Honing philanthropy to a hard edge - Business - www.theage.com.au: "An estimated $3 billion is donated to charities each year, but more than two-thirds of that is not claimed as tax deductions.
Figures from the Tax Office and Philanthropy Australia suggest that people either forget to claim, or donations may be from an estate, which is not tax-deductible.
Traditionally, the establishment of charitable foundations and other philanthropic structures has been the province of the very wealthy. But two things have occurred in the past few years that are changing people's perceptions."
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