’s the tough part.". . .

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