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Giving patterns shift among U.S. donors
Wall Street Journal - It is no surprise that charitable giving by the wealthy declined last year. According to a report released today by Giving USA and the Center on Philanthropy at Indiana University, individual giving fell an estimated 0.4% in 2009, to $227.41 billion–a fairly mild drop. Total giving, by the wealthy, companies, foundations and bequests, fell 3.9% to $303.75 billion.
More significant was the shift in where the dollars are going. Read more...
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