I read in the New York Times this morning that The Mount, Edith Wharton's home in Lenox, Massachusetts, is in danger of being foreclosed upon. The restoration of the house to the period when Wharton owned it has cost more than expected. Additionally, the trustees bought Edith Wharton's 2,600 volume library from a book dealer for $2.5 million several years ago and borrowed the funds for that, as well.
If the Trust raises $3 million by March 24, a donor will match it and they will be able to restructure their current debt to a manageable amount. The house is visited by about 30,000 people a year and is listed on the National Register of Historic Places.
As a fundraiser, I know that finding funds for operations is the hardest money to acquire. People love to fund specific projects and programs, but the day-to-day expenses are what kill you. Unfortunately, you can't donate on-line, but there is an address to send contributions.