U.S./world – Giving blackout – Widespread impact

In the face of California’s mounting electricity crisis, Pacific Gas & Electric Co. announced it was suspending its corporate philanthropy, the San Francisco Chronicle reported May 7.

The financially troubled utility, which gives $7 million a year to hundreds of charities, said it hoped to resume making grants.

Charities such as United Way Silicon Valley already have braced themselves for a tough year because of the slumping economy and PG&E’s financial troubles, the Chronicle said.

The United Way’s annual campaign, which was running 8 percent ahead of last year as of Jan. 1, now is running 4 percent behind last year..

The group is not counting on PG&E to renew last year’s $170,000 gift.

For full story, go to the San Francisco Chronicle.

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