Generation X not in giving mood -- yet

Generation X not in giving mood -- yet: "Generation X not in giving mood -- yet
Monday, October 04, 2004
By Alana Semuels, Pittsburgh Post-Gazette

This time last year, 34 percent of the 2003 graduates of Carnegie Mellon's business school had made pledges to contribute to their alma mater, a weak showing even among notoriously stingy alumni in their 20s and early 30s.
Enter David A. Tepper, the 46-year-old millionaire investor and CMU graduate, who gave the school $55 million and urged students at the school - renamed the David A. Tepper School of Business - to follow his lead of 'earning, learning, and returning.'
This year's class gift participation: 93 percent, a threefold increase.
'It's astronomical,' said Ron Schiller, director of university development and associate vice president of advancement at Carnegie Mellon. 'It's witness to the power of understanding the difference that philanthropy makes.'"