Cheaper than ever to name a building for charity

Donor bricks
Donor bricks

There's a fire sale on naming buildings across the country. Wait, strike that, fire sale might not be the best phrase to describe naming a new library or outpatient wing; perhaps "clearance on immortality at charities nationwide" is a better fit.

Over the last year, thanks to the economy; we've lost close to 100 billionaires, 18.5% of our millionaires and the number of gifts of more than a million dollars have been cut in half. According to Bloomberg, this is the reason that numerous charities are in the process of scaling back the donation amount required to name a building and giving donors more time to pay off pledges.