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Big gifts continue significant clip despite recession
The continued effects of the turbulent economy can be seen in the decrease in the number of gifts of $1-million or more announced in the first six months of this year. At least 181 gifts of that size have been awarded this year, compared with 250 such donations in the first six months of 2009.
America’s wealthiest donors are making far bigger gifts to charitable organizations in 2010 than they did a year ago—but far fewer of them are giving $1-million or more to charitable causes, a Chronicle of Philanthropy analysis has found.