The New Normal: Mega Donors and Fewer Recipients
July 22, 2015
The recently released annual report on American philanthropy, Giving USA, cites a 5.4 percent surge in charitable giving last year to $358.4 billion, reaching above pre-recession levels. This is good news and a reflection of the economy. Donations to religious organizations, though in decline, continue to be the top category of giving and each recipient […]
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