July 6, 2007
Americans' Giving Reaches Record High
American giving reached a record high last year, but contributions grew more slowly than many fund raisers expected in an economy marked by double-digit stock-market gains and groundbreaking contributions by many of the nation's wealthiest donors.
Donations totaled $295-billion last year, an increase of 1 percent after inflation, according to Giving USA, the yearbook of American philanthropy released last week. That marked the third straight year that donations grew following the
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