“Corporations and wealthy individuals are donating less to nonprofits, with arts groups taking the biggest hit, according to two new studies. Of 158 companies polled by the economic-research group the Conference Board in February, 45 percent said they have reduced their 2009 philanthropy budget and 16 percent are considering it. The survey said 35 percent of the companies will make fewer grants in 2009 and 22 percent are thinking about it.”