Saturday, August 23, 2008

Philanthropic Giving Expected to Increase in 2008

Charitable giving by the rich is expected to increase this year compared to 2007, according to the
Crown Philanthropic Advisors, a New York firm that sells technology platforms for donor-advised funds.

Crown's survey of donors and advisers showed that the wealthy–those with $2 million or more in investable assets–are unlikely to cut back on charitable giving this year.

Source: Wall Street Journal Wealth Report

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